As filed with the Securities and Exchange Commission on April 9, 2020

File Nos. 333-200239
811-03365

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-4

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.	□
Post-Effective Amendment No. 7	☒
and
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 709	☒

(Check Appropriate Box or Boxes)

Brighthouse Separate Account A

(Exact Name of Registrant)

Brighthouse Life Insurance Company

(Name of Depositor)

11225 North Community House Road
Charlotte, NC 28277

(Address of Depositor's Principal Executive Offices) (Zip Code)

Depositor's Telephone Number, including Area Code
(980) 365-7100

(Name and Address of Agent for Service)

Brighthouse Life Insurance Company
c/o The Corporation Trust Company
1209 Orange Street

Corporation Trust Center
New Castle County

Wilmington, DE 19801
(302) 658 7581

Copies to:

W. Thomas Conner
Vedder Price

1401 I Street NW, Suite 1100
Washington, DC 2005

Approximate Date of Proposed Public Offering:

On May 1, 2020 or as soon thereafter as practicable.

It is proposed that this filing will become effective (check appropriate box):

□ immediately upon filing pursuant to paragraph (b) of Rule 485.

☒ on May 1, 2020 pursuant to paragraph (b) of Rule 485.

□ 60 days after filing pursuant to paragraph (a)(1) of Rule 485.

□ on (date) pursuant to paragraph (a)(1) of Rule 485.

If appropriate, check the following box:

□ this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Title of Securities Registered: Individual Variable Annuity Contracts

This registration statement incorporates herein by reference the Prospectus Supplement dated April 29, 2019 to the May 1, 2017 Prospectus included in Post-Effective Amendment No. 6 to the registration statement on Form N-4 (File Nos. 333-200239/811-03365) filed on April 11, 2019 pursuant to paragraph (b) of Rule 485.

This registration statement incorporates herein by reference the Prospectus Supplement dated April 30, 2018 to the May 1, 2017 Prospectus included in Post-Effective Amendment No. 5 to the registration statement on Form N-4 (File Nos. 333-200239/811-03365) filed on April 26, 2018 pursuant to paragraph (b) of Rule 485.

This registration statement incorporates herein by reference the Prospectus dated May 1, 2017 included in Post-Effective Amendment No. 3 to the registration statement on Form N-4 (File Nos. 333-200239/811-03365) filed on April 13, 2017 pursuant to paragraph (b) of Rule 485.

The Variable Annuity Contract

issued by

BRIGHTHOUSE LIFE INSURANCE COMPANY

and

BRIGHTHOUSE SEPARATE ACCOUNT A

Brighthouse Growth and Income

Supplement Dated May 1, 2020
to the Prospectus Dated May 1, 2017

This supplement updates certain information contained in your last prospectus dated May 1, 2017 for the Brighthouse Growth and Income annuity contract issued by Brighthouse Life Insurance Company (Brighthouse, the Company, or we or us). We no longer offer the contract to new purchasers. You should read and retain this supplement with your contract.

The contract has a single Investment Option.

Fidelity^® Variable Insurance Products — Investor Class

Fidelity VIP FundsManager 50% Portfolio

In accordance with regulations adopted by the Securities and Exchange Commission, beginning on or after January 1, 2021, paper copies of the shareholder reports for the Investment Options available under your variable annuity contract will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications electronically by visiting Fidelity’s website at fidelity.com/mailpreferences.

You may elect to receive all future reports in paper free of charge. You can inform us that you wish to continue receiving paper copies of your shareholder reports by visiting fidelity.com/mailpreferences, or by calling toll-free (800) 634-9361. Your election to receive reports in paper will apply to all Investment Options available under your contract.

To learn more about the Brighthouse Variable Annuity contract, you can obtain a copy of the Statement of Additional Information (SAI) dated May 1, 2020. The SAI has been filed with the Securities and Exchange Commission (SEC) and is legally a part of the prospectus. The SEC maintains a Web site (http://www.sec.gov) that contains the SAI, material incorporated by reference, and other information regarding companies that file electronically with the SEC. The Table of Contents of the SAI is listed in this supplement. For a free copy of the SAI, or for further information, call us at (800) 544-2442, or write the Annuity Service Center: P.O. Box 770001, Cincinnati, OH 45277-0050.

The contracts:

are not bank deposits
are not FDIC insured
are not insured by any federal government agency
are not guaranteed by any bank or credit union
may be subject to loss of principal

The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.

The Financial Industry Regulatory Authority (“FINRA”) provides background information about broker-dealers and their registered representatives through FINRA BrokerCheck. You may contact the FINRA BrokerCheck Hotline at 1-800-289-9999, or log on to www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck is available through the Hotline or on-line.

Inquiries. If you need more information, please contact our Annuity Service Center at:

Annuity Service Center
P.O. Box 770001
Cincinnati, Ohio 45277-0050
(800) 634-9361

FEE TABLES AND EXAMPLES

The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering the contract. The first table describes the fees and expenses that you will pay at the time that you buy the contract, surrender the contract, or exchange Contract Value between Investment Options. State premium taxes of 0% to 3.5% may also be deducted.

Owner Transaction Expenses Table Surrender Charge (Note 1) (as a percentage of amount withdrawn)	2%
Exchange Fee (Note 2)	$ 25
	$ 0	(First 12 per year)

Note 1. If any amount is withdrawn during the first five Contract Years, a surrender charge may be assessed. Surrender charges are calculated in accordance with the following. (See “Expenses—Surrender Charge.”)

Number of Complete Years from Contract Date	Surrender Charge (% of Amount Withdrawn)
0	2
1	2
2	2
3	2
4	2
5 and thereafter	0

Note 2. Currently, the contract offers only one Investment Option. In the future, we may make additional Investment Options available. There is no charge for the first 12 exchanges in a Contract Year; thereafter the fee is $25 per exchange. Brighthouse is currently waiving the exchange fee, but reserves the right to charge the fee in the future.

The next tables describe the fees and expenses that you will pay periodically during the time that you own the contract, not including Investment Option fees and expenses.

Variable Account Annual Expenses (referred to as Variable Account Product Charge) (as a percentage of average Contract Value in the Variable Account)
Mortality and Expense Charge
Single Annuitant	1.90%
Joint Annuitants	2.05%

The next table shows the total operating expenses charged by the Investment Option which you will pay during the Accumulation Phase. Your Contract Value will be allocated to a single Investment Option during the Accumulation Phase (see “Investment Options”). An Investment Option may impose a redemption fee in the future. More detail concerning each Investment Option’s fees and expenses is contained in the prospectus for that Investment Option and in the following tables.

Total Annual Portfolio Expenses (1)
(expenses that are deducted from Investment Option assets,
including management fees, 12b-1/service fees, and other expenses) 0.67%

Note 1. The total annual portfolio expenses of the Fidelity VIP FundsManager 50% Portfolio include the fees and expenses of the underlying portfolios (Acquired Fund Fees and Expenses). For contracts issued based on applications signed and dated prior to July 21, 2012, the Fidelity VIP FundsManager 60% Portfolio was offered in place of the Fidelity VIP FundsManager 50% Portfolio. The total annual portfolio expenses of the Fidelity VIP FundsManager 60% Portfolio are 0.74%.

For information concerning compensation paid for the sale of the contracts, see “Other Information—Distributor.”

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Investment Option Expenses as of December 31, 2019

(as a percentage of the average daily net assets of an Investment Option)

The following table is a summary. For more complete information on Investment Option fees and expenses, please refer to the prospectus for each Investment Option. Acquired Fund Fees and Expenses are expenses incurred indirectly as a result of investing in shares of one or more underlying portfolios.

Investment Option	Management Fee	Distribution and/or Service (12b-1) Fees	Other Expenses	Acquired Fund Fees and Expenses	Total Annual Operation Expenses	Fee Waiver and/or Expense Reimbursement	Net Total Annual Operating Expenses
Fidelity ® Variable Insurance Products — Investor Class
Fidelity VIP FundsManager 50% Portfolio	0.25%	—	—	0.42%	0.67%	0.05%	0.62%
Fidelity VIP FundsManager 60% Portfolio	0.25%	—	—	0.49%	0.74%	0.05%	0.69%
Fidelity VIP Government Money Market Portfolio	0.17%	—	0.11%	—	0.28%	—	0.28%

Notes:

The information shown in the table above was provided by the Investment Options. Certain Investment Options and their investment adviser have entered into expense reimbursement and/or fee waiver arrangements that will continue through at least April 30, 2021. These arrangements can be terminated with respect to these Investment Options only with the approval of the Investment Option's board of directors or trustees. Please see the Investment Options’ prospectuses for additional information regarding these arrangements.

The Fidelity VIP FundsManager 50% Portfolio and the Fidelity VIP FundsManager 60% Portfolio are “funds of funds.” A fund of funds invests substantially all of its assets in other underlying funds. Because the Investment Options invest in other funds, each will bear its pro rata portion of the operating expenses of those underlying funds, including the management fee.

For contracts issued based on applications signed and dated prior to July 21, 2012, the Fidelity VIP FundsManager 60% Portfolio was offered in place of the Fidelity VIP FundsManager 50% Portfolio.

Examples

These Examples are intended to help you compare the cost of investing in the contract with the cost of investing in other variable annuity contracts. These costs include contract Owner transaction expenses, Variable Account Annual Expenses, and Investment Option fees and expenses.

The Examples assume that you invest $10,000 in the contract for the time periods indicated. The Examples also assume that your investment has a 5% return each year and assume the joint Annuitants Variable Account Product Charge of 2.05% and Total Annual Portfolio Expenses (including Acquired Fund Fees and Expenses) of 0.74% for the Fidelity VIP FundsManager 60% Portfolio and 0.67% for the Fidelity VIP FundsManager 50% Portfolio as the Investment Option fees and expenses. An example based on the Money Market Portfolio’s fees and expenses is not presented, because you may not allocate Purchase Payment or Contract Value to the Money Market Portfolio (see “Purchase—Free Look” for more information). Although your actual costs may be higher or lower, based on these assumptions, your costs would be as indicated in the tables below.

Fidelity VIP FundsManager 50% Portfolio (for contracts issued based on applications signed and dated on and after July 21, 2012):

(1) If you surrender your contract at the end of the applicable time period:

	Time Periods
	1 year	3 years	5 years	10 years
Fidelity VIP FundsManager 50% Portfolio	$479	$1,056	$1,658	$3,085

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(2) If you do not surrender your contract or if you annuitize at the end of the applicable time period:

	Time Periods
	1 year	3 years	5 years	10 years
Fidelity VIP FundsManager 50% Portfolio	$279	$856	$1,458	$3,085

Fidelity VIP FundsManager 60% Portfolio (for contracts issued based on applications signed and dated prior to July 21, 2012):

(1) If you surrender your contract at the end of the applicable time period:

	Time Periods
	1 year	3 years	5 years	10 years
Fidelity VIP FundsManager 60% Portfolio	$472	$1,035	$1,624	$3,017

(2) If you do not surrender your contract or if you annuitize at the end of the applicable time period:

	Time Periods
	1 year	3 years	5 years	10 years
Fidelity VIP FundsManager 60% Portfolio	$272	$835	$1,424	$3,017

The Examples should not be considered a representation of past or future expenses or annual rates of return of any Investment Option. Actual expenses and annual rates of return may be more or less than those assumed for the purpose of the Examples.

Condensed Financial Information

Condensed financial information (Accumulation Unit value information) is located in “Appendix A—Accumulation Unit Values” at the end of this prospectus.

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Investment Options

The contract offers two Investment Options, the Money Market Portfolio and either the Fidelity VIP FundsManager 50% Portfolio or the Fidelity VIP FundsManager 60% Portfolio, depending on the date it was issued, as described below. However, you may not choose to allocate the Purchase Payment or exchange Contract Value to the Money Market Portfolio (see “Money Market Portfolio” below for more information). Your Contract Value will be allocated to a single Investment Option. Additional Investment Options may be available in the future.

For contracts issued based on applications signed and dated prior to July 21, 2012, the Fidelity VIP FundsManager 60% Portfolio was offered in place of the Fidelity VIP FundsManager 50% Portfolio.

You should read the prospectuses for these funds carefully before investing. Copies of these prospectuses will accompany or precede the delivery of your contract. You can obtain copies of the fund prospectuses by calling us at: (800) 544-2442. You can also obtain information about the funds (including a copy of the Statement of Additional Information) by accessing the Securities and Exchange Commission's website at http://www.sec.gov. Certain Investment Options described in the fund prospectuses may not be available with your contract. A summary of advisers, subadvisers, and investment objectives for each Investment Option is listed below.

The investment objectives and policies of certain of the Investment Options may be similar to the investment objectives and policies of other mutual funds that certain of the portfolios’ investment advisers manage. Although the objectives and policies may be similar, the investment results of the Investment Options may be higher or lower than the results of such other mutual funds. The investment advisers cannot guarantee, and make no representation, that the investment results of similar funds will be comparable even though the funds may have the same investment advisers.

Shares of the Investment Options may be offered to insurance company separate accounts of both variable annuity and variable life insurance contracts and to qualified plans. Due to differences in tax treatment and other considerations, the interests of various owners participating in, and the interests of qualified plans investing in the Investment Options may conflict. The Investment Options will monitor events in order to identify the existence of any material irreconcilable conflicts and determine what action, if any, should be taken in response to any such conflict.

Certain payments we receive from an investment adviser or its affiliates. An investment adviser or subadviser of the Investment Options, or its affiliates, may make payments to us and/or certain of our affiliates. These payments may be used for a variety of purposes, including payment of expenses for certain administrative, marketing, and support services with respect to certain other variable insurance products we offer, and, in our role as an intermediary, with respect to the Investment Options in those products. We and our affiliates may profit from these payments. The amount of the payments we receive may be significant and is based on a percentage of assets of the Investment Options attributable to those other variable insurance products we and our affiliates issue.

Additionally, an investment adviser or subadviser of the Investment Options, or its affiliates, may provide us with wholesaling services that assist in the distribution of certain other variable insurance products we or our affiliates offer and may pay us and/or certain of our affiliates amounts to participate in sales meetings. These amounts may be significant and may provide the adviser or subadviser (or its affiliate) with increased access to persons involved in the distribution of those variable insurance products.

Selection of investment options. We select the Investment Options offered through this contract based on a number of criteria, including asset class coverage, the strength of the adviser’s or subadviser's reputation and tenure, brand recognition, performance, and the capability and qualification of each investment firm. Another factor we may consider is the risk of investment losses that could require us to use our own assets to make payments in connection with the guarantees under the GWB.

We review the Investment Options periodically and may remove an Investment Option or limit its availability to new Purchase Payments and/or exchanges of contract value if we determine that the Investment Option no longer meets one or more of the selection criteria, and/or if the Investment Option has not attracted significant allocations from contract owners. In some cases, we have included Investment Options based on recommendations made by selling firms. These selling firms may receive payments from the Investment Options they recommend and may benefit accordingly from the allocation of Contract Value to such Investment Options.

We do not provide any investment advice and do not recommend or endorse any particular Investment Option. You bear the risk of any decline in the Contract Value of your contract resulting from the performance of the Investment Options.

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Investment Option	Investment Objective	Investment Adviser/Subadviser
Fidelity ® Variable Insurance Products — Investor Class
Fidelity VIP FundsManager 50% Portfolio	Seeks high total return.	Fidelity Management & Research Company LLC
Fidelity VIP FundsManager 60% Portfolio	Seeks high total return.	Fidelity Management & Research Company LLC
Fidelity VIP Government Money Market Portfolio	Seeks as high a level of current income as is consistent with preservation of capital and liquidity.	Fidelity Management & Research Company LLC

Money Market Portfolio. This Investment Option is no longer available for investment.

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Federal Income Tax Status

Introduction

We do not intend the following discussion to be tax advice. For tax advice you should consult a tax adviser. Although the following discussion is based on our understanding of federal income tax laws as currently interpreted, there is no guarantee that those laws or interpretations will not change.

This discussion does not address federal gift tax, state or local income tax, or other considerations which may be involved in the purchase, operation, or exercise of any rights or options under the contract. Also, this discussion does not address estate tax issues that might arise due to the death of an Owner or Annuitant. The particular situation of each Owner, Annuitant, and Beneficiary will determine the federal estate taxes and the state and local estate, inheritance and other taxes due. You should seek competent tax advice on such matters pertaining to you.

In addition, we make no guarantee regarding any tax treatment – federal, state, or local – of any contract or of any transaction involving a contract.

For federal tax purposes, the term “spouse” refers to the person to whom you are lawfully married, regardless of sex. The term “spouse” generally will not include individuals who are in a registered domestic partnership or civil union not denominated as marriage under state or other applicable law.

Tax Deferral During Accumulation Period

Under existing provisions of the Code, any increase in an Owner’s Contract Value is generally not taxable to the Owner until received, either in the form of annuity income payments or in some other form of distribution. However, as discussed below, this rule applies only if:

(1)	the investments of the Variable Account are “adequately diversified” in accordance with Treasury Department regulations;
(2)	the Company, rather than the Owner, is considered the owner of the assets of the Variable Account for federal income tax purposes; and
(3)	the Owner is an individual (or an individual is treated as the Owner for tax purposes).

Diversification Requirements

The Code and Treasury Department regulations prescribe the manner in which the investments of a segregated asset account, such as the subaccount of the Variable Account, are to be “adequately diversified.” If the Variable Account fails to comply with these diversification standards, the contract will not be treated as an annuity contract for federal income tax purposes and the Owner would generally be taxed currently on the excess of the Contract Value over the Purchase Payment paid for the contract. The subaccounts of the Variable Account intend to comply with the diversification requirements. In this regard, we have entered into agreements with funds under the subaccounts that require the funds to be “adequately diversified” in accordance with the Internal Revenue Code and Treasury Department regulations.

Ownership Treatment

In certain circumstances, variable annuity contract owners may be considered the owners, for federal income tax purposes of the assets of a segregated asset account, such as the Variable Account, used to support their contracts. In those circumstances, income and gains from the segregated asset account would be includible in the contract owners’ gross income. The Internal Revenue Service (the “IRS”) has stated in published rulings that a variable contract owner will be considered the owner of the assets of a segregated asset account if the owner possesses incidents of ownership in those assets, such as the ability to exercise investment control over the assets. As of the date of this prospectus, no comprehensive guidance has been issued by the IRS clarifying the circumstances when such investment control by a variable contract owner would exist. As a result, your right to make exchanges among the Investment Options may cause you to be considered the owner of the assets of the Variable Account. We therefore reserve the right to modify the contract as necessary to attempt to prevent contract Owners from being considered the owners of the assets of the Variable Account. However, there is no assurance such efforts would be successful.

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Separate Account Charges

It is conceivable that certain benefits or the charges for certain benefits such as the guaranteed withdrawal benefit, could be considered to be taxable each year as deemed distributions from the contract to pay for non-annuity benefits. We currently treat these charges and benefits as an intrinsic part of the annuity contract and do not tax report these as taxable income until distributions are actually made. However, it is possible that this may change in the future if we determine that this is required by the IRS. If so, the charges or benefits could also be subject to a 10% penalty tax if the taxpayer is under age 59½.

Non-Natural Owner

As a general rule, contracts held by “non-natural persons” such as a corporation, trust or other similar entity, as opposed to a natural person, are not treated as annuity contracts for federal tax purposes. The income on such contracts (as defined in the tax law) is taxed as ordinary income that is received or accrued by the Owner of the contract during the taxable year. There are several exceptions to this rule for non-natural Owners. Under one exception, a contract will generally be treated as held by a natural person if the nominal owner is a trust or other entity that holds the contract as an agent for a natural person. We do not intend to offer the contracts to “non-natural” persons. However, we will offer the contracts to revocable grantor trusts in cases where the grantor represents that the trust is for the benefit of the grantor Annuitant (i.e. the contract is held by the trust for the benefit of a natural person (an “individual”)). The following discussion assumes that a contract will be owned by an individual.

Delayed Annuity Commencement Dates

On the contract date, the Annuity Date is automatically set to be the first day of the calendar month on or after the contract anniversary that falls on or after the oldest Owner’s 95th birthday. Federal income tax rules do not expressly identify a particular age by which annuity payments must begin. However, if the contract’s Annuity Date occurs (or is scheduled to occur) at too advanced an age, it is conceivable that the Internal Revenue Service could take the position that the contract is not an annuity for federal income tax purposes. In that event, the income and gains under the contract could be currently includible in the Owner’s income.

The following discussion assumes that the contract will be treated as an annuity contract for federal income tax purposes.

In addition, to qualify as an annuity for federal tax purposes, the contract must satisfy certain requirements for distributions in the event of the death of the Owner of the contract. The contract contains such required distribution provisions. For further information on these requirements see the Statement of Additional Information.

Qualified Contracts

You may use the contract as an Individual Retirement Annuity. The IRA contract has not yet been approved by the IRS as to the form of the IRA. Under Section 408(b) of the Code, eligible individuals may contribute to an Individual Retirement Annuity (“IRA”). The Code permits certain “rollover” contributions to be made to an IRA. In particular, certain qualifying distributions from a 401(a) plan, a tax sheltered annuity, a 403(b) plan, a Governmental 457(b) plan, or an IRA, may be received tax-free if rolled over to an IRA within 60 days of receipt. Because the contract’s minimum initial payment of $50,000 is greater than the maximum annual contribution permitted to an IRA, a qualified contract may be purchased only in connection with a “rollover” of the proceeds from a qualified plan, tax sheltered annuity, or IRA.

In order to qualify as an IRA under Section 408(b) of the Code, a contract must contain certain provisions:

(1)	the Owner of the contract must be the Annuitant and, except for certain transfers incident to a divorce decree, the Owner cannot be changed and the contract cannot be transferable;
(2)	the Owner’s interest in the contract cannot be forfeitable; and
(3)	annuity and payments following the death of an Owner must satisfy certain required minimum distributions.

Contracts issued on a qualified basis will conform to the requirements for an IRA and will be amended to conform to any future changes in the requirements for an IRA.

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The following information describes changes in federal tax law affecting the required minimum distributions (“MRDs”) that you must take from a qualified annuity contract during your life and that your beneficiary must take following your death. This information should be read in conjunction with the discussion of such distributions set forth in the “Federal Income Tax Status” section of the prospectus, as well as other sections of the prospectus.

(1)

Effective January 1, 2020, the age at which MRDs generally must begin for IRAs and qualified retirement plans is extended from age 70 ½ to age 72. This change only applies if you attained age 70 ½ on or after January 1, 2020. Other requirements relating to MRD payments remain the same.

(2)

Effective January 1, 2020, when an IRA owner or defined contribution plan participant dies, any remaining interest must generally be distributed within 10 years after the IRA owner/participant’s death, unless an exception applies. An exception permits an “eligible designated beneficiary” to take distributions over the beneficiary’s life or over a period not exceeding the beneficiary’s life expectancy. An eligible designated beneficiary includes: the IRA owner/participant’s spouse or minor child (until the child reaches age of majority), certain disabled or chronically ill individuals, and individuals who are not more than 10 years younger than the IRA owner/participant.

The change described in (2) above can significantly affect a beneficiary’s ability to “stretch” distributions from a qualified annuity contract over his or her life or life expectancy. It may also shorten the time period over which the remaining balance of the contract must be taken if the IRA owner/participant had been receiving payments at the time of death, either in the form of annuity payments or through withdrawals of the MRD amount each year. As a result of this change, we are not currently issuing inherited IRA contracts to beneficiaries other than surviving spouses and individuals who are not more than 10 years younger than the deceased IRA owner/participant. We may modify this in the future, so please consult your financial representative. Any annuity payment or withdrawal option made available under the contract must comply with applicable federal income tax rules.

You should consult with your tax adviser if you think you may be affected by these changes.

Contract Values and Proceeds

Under current law, you will not be taxed on increases in the value of your contract until a distribution occurs.

A distribution may occur in the form of a withdrawal, payments following the death of an Owner and payments under an Annuity Income Option.

The assignment or pledge of any portion of the value of a contract may also be treated as a distribution. In the case of a qualified contract, you may not receive or make any such pledge. Any such pledge will result in disqualification of the contract as an IRA and inclusion of the value of the entire contract in income.

Additionally, a transfer of non-qualified contract for less than full and adequate consideration will result in a deemed distribution, unless the transfer is to your spouse (or to a former spouse pursuant to divorce decree).

The taxable portion of a distribution is taxed as ordinary income. Under current federal income tax law, the taxable portion of distributions under variable annuity contracts and qualified plans (including IRAs) is not eligible for the reduced tax rate applicable to long-term capital gains and qualifying dividends.

Taxes on Surrender of the Contract Before Annuity Income Payments Begin

If you fully surrender your contract before annuity income payments commence, you will be taxed on the portion of the distribution that exceeds your cost basis in your contract. In addition, amounts received as the result of the death of the Owner or Annuitant that are in excess of your cost basis will also be taxed.

For non-qualified contracts, the cost basis is generally the amount or your payments, and the taxable portion of the proceeds is taxed as ordinary income.

For qualified contracts, we will report the cost basis as zero, and the entire amount of the surrender payment is taxed as ordinary income. You may want to file an Internal Revenue Service Form 8606 if any part of your Purchase Payment has been previously taxed.

Taxes on Partial Withdrawals

Withdrawals of the GWB Amount and withdrawals received under the Systematic Withdrawal Program are treated as partial withdrawals.

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Partial withdrawals under a non-qualified contract are generally treated for tax purposes as first being taxable withdrawals of investment income, rather than as return of your Purchase Payment, until all investment income has been withdrawn. You will be taxed on the amount withdrawn to the extent that your Contract Value at that time exceeds your payments. In the event of your GWB Amount in a Contract Year exceeds your Contract Value, you will be taxed on the amount withdrawn to the extent that your GWB Amount exceeds your Purchase Payment.

Partial withdrawals under the qualified contract are prorated between taxable income and non-taxable return of investment. We will report the cost basis of a qualified contract as zero, and the partial withdrawal will be fully taxed unless you have filed an Internal Revenue Service Form 8606 to identify the part of your Purchase Payment that has been previously taxed.

Partial and complete withdrawals may be subject to a 10% penalty tax (see “10% Penalty Tax on Early Withdrawals”). Partial and complete withdrawals also may be subject to federal income tax withholding requirements.

Aggregation of Contracts

In certain circumstances, the IRS may determine the amount of annuity income payment or withdrawal from a contract that is includible in income by combining some or all of the annuity contracts a persons owns. For example, if a person purchases a contract offered by this prospectus and also purchases at approximately the same time an immediate annuity issued by us, the IRS might in certain circumstances treat the two contracts as one contract. In addition, if a person purchases two or more deferred annuity contracts after October 21, 1988 from the same insurance company (or its predecessors or affiliates) during any calendar year, all such contracts will be treated as one contract for purposes of determining the portion of the distribution that is includible in income. The effects of such aggregation are not always clear; however, it could affect the amount of a withdrawal or an annuity income payment that is taxable and the amount which might be subject to the 10% penalty tax described above.

In the case of a qualified contract, the tax law requires for all post-1986 contributions and distributions that all individual retirement accounts and annuities be treated as one contract.

Taxes on Annuity Income Payments

Although the tax consequences may vary depending on the form of annuity selected under the contract, the recipient of Annuity Income payments under the contract generally is taxed on the portion of such income payments that exceed the cost basis in the contract. In the case of fixed income payments, like the annuity Income payments provided under the contract, the exclusion amount is determined by multiplying (1) the annuity income payment by (2) the ratio of the investment in the contract, adjusted for any period certain or refund feature, to the total expected amount of annuity income payments for the term of the contract (as determined under Treasury Department regulations). Once the total amount of the investment in the contract is excluded, Annuity Payments will be fully taxable. If annuity income payments cease because of the death of the Annuitant and before the total amount of the investment in the contract is recovered, the unrecovered amount generally will be allowed as a deduction.

For qualified contracts, we report the cost basis as zero and each Annuity Payment is fully taxed unless you have filed an Internal Revenue Service Form 8606 to identify the part of your Purchase Payment that has been previously taxed.

3.8% Tax on Net Investment Income

Federal tax law imposes a 3.8% Medicare tax is imposed on the lesser of

(1)	the taxpayer’s “net investment income,” (from non-qualified annuities, interest, dividends, etc., offset by specified allowable deductions), or
(2)	the taxpayer’s modified adjusted gross income in excess of a specified income threshold ($250,000 for married couples filing jointly and qualified widows, $125,000 for married couples filing separately, and $200,000 for single filers).

“Net investment income” in item 1 does not include distributions from tax-qualified plans (i.e., IRAs, Roth IRAs, or arrangements described in Code Sections 401(a), 403(a), 403(b), 408, 408A, or 457(b)) but such income will increase “modified adjusted gross income” in item 2.

You should consult your tax advisor regarding the applicability of this tax to income you would receive under this annuity contract.

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10% Penalty Tax on Early Withdrawals or Distributions

A penalty tax equal to 10% of the amount treated as taxable income may be imposed on distributions. The penalty tax applies to early withdrawals or distributions. The penalty tax is not imposed on:

(1)	distributions made to persons on or after age 59½;
(2)	distributions made after death of the Owner;
(3)	distributions to a recipient who has become disabled;
(4)	distributions in substantially equal installments made at least annually for the life (or life expectancy) of the taxpayer or the lives (or life expectancies) of the taxpayer and a designated second person;
(5)	in the case of qualified contracts, distributions received from the rollover of the contracts into another qualified contract or IRA;
(6)	on separation from service after age 55. This rule does not apply to IRAs (including SEPs and SIMPLE IRAs);
(7)	pursuant to a qualified domestic relations order (“QDRO”). This rule does not apply to IRAs (including SEPs and SIMPLE IRAs);
(8)	to pay IRS levies (and made after December 31, 1999);
(9)	to pay deductible medical expenses; or

(10)in the case of IRAs only, to pay for medical insurance (if you are unemployed), qualified higher education expenses, or for a qualified first-time home purchase up to $10,000.

Other exceptions may be applicable under certain circumstances and special rules apply or may become applicable in connection with the exceptions enumerated above.

We believe that systematic withdrawals under the Systematic Withdrawal Program would not satisfy the exception to the 10-percent penalty tax described in (4) above. You should consult your tax advisor before electing to take systematic withdrawals commencing prior to age 59½.

Other Tax Information

In the case of a qualified contract, a 50% excise tax is imposed on the amount by which minimum required payments following the death of Owner exceed actual distributions.

We will withhold and remit to the U.S. Government a part of the taxable portion of each distribution made under the contract, unless the Owner or Beneficiary files a written election prior to the distribution stating that he or she chooses not to have any amounts withheld. Such an election will not relieve you of the obligation to pay income taxes on the taxable portion of any distribution.

Exchanges of Contracts

We may issue the contract in exchange for all or part of another annuity or life insurance contract that you own. Such an exchange will be tax free if certain requirements are satisfied. An exchange in whole of an annuity contract for another annuity contract or for a qualified long-term care insurance policy will generally be a tax-free transaction under Section 1035 of the Code. If the exchange is tax free, your investment in the contract immediately after the exchange will generally be the same as that of the contract exchanged. Your Contract Value immediately after the exchange may exceed your investment in the contract. That excess may be includable in income should amounts subsequently be withdrawn or distributed from the contract (e.g. as a partial surrender, full surrender, annuity income payment or death benefit). If you exchange part of an existing contract of a contract, the IRS might treat the two as one annuity contract in certain circumstances. See “Aggregation of Contracts” above.

In addition, before the Annuity Date, if we agree, you may exchange all (but not part) of your Contract Value for any immediate annuity contract we then offer. Such an exchange will be tax free if certain requirements are satisfied.

Some of the ramifications of a partial exchange remain unclear. You should consult your tax advisor concerning potential tax consequences prior to any partial exchange or split of annuity contracts..

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Transfer of a Contract to or from a Revocable Grantor Trust

A contract owned by a revocable grantor trust may be transferred to a grantor, and a contract owned by one or two individual(s) may be transferred to a revocable grantor trust of which the individual(s) is (are) the grantor(s). In either situation, the Annuitant(s) must remain the same. The federal income tax treatment of such transfers is unclear. You should consult your tax advisor before making such a transfer.

Federal Estate Taxes

While no attempt is being made to discuss the federal estate tax implications of the contract, you should keep in mind that the value of an annuity contract owned by a decedent and payable to a beneficiary by virtue of surviving the decedent is included in the decedent's gross estate. Depending on the terms of the annuity contract, the value of the annuity included in the gross estate may be the value of the lump sum payment payable to the designated beneficiary or the actuarial value of the payments to be received by the beneficiary. Consult an estate planning adviser for more information.

Generation-Skipping Transfer Tax

Under certain circumstances, the Code may impose a “generation-skipping transfer tax” when all or part of an annuity contract is transferred to, or a death benefit is paid to, an individual two or more generations younger than the contract owner. Regulations issued under the Code may require us to deduct the tax from your contract, or from any applicable payment, and pay it directly to the IRS.

Annuity Purchase Payments By Nonresident Aliens and Foreign Corporations

The discussion above provides general information regarding U.S. federal income tax consequences to annuity purchasers that are U.S. citizens or residents. Purchasers that are not U.S. citizens or residents will generally be subject to the U.S. federal withholding tax on taxable distributions from annuity contracts at a 30% rate, unless a lower treaty rate applies. In addition, purchasers may be subject to state and/or municipal taxes and taxes that may be imposed by the purchaser's country of citizenship or residence. Prospective purchasers are advised to consult with a qualified tax adviser regarding U.S., state, and foreign taxation with respect to an annuity contract purchase.

Puerto Rico Tax Considerations

The Puerto Rico Internal Revenue Code of 2011 (the “2011 PR Code”) taxes distributions from non-qualified annuity contracts differently than in the U.S. Distributions that are not in the form of an annuity (including partial surrenders and period certain payments) are treated under the 2011 PR Code first as a return of investment. Therefore, a substantial portion of the amounts distributed generally will be excluded from gross income for Puerto Rico tax purposes until the cumulative amount paid exceeds your tax basis. The amount of income on annuity distributions (payable over your lifetime) is calculated differently under the 2011 PR Code. Since the U.S. source income generated by a Puerto Rico bona fide resident is subject to U.S. income tax and the Internal Revenue Service issued guidance in 2004 which indicated that the income from an annuity contract issued by a U.S. life insurer would be considered U.S. source income, the timing of recognition of income from an annuity contract could vary between the two jurisdictions. Although the 2011 PR Code provides a credit against the Puerto Rico income tax for U.S. income taxes paid, an individual may not get full credit because of the timing differences. You should consult with a personal tax adviser regarding the tax consequences of purchasing an annuity contract and/or any proposed distribution, particularly a partial distribution or election to annuitize.

Special provisions related to damage from a Declared Disaster. Upon the occurrence of a “Declared Disaster”, like a hurricane, Retirement Plans are allowed to make Eligible Distributions to a participant resident of Puerto Rico who requests the same. The Eligible Distribution may not exceed $100,000, be made during a period of time to be identified by the Puerto Rico Treasury through administrative guidance and be used to cover damages or losses suffered, and extraordinary expenses incurred by the individual as a result of the Declared Disaster. The first $10,000 will be exempted from income taxation, including the alternative basic tax, and amounts exceeding $10,000 will be subject to a 10% income tax to be withheld at the source, in lieu of any other income tax, including the alternate basic tax.

Tax Benefits Related to the Assets of the Variable Account

We may be entitled to certain tax benefits related to the assets of the Variable Account. These tax benefits, which may include foreign tax credits and corporate dividends received deductions, are not passed back to the Variable Account or to contract Owners because we are the owner of the assets from which the tax benefits are derived.

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Possible Tax Law Changes

Although the likelihood of legislative changes is uncertain, there is always the possibility that the tax treatment of the contract could change by legislation or otherwise. We will notify you of any changes to your contract. Consult a tax adviser with respect to legislative developments and their effect on the contract.

We have the right to modify the contract in response to legislative changes that could otherwise diminish the favorable tax treatment that annuity contract owners currently receive. We make no guarantee regarding the tax status of the contract and do not intend the above discussion as tax advice.

The Company’s Tax Status

The Company is taxed as a life insurance company under the Code. The earnings of the Variable Account are taxed as part of our operations, and thus the Variable Account is not separately taxed as a “regulated investment company” under the Code. Under the existing federal income tax laws, investment income and capital gains of the Variable Account are not taxed to the extent they are applied under a contract. Therefore, we do not expect to incur federal income taxes on earnings of the Variable Account to the extent the earnings are credited under the contracts. Based on this, no charge is being made currently to the Variable Account for our federal income taxes. We will periodically review the need for a charge to the Variable Account for company federal income taxes. If the Company is taxed on investment income or capital gains of the Variable Account, then the company may impose a charge against the Variable Account in order to provide for such taxes.

Under current laws we may incur state and local taxes (in addition to premium taxes) in several states. At present, these taxes are not significant and are not charged against the contracts or the Variable Account. If the amount of these taxes changes substantially, we may make charges for such taxes against the Variable Account.

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Other Information

Brighthouse Life Insurance Company

Brighthouse Life Insurance Company (BLIC) is a stock life insurance company originally chartered in Connecticut in 1863 and currently subject to the laws of the State of Delaware. Prior to March 6, 2017, BLIC was known as MetLife Insurance Company USA. BLIC is licensed to conduct business in all states of the United States, except New York, and in the District of Columbia, Puerto Rico, Guam, the U.S. and British Virgin Islands and the Bahamas. BLIC is an indirect wholly-owned subsidiary of, and ultimately controlled by, Brighthouse Financial, Inc. (“BHF”), a publicly-traded company. BHF, through its subsidiaries and affiliates, is one of the largest providers of annuity and life insurance products in the U.S. BLIC’s executive offices are located at 11225 North Community House Road, Charlotte, NC 28277.

Requests and Elections

We will treat your request for a contract transaction, or your submission of a Purchase Payment, as received by us if we receive a request conforming to our administrative procedures or a payment at our Annuity Service Center before the close of regular trading on the New York Stock Exchange on that day. We will treat your submission of a Purchase Payment as received by us if we receive a payment at our Annuity Service Center (or a designee receives a payment in accordance with the designee’s administrative procedures) before the close of regular trading on the New York Stock Exchange on that day. If we receive the request, or if we (or our designee) receive the payment, after the close of trading on the New York Stock Exchange on that day, or if the New York Stock Exchange is not open that day, then the request or payment will be treated as received on the next day when the New York Stock Exchange is open. Our Annuity Service Center is located at P.O. Box 770001, Cincinnati, OH 45277-0050. If you send your Purchase Payments or transaction requests to an address other than the one we have designated for receipt of such Purchase Payments or requests, we may return the Purchase Payment to you, or there may be a delay in applying the Purchase Payment or transaction to your contract.

Requests for service may be made:

• Through your financial representative

• By telephone at (800) 634-9361, between the hours of 8:00AM and 8:00PM Eastern Time

• In writing to our Annuity Service Center.

A request or transaction may be rejected or delayed if not in Good Order. If you have any questions, you should contact us or your financial representative before submitting the form or request.

We will use reasonable procedures such as requiring certain identifying information, tape recording the telephone instructions, and providing written confirmation of the transaction, in order to confirm that instructions communicated by telephone, fax, Internet or other means are genuine. Any telephone, fax or Internet instructions reasonably believed by us to be genuine will be your responsibility, including losses arising from any errors in the communication of instructions. As a result of this policy, you will bear the risk of loss. If we do not employ reasonable procedures to confirm that instructions communicated by telephone, fax or Internet are genuine, we may be liable for any losses due to unauthorized or fraudulent transactions. All other requests and elections under your contract must be in writing signed by the proper party, must include any necessary documentation and must be received at our Annuity Service Center to be effective. If acceptable to us, requests or elections relating to beneficiaries and ownership will take effect as of the date signed unless we have already acted in reliance on the prior status. We are not responsible for the validity of any written request or action.

We are not a fiduciary and do not give advice or make recommendations regarding insurance or investment products. Ask your financial representative for guidance regarding any requests or elections and for information about your particular investment needs. Please bear in mind that your financial representative, or any financial firm or financial professional you consult to provide advice, is not acting on our behalf. We do not recommend and are not responsible for any securities transactions or investment strategies involving securities (including account recommendations).

Good Order. A request or transaction generally is considered in Good Order if it complies with our administrative procedures and the required information is complete and accurate. A request or transaction may be rejected or delayed if not in Good Order. Good Order generally means the actual receipt by us of the instructions relating to the requested transaction in writing (or, when permitted, by telephone or Internet as described above) along with all forms, information and supporting legal documentation necessary to effect the transaction. This information and documentation generally includes to the extent applicable to the transaction: your completed application; your contract number; the transaction

15

amount (in dollars or percentage terms); if we add additional Investment Options in the future, the names and allocations to and/or from the Investment Option affected by the requested transaction; the signatures of all contract Owners (exactly as indicated on the contract), if necessary; Social Security Number or Tax I.D.; and any other information or supporting documentation that we may require, including any spousal or Joint Owner’s consents. With respect to the Purchase Payment, Good Order also generally includes receipt by us of sufficient funds to effect the purchase. We may, in our sole discretion, determine whether any particular transaction request is in Good Order, and we reserve the right to change or waive any Good Order requirement at any time. If you have any questions, you should contact us or your financial representative before submitting the form or request.

Telephone and Computer Systems. Telephone and computer systems may not always be available. Any telephone or computer system, whether it is yours, your service provider’s, your agent’s, or ours, can experience outages or slowdowns for a variety of reasons. These outages or slowdowns may delay or prevent our processing of your request. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability under all circumstances. If you experience technical difficulties or problems, you should make your transaction request in writing to our Annuity Service Center.

Confirming Transactions. We will send out confirmations that a transaction was recently completed. Unless you inform us of any errors within 15 days of receipt, we will consider these communications to be accurate and complete.

Cybersecurity and Certain Business Continuity Risks.

Our variable annuity contract business is largely conducted through digital communications and data storage networks and systems operated by us and our service providers or other business partners (e.g., the Investment Options and the firms involved in the distribution and sale of our variable annuity contracts). For example, many routine operations, such as processing Owners’ requests and elections and day-to-day recordkeeping, are all executed through computer networks and systems.

We have established administrative and technical controls and a business continuity plan to protect our operations against cybersecurity breaches. Despite these protocols, a cybersecurity breach could have a material, negative impact on BLIC and the Variable Account, as well as individual Owners and their contracts. Our operations also could be negatively affected by a cybersecurity breach at a third party, such as a governmental or regulatory authority or another participant in the financial markets.

Cybersecurity breaches can be intentional or unintentional events, and can occur through unauthorized access to computer systems, networks or devices; infection from computer viruses or other malicious software code; or attacks that shut down, disable, slow or otherwise disrupt operations, business processes or website access or functionality. Other disruptive events, including (but not limited to) natural disasters and public health crises (such as COVID-19), may adversely affect our ability to conduct business, in particular if our employees or the employees of our service providers are unable or unwilling to perform their responsibilities as a result of any such event. Cybersecurity breaches and other disruptions to our business operations can interfere with our processing of contract transactions, including the processing of transfer orders from our website or with the Investment Options; impact our ability to calculate Accumulation Unit values; cause the release and possible destruction of confidential Owner or business information; or impede order processing or cause other operational issues.

Cybersecurity breaches may also impact the issuers of securities in which the Investment Options invest, and it is possible the funds underlying your contract could lose value. There can be no assurance that we or our service providers or the Investment Options will avoid losses affecting your contract due to cyber-attacks or information security breaches in the future.

Although we continually make efforts to identify and reduce our exposure to cybersecurity risk, there is no guarantee that we will be able to successfully manage and mitigate this risk at all times. Furthermore, we cannot control the cybersecurity plans and systems implemented by third parties, including service providers or issuers of securities in which the Investment Options invest.

Financial Statements

Our financial statements and the financial statements of the Variable Account have been included in the SAI.

16

Table of Contents of the Statement of Additional Information

Company

Services

Independent Registered Public Accounting Firm

Custodian

Distribution

Calculation of Performance Information

Total Return

Historical Unit Values

Reporting Agencies

Annuity Provisions

Fixed Annuity

Mortality and Expense Guarantee

Legal or Regulatory Restrictions on Transactions

Tax Status of the Contracts

Financial Statements

17

APPENDIX A

Accumulation Unit Values

2.05% Separate Account Product Charges

	Accumulation Unit Value at Beginning of Period	Accumulation Unit Value at End of Period	Number of Accumulation Units Outstanding at End of Period
Fidelity
Fidelity VIP Funds Manager 50% Fund Investor Sub-Account
08/22/2012 to 12/31/2012	11.124856	11.306894	22,149,822.4330
01/01/2013 to 12/31/2013	11.306894	12.727803	87,080,669.0050
01/01/2014 to 12/31/2014	12.727803	13.105051	148,388,716.9834
01/01/2015 to 12/31/2015	13.105051	12.856961	180,720,520.1935
01/01/2016 to 12/31/2016	12.856961	13.127790	179,875,149.6555
01/01/2017 to 12/31/2017	13.127790	14.721982	168,521,440.6653
01/01/2018 to 12/31/2018	14.721982	13.671211	146,007,736.3602
01/01/2019 to 12/31/2019	13.671211	15.790092	121,398,750.1627
Fidelity VIP Funds Manager 60% Fund Investor Sub-Account
01/01/2010 to 12/31/2010	8.872894	9.876860	59,032,173.5377
01/01/2011 to 12/31/2011	9.876860	9.480974	137,842,011.2791
01/01/2012 to 12/31/2012	9.480974	10.365262	178,181,696.5319
01/01/2013 to 12/31/2013	10.365262	12.045468	172,564,523.3884
01/01/2014 to 12/31/2014	12.045468	12.438851	166,302,049.8198
01/01/2015 to 12/31/2015	12.438851	12.236507	156,679,357.4095
01/01/2016 to 12/31/2016	12.236507	12.562276	135,074,076.2082
01/01/2017 to 12/31/2017	12.562276	14.399012	105,304,326.7354
01/01/2018 to 12/31/2018	14.399012	13.196941	89,740,556.2734
01/01/2019 to 12/31/2019	13.196941	15.578109	77,404,837.2461

1.90% Separate Account Product Charges

	Accumulation Unit Value at Beginning of Period	Accumulation Unit Value at End of Period	Number of Accumulation Units Outstanding at End of Period
Fidelity
Fidelity VIP Funds Manager 50% Fund Investor Sub-Account
08/22/2012 to 12/31/2012	11.231566	11.421494	16,931,005.8007
01/01/2013 to 12/31/2013	11.421494	12.876095	71,873,361.1546
01/01/2014 to 12/31/2014	12.876095	13.277637	120,037,694.6375
01/01/2015 to 12/31/2015	13.277637	13.045836	159,682,070.3686
01/01/2016 to 12/31/2016	13.045836	13.340635	159,687,309.8494
01/01/2017 to 12/31/2017	13.340635	14.983056	148,363,379.7074
01/01/2018 to 12/31/2018	14.983056	13.934659	129,164,295.4457
01/01/2019 to 12/31/2019	13.934659	16.118523	106,986,316.6361
Fidelity VIP Funds Manager 60% Fund Investor Sub-Account
01/01/2010 to 12/31/2010	8.904407	9.926803	59,792,277.2399
01/01/2011 to 12/31/2011	9.926803	9.543188	134,622,179.9628
01/01/2012 to 12/31/2012	9.543188	10.449018	167,454,304.0728
01/01/2013 to 12/31/2013	10.449018	12.161018	160,587,163.0855
01/01/2014 to 12/31/2014	12.161018	12.577023	153,122,969.0660

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	Accumulation Unit Value at Beginning of Period	Accumulation Unit Value at End of Period	Number of Accumulation Units Outstanding at End of Period
01/01/2015 to 12/31/2015	12.577023	12.391006	142,966,709.3182
01/01/2016 to 12/31/2016	12.391006	12.739979	115,915,631.6503
01/01/2017 to 12/31/2017	12.739979	14.624542	86,497,299.2279
01/01/2018 to 12/31/2018	14.624542	13.423883	71,695,890.3508
01/01/2019 to 12/31/2019	13.423883	15.869776	60,029,213.6072

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Statement Of Additional Information

Individual Variable Deferred Annuity Contract

Issued By

BRIGHTHOUSE Separate Account A

And

BRIGHTHOUSE Life Insurance Company

BRIGHTHOUSE Growth And Income Variable Annuity

This Is Not A Prospectus. This Statement Of Additional Information Should Be Read In Conjunction With The Prospectus Dated May 1, 2017, (As Supplemented), For The Individual Variable Deferred Annuity Contract That Is Described Herein.

The Prospectus Concisely Sets Forth Information That A Prospective Investor Ought To Know Before Investing. For A Copy Of The Prospectus Write Us At: Annuity Service Center, P.O. Box 770001, Cincinnati, OH 45277-0050, Or Call (800) 544-2442.

This Statement Of Additional Information Is Dated May 1, 2020.

SAI-0520BLICBGI

TABLE OF CONTENTS

	Page
Company	3
SERVICES	3
Independent Registered Public Accounting Firm	4
Custodian	4
Distribution	4
Underwriting Commissions	4
Calculation Of Performance Information	7
Total Return	7
Historical Unit Values	8
Reporting Agencies	8
Annuity Provisions	8
Fixed Annuity	8
Mortality And Expense Guarantee	9
Legal Or Regulatory Restrictions On Transactions	9
Tax Status Of The Contracts	9
Financial Statements	10

2

Company

Brighthouse Life Insurance Company History

Brighthouse Life Insurance Company (“BLIC” or the “Company”) is a Delaware corporation originally incorporated in Connecticut in 1863. Prior to March 6, 2017, BLIC was known as MetLife Insurance Company USA. BLIC is licensed to conduct business in all U.S. states (except New York), the District of Columbia, Puerto Rico, Guam, the U.S. Virgin Islands, the British Virgin Islands and the Bahamas. BLIC is an indirect, wholly-owned subsidiary of, and ultimately controlled by, Brighthouse Financial, Inc. (“BHF”), a publicly-traded company. Prior to August 4, 2017, the Company was an indirect wholly-owned subsidiary of MetLife, Inc. On that date, MetLife, Inc. distributed approximately 80.8% of BHF’s common stock to holders of MetLife Inc.’s common stock, and BHF became a separate, publicly-traded company. BHF, through its subsidiaries and affiliates, is one of the largest providers of annuity and life insurance products in the United States. BLIC’s executive offices are located at 11225 North Community House Road, Charlotte, NC 28277.

MetLife Insurance Company USA: From the close of business on November 14, 2014 to March 6, 2017, BLIC was called, MetLife Insurance Company USA (MetLife USA). MetLife USA was established following the close of business on November 14, 2014, when MetLife Investors USA Insurance Company, a wholly-owned subsidiary of MetLife Insurance Company of Connecticut, MetLife Investors Insurance Company and Exeter Reassurance Company, Ltd. were merged into MetLife Insurance Company of Connecticut, and MetLife Insurance Company of Connecticut was then renamed MetLife Insurance Company USA. Simultaneously, MetLife Insurance Company USA changed its domicile from Connecticut to the state of Delaware. As a result of this merger, MetLife USA assumed legal ownership of all of the assets of these predecessor companies, including assets held in the separate accounts, and became responsible for administering the contracts and paying any benefits due under all contracts issued by each of its corporate predecessors. These predecessor companies that issued contracts on and prior to November 14, 2014 were the following:

• MetLife Insurance Company of Connecticut: MetLife Insurance Company of Connecticut (MICC), originally chartered in Connecticut in 1863, was known as Travelers Insurance Company prior to May 1, 2006 . MICC changed its name to MetLife Insurance Company USA and its state of domicile to Delaware after November 14, 2014 as described under “MetLife Insurance Company USA” above.

• MetLife Life and Annuity Company of Connecticut: MetLife Life and Annuity Company of Connecticut (MLAC), originally chartered in Connecticut in 1973, was known as Travelers Life and Annuity Company prior to May 1, 2006. On or about December 7, 2007, MLAC merged with and into MICC.

• MetLife Investors USA Insurance Company: MetLife Investors USA Insurance Company (MLI USA), originally chartered in Delaware in 1960, was known as Security First Life Insurance Company prior to January 8, 2001. MLI USA was merged into BLIC after the close of business on November 14, 2014, as described under “MetLife Insurance Company USA” above.

• MetLife Investors Insurance Company: MetLife Investors Insurance Company (MLI), originally chartered in Missouri in 1981, was known as Cova Financial Services Life Insurance Company prior to February 12, 2001. MLI was merged into BLIC after the close of business on November 14, 2014, as described under “MetLife Insurance Company USA” above.

• MetLife Investors Insurance Company of California: MetLife Investors Insurance Company of California (MLI-CA), originally chartered in California in 1972, was known as Cova Financial Life Insurance Company prior to February 12, 2001. On November 9, 2006 MLI-CA merged with and into MLI.

SERVICES

BLIC maintains certain books and records of the Brighthouse Separate Account A (the “Separate Account”) and provides certain issuance and other administrative services for the Contracts as well as other contracts and policies issued by BLIC.

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Fidelity Investment Life Insurance (“Fidelity”), which has its principal office at 900 Salem Street, Smithfield, RI 02917, provides recordkeeping services to BLIC in connection with our administration of the Brighthouse Growth and Income Variable Annuity Contracts. Fidelity is not affiliated with BLIC, the Separate Account or any of BLIC’s affiliates, including the Contract’s principal underwriter, Brighthouse Securities, LLC.

Independent Registered Public Accounting Firm

The financial statements comprising each of the Sub-Accounts of Brighthouse Separate Account A included in this Statement of Additional Information have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report appearing herein. Such financial statements are included in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.

The consolidated financial statements and related financial statement schedules of Brighthouse Life Insurance Company and subsidiaries included in this Statement of Additional Information have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report appearing herein. Such consolidated financial statements and financial statement schedules are included in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.

The principal business address of Deloitte & Touche LLP is 550 South Tryon Street, Suite 2500, Charlotte, North Carolina 28202-4200.

Custodian

Brighthouse Life Insurance Company, 11225 North Community House Road, Charlotte, NC 28277, is the custodian of the assets of the Separate Account. The custodian has custody of all cash of the Separate Account and handles the collection of proceeds of shares of the underlying funds bought and sold by the Separate Account.

Distribution

Information about the distribution of the contracts is contained in the prospectus. (See “Other Information.”) Additional information is provided below.

Currently the contract is not available for new sales.

Brighthouse Securities, LLC (Distributor) serves as principal underwriter for the contracts. Distributor and the Company are affiliates because they are both under common control of Brighthouse Financial, Inc. Distributor’s home office is located at 11225 North Community House Road, Charlotte, NC 28277. Distributor is registered as a broker-dealer with the Securities and Exchange Commission under the Securities Exchange Act of 1934 and is a member of the Financial Industry Regulatory Authority (FINRA). Distributor has entered into selling agreements with other broker-dealers (“selling firms”) and compensates them for their services.

The following table shows the amount of commissions paid to and the amount of commissions retained by the Distributor and principal underwriter. MetLife Investors Distribution Company was the recipient of these commissions prior to March 6, 2017. Distributor was the recipient of these commissions thereafter.

Underwriting Commissions

Year	Underwriting Commissions Paid to the Distributor by the Company	Amount of Underwriting Commissions Retained by the Distributor
2019	$649,095,230	$0
2018	$604,739,251	$0
2017	$568,161,672	$0

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Distributor passes through commissions to selling firms for their sales. In addition we pay compensation to Distributor to offset its expenses, including compensation costs, marketing and distribution expenses, advertising, wholesaling, printing, and other expenses of distributing the contracts.

As noted in the prospectus, we and Distributor pay compensation to all selling firms in the form of commissions and certain types of non-cash compensation. We and Distributor may pay additional compensation to selected firms, including marketing allowances, introduction fees, persistency payments, preferred status fees and industry conference fees. The terms of any particular agreement governing compensation may vary among selling firms and the amounts may be significant. The amount of additional compensation (non-commission amounts) paid to selected selling firms during 2019 ranged from $200 to $12,617,284.* The amount of commissions paid to selected selling firms during 2019 ranged from $4,572 to $54,405,617. The amount of total compensation (includes non-commission as well as commission amounts) paid to selected selling firms during 2019 ranged from $1,000 to $60,643,801.*

* For purposes of calculating this range, the additional compensation (non-commission) amounts received by a selling firm includes additional compensation received by the firm for the sale of insurance products issued by our affiliate Brighthouse Life Insurance Company of NY.

The following list sets forth the names of selling firms that received additional compensation in 2019 in connection with the sale of our variable annuity contracts, variable life policies and other insurance products (including the contracts offered by the prospectus). The selling firms are listed in alphabetical order.    

Advisor Group, Inc.
American Portfolios Financial Services, Inc
Ameritas Investment Corp
Ameriprise Financial Services, Inc.
Arvest Investments Inc
AXA Network LLC
BB&T Investment Division of BB&T Securities, LLC
Beaconsfield Financial Services, Inc.
Benjamin R. Edwards & Co.
Berthel Fisher Company
BOK Financial Advisors
Cadaret Grant & Co., Inc
Calton & Associates Inc.
Cambridge Investment Research, Inc.
Capital Investments Group, Inc.
Centaurus Financial, Inc.
Cetera Advisor Networks LLC
Cetera Advisors LLC
Cetera Financial Specialists LLC
Cetera Investment Services LLC
CFD Investment, Inc.
Citigroup Global Markets, Inc.
Commonwealth Financial Network
Community America Financial Solutions, LLC
CUNA Brokerage Services
CUSO Financial Services, L.P.
Edward D. Jones & Co., L.P.
Equity Services, Inc.
First Citizens Investment Services, Inc.
First Command Financial Planning, Inc.
Founders Financial Securities, LLC

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FTB Advisors, Inc.
Girard Securities, Inc.
GWN Securities Corporation
Hazard & Siegel, Inc.
H. Beck, Inc.
H. D. Vest Investment Services, Inc.
J.J.B Hilliard, W.L. Lyons, LLC
Independent Financial Group
Infinex Investments, Inc.
Infinity Financial Services
Investacorp, Inc.
Janney Montgomery Scott, LLC
J.W. Cole Financial, Inc.
Kestra Investment Services, LLC
Key Investment Services LLC
KMS Financial Services, Inc.
Kovack Securities, Inc.
Ladenburg Thalmann Financial Services, Inc.
Lincoln Investment Planning Inc.
LPL Financial Corp. Affiliates
Lion Street Financial, LLC
Lucia Securities, LLC
Merrill Lynch, Inc.
MML Investors Services, LLC
Morgan Stanley Smith Barney, LLC
Money Concepts Capital Corp
Navy Federal Brokerage Services, LLC
NEXT Financial Group, Inc.
Park Avenue Securities LLC
Parkland Securities, LLC
PFS Investments Inc.
ProEquities, Inc.
Purshe Kaplan Sterling Investments, Inc.
Questar Capital Corporation
Raymond James & Associates, Inc.
RBC Wealth Management
Royal Alliance Associates, Inc.
SagePoint Financial, Inc.
Securities America, Inc.
Securities Service Network
Sigma Financial Corporation
Signator Investors, Inc.
Simplicity Financial Services
Stifel, Nicolaus & Company, Incorporated
Summit Brokerage Services, Inc.
SWBC Investment Services, LLC
Synovus Securities, Inc.
TFS Securities, Inc.
The Investment Center, Inc.
The Leader’s Group, Inc.
Transamerica financial Advisors, Inc.
Triad Advisors, Inc.

6

U.S. Bancorp Investments, Inc.
UBS Financial Services, Inc.
United Planners Financial Services
ValMark Securities, Inc.
Voya Financial Advisors, Inc.
Wells Fargo Advisors, LLC
Woodbury Financial Services, Inc.

There are other broker dealers who receive compensation for servicing our contracts, and the Account Value of the contracts or the amount of added Purchase Payments received may be included in determining their additional compensation, if any.

Reduction Or Elimination Of The Withdrawal Charge. We may reduce or eliminate the withdrawal charge under the Contract when certain sales or administration of the Contract result in savings or reduced expenses and/or risks. We will not reduce or eliminate the withdrawal charge where such reduction or elimination would be unfairly discriminatory to any person.

Calculation Of Performance Information

Total Return

From time to time, the Company may advertise performance data. Such data will show the percentage change in the value of an Accumulation Unit based on the performance of an investment portfolio over a period of time, usually a calendar year, determined by dividing the increase (decrease) in value for that unit by the Accumulation Unit value at the beginning of the period.

Any such advertisement will include total return figures for the time periods indicated in the advertisement. Such total return figures will reflect the deduction of the Separate Account product charges, the expenses for the underlying investment portfolio being advertised and any applicable account fee, withdrawal charge, and/or LWG rider charge. For purposes of calculating performance information, the LWG rider charge is currently reflected as a percentage of account value. Premium taxes are not reflected. The deduction of such charges would reduce any percentage increase or make greater any percentage decrease.

The hypothetical value of a contract purchased for the time periods described in the advertisement will be determined by using the actual Accumulation Unit values for an initial $1,000 Purchase Payment, and deducting any applicable account fee and any applicable sales charge to arrive at the ending hypothetical value. The average annual total return is then determined by computing the fixed interest rate that a $1,000 Purchase Payment would have to earn annually, compounded annually, to grow to the hypothetical value at the end of the time periods described. The formula used in these calculations is:

P (1 + T)n = ERV

Where:

P = a hypothetical initial payment of $1,000

T = average annual total return

n = number of years

ERV  =  ending redeemable value at the end of the time periods used (or fractional portion thereof) of a hypothetical $1,000 payment made at the beginning of the 1, 5 or 10 year periods used.

The Company may also advertise performance data which will be calculated in the same manner as described above but which will not reflect the deduction of a withdrawal charge, or LWG rider charge. Premium taxes are not reflected. The deduction of such charges would reduce any percentage increase or make greater any percentage decrease.

7

Owners should note that the investment results of each investment portfolio will fluctuate over time, and any presentation of the investment portfolio’s total return for any period should not be considered as a representation of what an investment may earn or what the total return may be in any future period.

Historical Unit Values

The Company may also show historical Accumulation Unit values in certain advertisements containing illustrations. These illustrations will be based on actual Accumulation Unit values.

In addition, the Company may distribute sales literature which compares the percentage change in Accumulation Unit values for any of the investment portfolios against established market indices such as the Standard & Poor’s 500 Composite Stock Price Index, the Dow Jones Industrial Average or other management investment companies which have investment objectives similar to the investment portfolio being compared. The Standard & Poor’s 500 Composite Stock Price Index is an unmanaged, unweighted average of 500 stocks, the majority of which are listed on the New York Stock Exchange. The Dow Jones Industrial Average is an unmanaged, weighted average of thirty blue chip industrial corporations listed on the New York Stock Exchange. Both the Standard & Poor’s 500 Composite Stock Price Index and the Dow Jones Industrial Average assume quarterly reinvestment of dividends.

Reporting Agencies

The Company may also distribute sales literature which compares the performance of the Accumulation Unit values of the Contracts with the unit values of variable annuities issued by other insurance companies. Such information will be derived from the Lipper Variable Insurance Products Performance Analysis Service, the VARDS Report or from Morningstar.

The Lipper Variable Insurance Products Performance Analysis Service is published by Lipper Analytical Services, Inc., a publisher of statistical data which currently tracks the performance of thousands of investment companies. The rankings compiled by Lipper may or may not reflect the deduction of asset-based insurance charges. The Company’s sales literature utilizing these rankings will indicate whether or not such charges have been deducted. Where the charges have not been deducted, the sales literature will indicate that if the charges had been deducted, the ranking might have been lower.

The VARDS Report is a monthly variable annuity industry analysis compiled by Variable Annuity Research & Data Service. The VARDS rankings may or may not reflect the deduction of asset-based insurance charges. In addition, VARDS prepares risk adjusted rankings, which consider the effects of market risk on total return performance. This type of ranking may address the question as to which funds provide the highest total return with the least amount of risk. Other ranking services may be used as sources of performance comparison, such as CDA/Weisenberger.

Morningstar rates a variable annuity against its peers with similar investment objectives. Morningstar does not rate any variable annuity that has less than three years of performance data.

Annuity Provisions

Fixed Annuity

A fixed annuity is a series of payments made during the annuity phase which are guaranteed as to dollar amount by the Company and do not vary with the investment experience of the Separate Account. The Adjusted Contract Value is determined on the annuity calculation date, which is a Business Day no more than five (5) Business Days before the Annuity Date. This value will be used to determine the fixed annuity monthly payment. The monthly annuity payment will be based upon the Annuity Option elected, the Annuitant’s age, the Annuitant’s sex (where permitted by law), and the appropriate Annuity Option table. Your annuity rates will not be less than those guaranteed in your contract at the time of purchase. If, as of the annuity calculation date, the then current Annuity Option rates applicable to this class of contracts provide an annuity payment greater than that which is guaranteed under the same Annuity Option under this contract, the greater payment will be made.

8

Mortality And Expense Guarantee

The Company guarantees that the dollar amount of each annuity payment after the first annuity payment will not be affected by variations in mortality or expense experience.

Legal Or Regulatory Restrictions On Transactions

If mandated under applicable law, the Company may be required to reject a premium payment. The Company may also be required to block a contract Owner’s account and thereby refuse to pay any request for transfers, withdrawals, surrenders, death benefits or continue making Annuity Payments until instructions are received from the appropriate regulator.

Tax Status Of The Contracts

Tax law imposes several requirements that variable annuities must satisfy in order to receive the tax treatment normally accorded to annuity contracts.

DIVERSIFICATION. In order for your Non-Qualified Contract to be considered an annuity contract for federal income tax purposes, we must comply with certain diversification standards with respect to the investments underlying the contract. We believe that we satisfy and will continue to satisfy these diversification standards. However, the tax law concerning these rules is subject to change and to different interpretations. Inadvertent failure to meet these standards may be correctable. Failure to meet these standards would result in immediate taxation to contract Owners of gains under their contracts. Consult your tax adviser prior to purchase.

If underlying fund shares are sold directly to tax-qualified retirement plans that later lose their tax-qualified status or to non-qualified plans, the Separate Accounts investing in the underlying fund may fail the diversification requirements of Section 817, which could have adverse tax consequences for variable contract Owners, including losing the benefit of tax deferral.

REQUIRED DISTRIBUTIONS. In order to be treated as an annuity contract for federal income tax purposes, Section 72(s) of the Code generally requires any Non-Qualified Contract to contain certain provisions specifying how your interest in the contract will be distributed in the event of the death of an Owner of the contract (or on the death of, or change in, any primary Annuitant where the contract is owned by a non-natural person). Specifically, Section 72(s) requires that: (a) if any Owner dies on or after the annuity starting date, but prior to the time the entire interest in the contract has been distributed, the entire interest in the contract will be distributed at least as rapidly as under the method of distribution being used as of the date of such Owner’s death; and (b) if any Owner dies prior to the annuity starting date, the entire interest in the contract will be distributed within five years after the date of such Owner’s death. These requirements will be considered satisfied as to any portion of an Owner’s interest which is payable to or for the benefit of a designated Beneficiary and which is distributed over the life of such designated Beneficiary or over a period not extending beyond the life expectancy of that Beneficiary, provided that such distributions begin within one year of the Owner’s death. The designated Beneficiary refers to a natural person designated by the Owner as a Beneficiary and to whom ownership of the contract passes by reason of death. However, if the designated Beneficiary is the surviving spouse of the deceased Owner, the contract may be continued with the surviving spouse as the new Owner.

The Non-Qualified Contracts contain provisions that are intended to comply with these Code requirements, although no regulations interpreting these requirements have yet been issued. We intend to review such provisions and modify them if necessary to assure that they comply with the applicable requirements when such requirements are clarified by regulation or otherwise.

Other rules may apply to Qualified Contracts.

MANDATORY DISTRIBUTIONS FOR QUALIFIED PLANS. Federal tax law requires that annual Required Minimum Distributions (“RMD”)begin by April 1st of the calendar year following the calendar year in which an IRA Owner attains age 72 (age 70 ½, if you were born on or before June 30, 1949). If you own more than one individual retirement annuity and/ or account, you may satisfy the minimum distribution rules on an aggregate

9

basis (i.e., determine the total amount of required distributions from all IRAs and take the required amount from any one or more IRAs). Recently promulgated Treasury regulations changed the distribution requirements; therefore, it is important that you consult your tax adviser as to the impact of these regulations on your personal situation.

The regulations also require that beginning for the 2006 distribution year, the value of all benefits under a deferred annuity including death benefits in excess of cash value must be added to the Account Value in computing the amount required to be distributed over the applicable period. The new rules are not entirely clear and you should consult your own tax advisors as to how these rules affect your own contract. We will provide you with additional information regarding the amount that is subject to minimum distribution under this new rule.

If you intend to receive your minimum distributions in the form of annuity payments under an Annuity Income Option payable over the joint lives of you and a Beneficiary, or over a guaranteed duration of more than 10 years, be advised that the federal tax law may require that after your death, any remaining payments be made over a shorter period or be reduced to satisfy the RMD rules and avoid the 50% excise tax. Other complex rules also apply to RMDs taken in the form of Annuity Payments. Consult your tax advisor.

MINIMUM DISTRIBUTIONS FOR BENEFICIARIES UPON THE CONTRACT OWNER’S DEATH. Upon the death of the contract Owner and/or Annuitant of a Qualified Contract, the funds remaining in the contract must be completely withdrawn within 5 years from the date of death (including in a single lump sum) or, in certain limited circumstances, minimum distributions may be taken over the life or life expectancy of the individual beneficiaries (and in certain situations, trusts for individuals), provided such distributions are payable at least annually and begin within one year from the date of death. Different tax Rules may apply if your Beneficiary is not a natural person, such as your estate.

Congress recently changed the RMD rules for individuals who die after 2019. The after-death RMD rules are complex, and you should consult your tax advisor about how they may apply to your situation. Effective January 1, 2020, when an IRA owner or participant in a defined contribution plan dies, any remaining interest generally must be distributed within 10 years (or in some cases five years) after his or her death, unless an exception applies. An exception permits an “eligible designated beneficiary” to take distributions over life or a period not exceeding life expectancy, subject to special rules and limitations. An “eligible designated beneficiary” includes: the IRA owner/participant’s spouse or minor child (until the child reaches age of majority), certain disabled or chronically ill individuals, and an individual who is not more than 10 years younger than the IRA owner/participant. Generally, distributions under this exception must start by the end of the year following your death. We may limit any payment option over life, or period not exceeding life expectancy, to certain categories of eligible designed beneficiary. Any annuity payment or withdrawal option made available under the contract must comply with applicable federal income tax rules.

Special rules apply in the case of an IRA where the Beneficiary is the surviving spouse which allow the spouse to assume the contract as Owner. Alternative rules permit a spousal Beneficiary under a Qualified Contract, including an IRA, to defer the minimum distribution requirements until the end of the year in which the deceased spouse would have attained age 72 (age 70 ½, if you were born on or before June 30, 1949), or to rollover the death proceeds to his or her own IRA or to another eligible retirement plan in which he or she participates.

If you die after annuity payments have already begun in accordance with an Annuity Income Option under a Qualified Contract, any remaining payments under the contract also must be made in accordance with the RMD rules. In some cases, those rules may require that the remaining payments be made over a shorter period than originally elected or otherwise adjusted to comply with the tax law.

Financial Statements

The financial statements comprising each of the Sub-Accounts of the Separate Account and the consolidated financial statements of the Company are included herein.

The consolidated financial statements of the Company should be considered only as bearing upon the ability of the Company to meet its obligations under the Contract.

10

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


To the Contract Owners of
Brighthouse Separate Account A
and Board of Directors of
Brighthouse Life Insurance Company

OPINION ON THE FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS

We have audited the accompanying statements of assets and liabilities of
Brighthouse Separate Account A (the "Separate Account") of Brighthouse Life
Insurance Company (the "Company") comprising each of the individual
Sub-Accounts listed in Note 2.A as of December 31, 2019, the related statements
of operations for the year then ended, the statements of changes in net assets
for each of the two years in the period then ended, and the financial
highlights in Note 8 for each of the five years in the period then ended for
the Sub-Accounts, except for the Sub-Accounts included in the table below; the
related statements of operations, changes in net assets, and the financial
highlights for the Sub-Accounts and periods indicated in the table below; and
the related notes. In our opinion, the financial statements and financial
highlights present fairly, in all material respects, the financial position of
each of the Sub-Accounts constituting the Separate Account of the Company as of
December 31, 2019, and the results of their operations for the year then ended
(or for the periods listed in the table below), the changes in their net assets
for each of the two years in the period then ended (or for the periods listed
in the table below), and the financial highlights for each of the five years in
the period then ended (or for the periods listed in the table below), in
conformity with accounting principles generally accepted in the United States
of America.



------------------------------------------------------------------------------------------------------------------------------------

   INDIVIDUAL SUB-ACCOUNTS                                                                              STATEMENTS OF
   COMPRISING THE SEPARATE      STATEMENT OF                                                             CHANGES IN
           ACCOUNT               OPERATIONS                                                              NET ASSETS
------------------------------------------------------------------------------------------------------------------------------------

  BHFTI AB International     For the period from April 29, 2019 (commencement of operations) through
  Bond Sub-Account           December 31, 2019

------------------------------------------------------------------------------------------------------------------------------------
  BHFTI Brighthouse/Artisan  For the year ended                                                       For the years ended
  International Sub-Account  December 31, 2019                                                        December 31, 2019
                                                                                                      and 2018


------------------------------------------------------------------------------------------------------------------------------------
  BHFTI SSGA Emerging        For the period from April 29, 2019 (commencement of operations) through
  Markets Enhanced Index     December 31, 2019
  Sub-Account

------------------------------------------------------------------------------------------------------------------------------------
  BHFTI TCW Core Fixed       For the year ended                                                       For the years ended
  Income Sub-Account         December 31, 2019                                                        December 31, 2019
                                                                                                      and 2018



------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------

   INDIVIDUAL SUB-ACCOUNTS
   COMPRISING THE SEPARATE
           ACCOUNT                FINANCIAL HIGHLIGHTS
------------------------------------------------------------------------------------------------------------------------------------

  BHFTI AB International
  Bond Sub-Account

------------------------------------------------------------------------------------------------------------------------------------
  BHFTI Brighthouse/Artisan  For the years ended December 31,
  International Sub-Account  2019, 2018, 2017, 2016 and 2015
                             (commenced November 19, 2014
                             and began transactions in 2015)

------------------------------------------------------------------------------------------------------------------------------------
  BHFTI SSGA Emerging
  Markets Enhanced Index
  Sub-Account

------------------------------------------------------------------------------------------------------------------------------------
  BHFTI TCW Core Fixed       For the years ended December 31,
  Income Sub-Account         2019, 2018, 2017, 2016, and the
                             period from May 1, 2015
                             (commencement of operations)
                             through December 31, 2015

------------------------------------------------------------------------------------------------------------------------------------



BASIS FOR OPINION

These financial statements and financial highlights are the responsibility of
the Separate Account's management. Our responsibility is to express an opinion
on the Separate Account's financial statements and financial highlights based
on our audits. We are a public accounting firm registered with the Public
Company Accounting Oversight Board (United States) (PCAOB) and are required to
be independent





with respect to the Separate Account in accordance with the U.S. federal
securities laws and the applicable rules and regulations of the Securities and
Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those
standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements and financial highlights are
free of material misstatement, whether due to error or fraud. The Separate
Account is not required to have, nor were we engaged to perform, an audit of
its internal control over financial reporting. As part of our audits we are
required to obtain an understanding of internal control over financial
reporting but not for the purpose of expressing an opinion on the effectiveness
of the Separate Account's internal control over financial reporting.
Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material
misstatement of the financial statements and financial highlights, whether due
to error or fraud, and performing procedures that respond to those risks. Such
procedures included examining, on a test basis, evidence regarding the amounts
and disclosures in the financial statements and financial highlights. Our
audits also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of
the financial statements and financial highlights. Our procedures included
confirmation of investments owned as of December 31, 2019, by correspondence
with the custodian or mutual fund companies. We believe that our audits provide
a reasonable basis for our opinion.



/s/ DELOITTE & TOUCHE LLP

Tampa, Florida
March 26, 2020



We have served as the Separate Account's auditor since 1998.




                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                    STATEMENTS OF ASSETS AND LIABILITIES
                              DECEMBER 31, 2019




                                                                                                                 AMERICAN FUNDS(R)
                                               ALGER SMALL CAP      AMERICAN FUNDS(R)      AMERICAN FUNDS(R)       GLOBAL SMALL
                                                   GROWTH                 BOND               GLOBAL GROWTH        CAPITALIZATION
                                                 SUB-ACCOUNT           SUB-ACCOUNT            SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------   -------------------   -------------------   -------------------

ASSETS:
   Investments at fair value..............   $        57,974,899   $       125,217,669   $       300,888,727   $       105,538,956
   Accrued dividends......................                    --                    --                    --                    --
   Due from Brighthouse Life Insurance
     Company..............................                    --                    --                    --                    --
                                             -------------------   -------------------   -------------------   -------------------
       Total Assets.......................            57,974,899           125,217,669           300,888,727           105,538,956
                                             -------------------   -------------------   -------------------   -------------------
LIABILITIES:
   Accrued fees...........................                    --                    36                   140                   110
   Due to Brighthouse Life Insurance
     Company..............................                    --                     1                    --                    --
                                             -------------------   -------------------   -------------------   -------------------
       Total Liabilities..................                    --                    37                   140                   110
                                             -------------------   -------------------   -------------------   -------------------

NET ASSETS................................   $        57,974,899   $       125,217,632   $       300,888,587   $       105,538,846
                                             ===================   ===================   ===================   ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....   $        57,974,899   $       125,217,335   $       300,694,030   $       105,529,256
   Net assets from contracts in payout....                    --                   297               194,557                 9,590
                                             -------------------   -------------------   -------------------   -------------------
       Total Net Assets...................   $        57,974,899   $       125,217,632   $       300,888,587   $       105,538,846
                                             ===================   ===================   ===================   ===================



 The accompanying notes are an integral part of these financial statements.


                                      1



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019






                                            AMERICAN FUNDS(R)    AMERICAN FUNDS(R)     BHFTI AB GLOBAL         BHFTI AB
                                                 GROWTH            GROWTH-INCOME     DYNAMIC ALLOCATION   INTERNATIONAL BOND
                                               SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  --------------------  -------------------  -------------------

ASSETS:
   Investments at fair value............  $       697,847,798  $        392,699,033  $     2,854,590,380  $         1,548,866
   Accrued dividends....................                   --                    --                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                    2                     3                   --                   --
                                          -------------------  --------------------  -------------------  -------------------
       Total Assets.....................          697,847,800           392,699,036        2,854,590,380            1,548,866
                                          -------------------  --------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                  116                   115                  140                   52
   Due to Brighthouse Life Insurance
     Company............................                   --                    --                   --                   --
                                          -------------------  --------------------  -------------------  -------------------
       Total Liabilities................                  116                   115                  140                   52
                                          -------------------  --------------------  -------------------  -------------------

NET ASSETS..............................  $       697,847,684  $        392,698,921  $     2,854,590,240  $         1,548,814
                                          ===================  ====================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       697,556,438  $        392,516,565  $     2,853,998,635  $         1,548,814
   Net assets from contracts in payout..              291,246               182,356              591,605                   --
                                          -------------------  --------------------  -------------------  -------------------
       Total Net Assets.................  $       697,847,684  $        392,698,921  $     2,854,590,240  $         1,548,814
                                          ===================  ====================  ===================  ===================



                                                 BHFTI
                                           AMERICAN FUNDS(R)           BHFTI               BHFTI                 BHFTI
                                               BALANCED          AMERICAN FUNDS(R)   AMERICAN FUNDS(R)     AMERICAN FUNDS(R)
                                              ALLOCATION         GROWTH ALLOCATION        GROWTH          MODERATE ALLOCATION
                                              SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  -------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $     3,247,960,214  $     1,920,984,896  $       896,578,553  $     1,496,155,618
   Accrued dividends....................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                   --                    1                   --                    1
                                          -------------------  -------------------  -------------------  --------------------
       Total Assets.....................        3,247,960,214        1,920,984,897          896,578,553        1,496,155,619
                                          -------------------  -------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  110                  146                   91                  157
   Due to Brighthouse Life Insurance
     Company............................                   --                   --                   --                   --
                                          -------------------  -------------------  -------------------  --------------------
       Total Liabilities................                  110                  146                   91                  157
                                          -------------------  -------------------  -------------------  --------------------

NET ASSETS..............................  $     3,247,960,104  $     1,920,984,751  $       896,578,462  $     1,496,155,462
                                          ===================  ===================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $     3,247,121,004  $     1,920,206,705  $       896,565,270  $     1,494,580,756
   Net assets from contracts in payout..              839,100              778,046               13,192            1,574,706
                                          -------------------  -------------------  -------------------  --------------------
       Total Net Assets.................  $     3,247,960,104  $     1,920,984,751  $       896,578,462  $     1,496,155,462
                                          ===================  ===================  ===================  ====================




                                                BHFTI AQR              BHFTI
                                               GLOBAL RISK       BLACKROCK GLOBAL
                                                BALANCED        TACTICAL STRATEGIES
                                               SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  --------------------

ASSETS:
   Investments at fair value............  $     2,073,669,067  $      4,609,258,660
   Accrued dividends....................                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                    1                    --
                                          -------------------  --------------------
       Total Assets.....................        2,073,669,068         4,609,258,660
                                          -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  120                   114
   Due to Brighthouse Life Insurance
     Company............................                   --                    --
                                          -------------------  --------------------
       Total Liabilities................                  120                   114
                                          -------------------  --------------------

NET ASSETS..............................  $     2,073,668,948  $      4,609,258,546
                                          ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $     2,072,944,587  $      4,608,604,638
   Net assets from contracts in payout..              724,361               653,908
                                          -------------------  --------------------
       Total Net Assets.................  $     2,073,668,948  $      4,609,258,546
                                          ===================  ====================



 The accompanying notes are an integral part of these financial statements.


                                      2



 The accompanying notes are an integral part of these financial statements.


                                      3



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019





                                                                      BHFTI
                                                  BHFTI            BRIGHTHOUSE              BHFTI                BHFTI
                                                BLACKROCK             ASSET              BRIGHTHOUSE          BRIGHTHOUSE
                                               HIGH YIELD        ALLOCATION 100         BALANCED PLUS       SMALL CAP VALUE
                                               SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  -------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $       309,535,382  $       570,647,058  $     7,769,299,927  $        223,578,895
   Accrued dividends....................                   --                   --                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                   --                   --                    --
                                          -------------------  -------------------  -------------------  --------------------
       Total Assets.....................          309,535,382          570,647,058        7,769,299,927           223,578,895
                                          -------------------  -------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  173                  121                  100                   163
   Due to Brighthouse Life Insurance
     Company............................                    1                   --                   --                     2
                                          -------------------  -------------------  -------------------  --------------------
       Total Liabilities................                  174                  121                  100                   165
                                          -------------------  -------------------  -------------------  --------------------

NET ASSETS..............................  $       309,535,208  $       570,646,937  $     7,769,299,827  $        223,578,730
                                          ===================  ===================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       309,393,201  $       570,370,080  $     7,768,107,828  $        223,308,001
   Net assets from contracts in payout..              142,007              276,857            1,191,999               270,729
                                          -------------------  -------------------  -------------------  --------------------
       Total Net Assets.................  $       309,535,208  $       570,646,937  $     7,769,299,827  $        223,578,730
                                          ===================  ===================  ===================  ====================



                                                                                                                 BHFTI
                                                  BHFTI               BHFTI                BHFTI             BRIGHTHOUSE/
                                              BRIGHTHOUSE/        BRIGHTHOUSE/         BRIGHTHOUSE/          FRANKLIN LOW
                                            ABERDEEN EMERGING        ARTISAN            EATON VANCE            DURATION
                                             MARKETS EQUITY       INTERNATIONAL        FLOATING RATE         TOTAL RETURN
                                               SUB-ACCOUNT         SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  -------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $       371,896,033  $           331,072  $        87,577,762  $        142,348,779
   Accrued dividends....................                   --                   --                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                    1                   --                    --
                                          -------------------  -------------------  -------------------  --------------------
       Total Assets.....................          371,896,033              331,073           87,577,762           142,348,779
                                          -------------------  -------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  176                   54                  152                   132
   Due to Brighthouse Life Insurance
     Company............................                   --                   --                    1                     1
                                          -------------------  -------------------  -------------------  --------------------
       Total Liabilities................                  176                   54                  153                   133
                                          -------------------  -------------------  -------------------  --------------------

NET ASSETS..............................  $       371,895,857  $           331,019  $        87,577,609  $        142,348,646
                                          ===================  ===================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       371,801,775  $           331,019  $        87,550,739  $        142,249,967
   Net assets from contracts in payout..               94,082                   --               26,870                98,679
                                          -------------------  -------------------  -------------------  --------------------
       Total Net Assets.................  $       371,895,857  $           331,019  $        87,577,609  $        142,348,646
                                          ===================  ===================  ===================  ====================



                                                 BHFTI                 BHFTI
                                             BRIGHTHOUSE/          BRIGHTHOUSE/
                                               TEMPLETON            WELLINGTON
                                             INTERNATIONAL           LARGE CAP
                                                 BOND                RESEARCH
                                              SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  -------------------

ASSETS:
   Investments at fair value............  $        31,904,230  $        16,100,720
   Accrued dividends....................                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                   --                   --
                                          -------------------  -------------------
       Total Assets.....................           31,904,230           16,100,720
                                          -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                   97                  135
   Due to Brighthouse Life Insurance
     Company............................                    2                   --
                                          -------------------  -------------------
       Total Liabilities................                   99                  135
                                          -------------------  -------------------

NET ASSETS..............................  $        31,904,131  $        16,100,585
                                          ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        31,904,131  $        16,100,585
   Net assets from contracts in payout..                   --                   --
                                          -------------------  -------------------
       Total Net Assets.................  $        31,904,131  $        16,100,585
                                          ===================  ===================



 The accompanying notes are an integral part of these financial statements.


                                      4



 The accompanying notes are an integral part of these financial statements.


                                      5



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019





                                               BHFTI CLARION            BHFTI             BHFTI INVESCO
                                                  GLOBAL           HARRIS OAKMARK         BALANCED-RISK        BHFTI INVESCO
                                                REAL ESTATE         INTERNATIONAL          ALLOCATION            COMSTOCK
                                                SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $       231,318,661  $       572,263,530  $       926,602,328  $       669,147,046
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                    1                    1                    2
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................          231,318,661          572,263,531          926,602,329          669,147,048
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                  194                  158                  116                  171
   Due to Brighthouse Life Insurance
     Company..............................                    2                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                  196                  158                  116                  171
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $       231,318,465  $       572,263,373  $       926,602,213  $       669,146,877
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $       231,221,671  $       571,981,991  $       926,468,850  $       668,849,898
   Net assets from contracts in payout....               96,794              281,382              133,363              296,979
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $       231,318,465  $       572,263,373  $       926,602,213  $       669,146,877
                                            ===================  ===================  ===================  ===================



                                                                                                                   BHFTI
                                                                    BHFTI INVESCO             BHFTI              JPMORGAN
                                               BHFTI INVESCO          SMALL CAP             JPMORGAN           GLOBAL ACTIVE
                                               GLOBAL EQUITY           GROWTH               CORE BOND           ALLOCATION
                                                SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $        55,615,955  $       328,897,453  $       333,208,663  $     1,190,492,878
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................           55,615,955          328,897,453          333,208,663        1,190,492,878
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                  130                  229                  179                  135
   Due to Brighthouse Life Insurance
     Company..............................                    2                   --                    1                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                  132                  229                  180                  135
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $        55,615,823  $       328,897,224  $       333,208,483  $     1,190,492,743
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $        55,615,823  $       328,708,400  $       333,084,278  $     1,190,392,425
   Net assets from contracts in payout....                   --              188,824              124,205              100,318
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $        55,615,823  $       328,897,224  $       333,208,483  $     1,190,492,743
                                            ===================  ===================  ===================  ===================



                                                    BHFTI
                                                  JPMORGAN               BHFTI
                                                  SMALL CAP          LOOMIS SAYLES
                                                    VALUE          GLOBAL ALLOCATION
                                                 SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  --------------------

ASSETS:
   Investments at fair value..............  $        21,252,983  $        162,833,368
   Accrued dividends......................                   --                    --
   Due from Brighthouse Life Insurance
     Company..............................                   --                    --
                                            -------------------  --------------------
       Total Assets.......................           21,252,983           162,833,368
                                            -------------------  --------------------
LIABILITIES:
   Accrued fees...........................                  252                   122
   Due to Brighthouse Life Insurance
     Company..............................                    1                     1
                                            -------------------  --------------------
       Total Liabilities..................                  253                   123
                                            -------------------  --------------------

NET ASSETS................................  $        21,252,730  $        162,833,245
                                            ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $        21,220,741  $        162,811,823
   Net assets from contracts in payout....               31,989                21,422
                                            -------------------  --------------------
       Total Net Assets...................  $        21,252,730  $        162,833,245
                                            ===================  ====================



 The accompanying notes are an integral part of these financial statements.


                                      6



 The accompanying notes are an integral part of these financial statements.


                                      7



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019




                                                                      BHFTI
                                                 BHFTI               METLIFE            BHFTI MFS(R)             BHFTI
                                             LOOMIS SAYLES         MULTI-INDEX            RESEARCH          MORGAN STANLEY
                                                GROWTH            TARGETED RISK         INTERNATIONAL          DISCOVERY
                                              SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value............  $       400,838,276  $       994,448,134  $       247,943,130  $       257,885,341
   Accrued dividends....................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                    3                   --                    1                    3
                                          -------------------  -------------------  -------------------  -------------------
       Total Assets.....................          400,838,279          994,448,134          247,943,131          257,885,344
                                          -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                  251                  150                  178                  150
   Due to Brighthouse Life Insurance
     Company............................                   --                   12                   --                   --
                                          -------------------  -------------------  -------------------  -------------------
       Total Liabilities................                  251                  162                  178                  150
                                          -------------------  -------------------  -------------------  -------------------

NET ASSETS..............................  $       400,838,028  $       994,447,972  $       247,942,953  $       257,885,194
                                          ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       400,631,056  $       994,403,650  $       247,809,438  $       257,774,597
   Net assets from contracts in payout..              206,972               44,322              133,515              110,597
                                          -------------------  -------------------  -------------------  -------------------
       Total Net Assets.................  $       400,838,028  $       994,447,972  $       247,942,953  $       257,885,194
                                          ===================  ===================  ===================  ===================



                                                 BHFTI                                                           BHFTI
                                               PANAGORA                BHFTI                BHFTI              SCHRODERS
                                                GLOBAL            PIMCO INFLATION           PIMCO               GLOBAL
                                           DIVERSIFIED RISK       PROTECTED BOND        TOTAL RETURN          MULTI-ASSET
                                              SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  -------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $       141,728,318  $       550,130,861  $     1,325,243,100  $        921,743,769
   Accrued dividends....................                   --                   --                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                   --                   --                    --
                                          -------------------  -------------------  -------------------  --------------------
       Total Assets.....................          141,728,318          550,130,861        1,325,243,100           921,743,769
                                          -------------------  -------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  144                  230                  161                   142
   Due to Brighthouse Life Insurance
     Company............................                   --                   --                    1                     1
                                          -------------------  -------------------  -------------------  --------------------
       Total Liabilities................                  144                  230                  162                   143
                                          -------------------  -------------------  -------------------  --------------------

NET ASSETS..............................  $       141,728,174  $       550,130,631  $     1,325,242,938  $        921,743,626
                                          ===================  ===================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       141,701,051  $       549,878,098  $     1,324,475,532  $        921,648,420
   Net assets from contracts in payout..               27,123              252,533              767,406                95,206
                                          -------------------  -------------------  -------------------  --------------------
       Total Net Assets.................  $       141,728,174  $       550,130,631  $     1,325,242,938  $        921,743,626
                                          ===================  ===================  ===================  ====================




                                              BHFTI SSGA           BHFTI SSGA
                                           EMERGING MARKETS        GROWTH AND
                                            ENHANCED INDEX         INCOME ETF
                                              SUB-ACCOUNT          SUB-ACCOUNT
                                          -------------------  -------------------

ASSETS:
   Investments at fair value............  $           871,335  $     1,205,892,312
   Accrued dividends....................                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                   --                   --
                                          -------------------  -------------------
       Total Assets.....................              871,335        1,205,892,312
                                          -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                   10                  126
   Due to Brighthouse Life Insurance
     Company............................                   --                   --
                                          -------------------  -------------------
       Total Liabilities................                   10                  126
                                          -------------------  -------------------

NET ASSETS..............................  $           871,325  $     1,205,892,186
                                          ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $           871,325  $     1,205,293,514
   Net assets from contracts in payout..                   --              598,672
                                          -------------------  -------------------
       Total Net Assets.................  $           871,325  $     1,205,892,186
                                          ===================  ===================



 The accompanying notes are an integral part of these financial statements.


                                      8



 The accompanying notes are an integral part of these financial statements.


                                      9



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019





                                                                    BHFTI T. ROWE        BHFTI T. ROWE          BHFTI TCW
                                                 BHFTI SSGA          PRICE LARGE           PRICE MID           CORE FIXED
                                                 GROWTH ETF           CAP VALUE           CAP GROWTH             INCOME
                                                 SUB-ACCOUNT         SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $       431,106,557  $       730,034,875  $       502,499,569  $           278,484
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                   18                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................          431,106,557          730,034,893          502,499,569              278,484
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                  130                  236                   89                   97
   Due to Brighthouse Life Insurance
     Company..............................                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                  130                  236                   89                   97
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $       431,106,427  $       730,034,657  $       502,499,480  $           278,387
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $       430,622,035  $       729,260,652  $       502,240,103  $           278,387
   Net assets from contracts in payout....              484,392              774,005              259,377                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $       431,106,427  $       730,034,657  $       502,499,480  $           278,387
                                            ===================  ===================  ===================  ===================



                                                                         BHFTI           BHFTI WESTERN        BHFTII BAILLIE
                                                    BHFTI            WELLS CAPITAL     ASSET MANAGEMENT           GIFFORD
                                              VICTORY SYCAMORE        MANAGEMENT          GOVERNMENT           INTERNATIONAL
                                                MID CAP VALUE        MID CAP VALUE          INCOME                 STOCK
                                                 SUB-ACCOUNT          SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $       226,484,528  $       129,231,985  $       505,216,657  $       223,852,610
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................          226,484,528          129,231,985          505,216,657          223,852,610
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                  209                  147                  149                  133
   Due to Brighthouse Life Insurance
     Company..............................                    3                    1                   --                    4
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                  212                  148                  149                  137
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $       226,484,316  $       129,231,837  $       505,216,508  $       223,852,473
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $       226,329,801  $       129,160,696  $       505,152,665  $       223,803,669
   Net assets from contracts in payout....              154,515               71,141               63,843               48,804
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $       226,484,316  $       129,231,837  $       505,216,508  $       223,852,473
                                            ===================  ===================  ===================  ===================



                                                                       BHFTII
                                                  BHFTII              BLACKROCK
                                                 BLACKROCK             CAPITAL
                                                BOND INCOME         APPRECIATION
                                                SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------

ASSETS:
   Investments at fair value..............  $        94,609,416  $        52,691,150
   Accrued dividends......................                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                    2
                                            -------------------  -------------------
       Total Assets.......................           94,609,416           52,691,152
                                            -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                  202                  329
   Due to Brighthouse Life Insurance
     Company..............................                    1                   --
                                            -------------------  -------------------
       Total Liabilities..................                  203                  329
                                            -------------------  -------------------

NET ASSETS................................  $        94,609,213  $        52,690,823
                                            ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $        94,504,529  $        52,651,115
   Net assets from contracts in payout....              104,684               39,708
                                            -------------------  -------------------
       Total Net Assets...................  $        94,609,213  $        52,690,823
                                            ===================  ===================



 The accompanying notes are an integral part of these financial statements.


                                     10



 The accompanying notes are an integral part of these financial statements.


                                     11



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019





                                                 BHFTII               BHFTII                BHFTII               BHFTII
                                                BLACKROCK           BRIGHTHOUSE           BRIGHTHOUSE          BRIGHTHOUSE
                                               ULTRA-SHORT             ASSET                 ASSET                ASSET
                                                TERM BOND          ALLOCATION 20         ALLOCATION 40        ALLOCATION 60
                                               SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                          --------------------  -------------------  --------------------  -------------------

ASSETS:
   Investments at fair value............  $        281,760,314  $       129,092,216  $      3,134,940,249  $     5,744,541,816
   Accrued dividends....................                    --                   --                    --                   --
   Due from Brighthouse Life Insurance
     Company............................                    --                   --                    --                    1
                                          --------------------  -------------------  --------------------  -------------------
       Total Assets.....................           281,760,314          129,092,216         3,134,940,249        5,744,541,817
                                          --------------------  -------------------  --------------------  -------------------
LIABILITIES:
   Accrued fees.........................                   407                  124                    97                   76
   Due to Brighthouse Life Insurance
     Company............................                    --                    2                    --                   --
                                          --------------------  -------------------  --------------------  -------------------
       Total Liabilities................                   407                  126                    97                   76
                                          --------------------  -------------------  --------------------  -------------------

NET ASSETS..............................  $        281,759,907  $       129,092,090  $      3,134,940,152  $     5,744,541,741
                                          ====================  ===================  ====================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        281,615,347  $       129,092,090  $      3,128,795,730  $     5,738,837,723
   Net assets from contracts in payout..               144,560                   --             6,144,422            5,704,018
                                          --------------------  -------------------  --------------------  -------------------
       Total Net Assets.................  $        281,759,907  $       129,092,090  $      3,134,940,152  $     5,744,541,741
                                          ====================  ===================  ====================  ===================



                                                                                           BHFTII                BHFTII
                                                BHFTII                BHFTII            BRIGHTHOUSE/          BRIGHTHOUSE/
                                              BRIGHTHOUSE          BRIGHTHOUSE/          DIMENSIONAL           WELLINGTON
                                                 ASSET                ARTISAN           INTERNATIONAL          CORE EQUITY
                                             ALLOCATION 80         MID CAP VALUE        SMALL COMPANY         OPPORTUNITIES
                                              SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  --------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $     5,359,706,068  $        172,067,006  $        65,933,023  $        769,677,710
   Accrued dividends....................                   --                    --                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                    8                    --                   --                     2
                                          -------------------  --------------------  -------------------  --------------------
       Total Assets.....................        5,359,706,076           172,067,006           65,933,023           769,677,712
                                          -------------------  --------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                   71                    99                  174                   305
   Due to Brighthouse Life Insurance
     Company............................                   --                    --                   --                    --
                                          -------------------  --------------------  -------------------  --------------------
       Total Liabilities................                   71                    99                  174                   305
                                          -------------------  --------------------  -------------------  --------------------

NET ASSETS..............................  $     5,359,706,005  $        172,066,907  $        65,932,849  $        769,677,407
                                          ===================  ====================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $     5,356,672,505  $        171,830,718  $        65,932,849  $        769,133,459
   Net assets from contracts in payout..            3,033,500               236,189                   --               543,948
                                          -------------------  --------------------  -------------------  --------------------
       Total Net Assets.................  $     5,359,706,005  $        172,066,907  $        65,932,849  $        769,677,407
                                          ===================  ====================  ===================  ====================





                                                BHFTII
                                               FRONTIER               BHFTII
                                            MID CAP GROWTH        JENNISON GROWTH
                                              SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  -------------------

ASSETS:
   Investments at fair value............  $        71,039,443  $       536,292,898
   Accrued dividends....................                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                    1                    2
                                          -------------------  -------------------
       Total Assets.....................           71,039,444          536,292,900
                                          -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                   79                  150
   Due to Brighthouse Life Insurance
     Company............................                   --                   --
                                          -------------------  -------------------
       Total Liabilities................                   79                  150
                                          -------------------  -------------------

NET ASSETS..............................  $        71,039,365  $       536,292,750
                                          ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        71,008,152  $       535,763,450
   Net assets from contracts in payout..               31,213              529,300
                                          -------------------  -------------------
       Total Net Assets.................  $        71,039,365  $       536,292,750
                                          ===================  ===================



 The accompanying notes are an integral part of these financial statements.


                                     12



 The accompanying notes are an integral part of these financial statements.


                                     13



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019




                                                  BHFTII               BHFTII                BHFTII
                                               LOOMIS SAYLES        LOOMIS SAYLES            METLIFE
                                                 SMALL CAP            SMALL CAP             AGGREGATE         BHFTII METLIFE
                                                   CORE                GROWTH              BOND INDEX       MID CAP STOCK INDEX
                                                SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  --------------------

ASSETS:
   Investments at fair value..............  $        13,626,561  $           239,236  $       312,536,654  $       162,973,298
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                    1                   --                   --                   --
                                            -------------------  -------------------  -------------------  --------------------
       Total Assets.......................           13,626,562              239,236          312,536,654          162,973,298
                                            -------------------  -------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees...........................                  156                   40                  178                  144
   Due to Brighthouse Life Insurance
     Company..............................                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  --------------------
       Total Liabilities..................                  156                   40                  178                  144
                                            -------------------  -------------------  -------------------  --------------------

NET ASSETS................................  $        13,626,406  $           239,196  $       312,536,476  $       162,973,154
                                            ===================  ===================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $        13,626,406  $           239,196  $       312,489,726  $       162,973,154
   Net assets from contracts in payout....                   --                   --               46,750                   --
                                            -------------------  -------------------  -------------------  --------------------
       Total Net Assets...................  $        13,626,406  $           239,196  $       312,536,476  $       162,973,154
                                            ===================  ===================  ===================  ====================





                                              BHFTII METLIFE        BHFTII METLIFE         BHFTII METLIFE           BHFTII
                                            MSCI EAFE(R) INDEX   RUSSELL 2000(R) INDEX       STOCK INDEX      MFS(R) TOTAL RETURN
                                                SUB-ACCOUNT           SUB-ACCOUNT            SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  ---------------------  -------------------  --------------------

ASSETS:
   Investments at fair value..............  $       119,450,776  $       162,234,707    $       676,952,053  $        37,334,234
   Accrued dividends......................                   --                   --                     --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                   --                      1                   --
                                            -------------------  ---------------------  -------------------  --------------------
       Total Assets.......................          119,450,776          162,234,707            676,952,054           37,334,234
                                            -------------------  ---------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees...........................                  122                  172                    104                  177
   Due to Brighthouse Life Insurance
     Company..............................                   --                   --                     --                    1
                                            -------------------  ---------------------  -------------------  --------------------
       Total Liabilities..................                  122                  172                    104                  178
                                            -------------------  ---------------------  -------------------  --------------------

NET ASSETS................................  $       119,450,654  $       162,234,535    $       676,951,950  $        37,334,056
                                            ===================  =====================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $       119,450,654  $       162,234,535    $       676,632,699  $        37,298,354
   Net assets from contracts in payout....                   --                   --                319,251               35,702
                                            -------------------  ---------------------  -------------------  --------------------
       Total Net Assets...................  $       119,450,654  $       162,234,535    $       676,951,950  $        37,334,056
                                            ===================  =====================  ===================  ====================





                                                   BHFTII          BHFTII NEUBERGER
                                                MFS(R) VALUE        BERMAN GENESIS
                                                 SUB-ACCOUNT          SUB-ACCOUNT
                                            --------------------  -------------------

ASSETS:
   Investments at fair value..............  $        295,742,070  $       130,962,269
   Accrued dividends......................                    --                   --
   Due from Brighthouse Life Insurance
     Company..............................                     6                   --
                                            --------------------  -------------------
       Total Assets.......................           295,742,076          130,962,269
                                            --------------------  -------------------
LIABILITIES:
   Accrued fees...........................                   222                  213
   Due to Brighthouse Life Insurance
     Company..............................                    --                    1
                                            --------------------  -------------------
       Total Liabilities..................                   222                  214
                                            --------------------  -------------------

NET ASSETS................................  $        295,741,854  $       130,962,055
                                            ====================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $        295,583,249  $       130,782,190
   Net assets from contracts in payout....               158,605              179,865
                                            --------------------  -------------------
       Total Net Assets...................  $        295,741,854  $       130,962,055
                                            ====================  ===================



 The accompanying notes are an integral part of these financial statements.


                                     14



 The accompanying notes are an integral part of these financial statements.


                                     15



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019




                                                                                                             BHFTII WESTERN
                                                 BHFTII               BHFTII             BHFTII VANECK      ASSET MANAGEMENT
                                              T. ROWE PRICE        T. ROWE PRICE        GLOBAL NATURAL       STRATEGIC BOND
                                            LARGE CAP GROWTH     SMALL CAP GROWTH          RESOURCES          OPPORTUNITIES
                                               SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                          --------------------  -------------------  --------------------  -------------------

ASSETS:
   Investments at fair value............  $        348,694,282  $        14,900,890  $         71,212,921  $       958,728,642
   Accrued dividends....................                    --                   --                    --                   --
   Due from Brighthouse Life Insurance
     Company............................                     1                    1                    --                   18
                                          --------------------  -------------------  --------------------  -------------------
       Total Assets.....................           348,694,283           14,900,891            71,212,921          958,728,660
                                          --------------------  -------------------  --------------------  -------------------
LIABILITIES:
   Accrued fees.........................                   116                  119                   100                  397
   Due to Brighthouse Life Insurance
     Company............................                    --                   --                     1                   --
                                          --------------------  -------------------  --------------------  -------------------
       Total Liabilities................                   116                  119                   101                  397
                                          --------------------  -------------------  --------------------  -------------------

NET ASSETS..............................  $        348,694,167  $        14,900,772  $         71,212,820  $       958,728,263
                                          ====================  ===================  ====================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        348,603,556  $        14,900,772  $         71,212,820  $       958,192,779
   Net assets from contracts in payout..                90,611                   --                    --              535,484
                                          --------------------  -------------------  --------------------  -------------------
       Total Net Assets.................  $        348,694,167  $        14,900,772  $         71,212,820  $       958,728,263
                                          ====================  ===================  ====================  ===================




                                            BHFTII WESTERN                                                        FEDERATED
                                           ASSET MANAGEMENT           BLACKROCK           DWS CROCI(R)           HIGH INCOME
                                            U.S. GOVERNMENT    GLOBAL ALLOCATION V.I.   INTERNATIONAL VIP           BOND
                                              SUB-ACCOUNT            SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  ----------------------  -------------------  --------------------

ASSETS:
   Investments at fair value............  $       225,818,272   $         15,778,341   $        10,880,657  $              2,173
   Accrued dividends....................                   --                     --                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                      1                    --                    --
                                          -------------------  ----------------------  -------------------  --------------------
       Total Assets.....................          225,818,272             15,778,342            10,880,657                 2,173
                                          -------------------  ----------------------  -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                  206                     97                    13                     9
   Due to Brighthouse Life Insurance
     Company............................                   --                     --                    --                     1
                                          -------------------  ----------------------  -------------------  --------------------
       Total Liabilities................                  206                     97                    13                    10
                                          -------------------  ----------------------  -------------------  --------------------

NET ASSETS..............................  $       225,818,066   $         15,778,245   $        10,880,644  $              2,163
                                          ===================  ======================  ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $       225,619,722   $         15,778,245   $        10,880,644  $              2,163
   Net assets from contracts in payout..              198,344                     --                    --                    --
                                          -------------------  ----------------------  -------------------  --------------------
       Total Net Assets.................  $       225,818,066   $         15,778,245   $        10,880,644  $              2,163
                                          ===================  ======================  ===================  ====================





                                               FEDERATED          FIDELITY(R) VIP
                                                KAUFMAN            ASSET MANAGER
                                              SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  --------------------

ASSETS:
   Investments at fair value............  $            79,545  $         61,629,336
   Accrued dividends....................                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                    --
                                          -------------------  --------------------
       Total Assets.....................               79,545            61,629,336
                                          -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    3                     5
   Due to Brighthouse Life Insurance
     Company............................                   --                    --
                                          -------------------  --------------------
       Total Liabilities................                    3                     5
                                          -------------------  --------------------

NET ASSETS..............................  $            79,542  $         61,629,331
                                          ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $            79,542  $         61,629,331
   Net assets from contracts in payout..                   --                    --
                                          -------------------  --------------------
       Total Net Assets.................  $            79,542  $         61,629,331
                                          ===================  ====================



 The accompanying notes are an integral part of these financial statements.


                                     16



 The accompanying notes are an integral part of these financial statements.


                                     17



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019





                                             FIDELITY(R) VIP       FIDELITY(R) VIP       FIDELITY(R) VIP       FIDELITY(R) VIP
                                               CONTRAFUND           EQUITY-INCOME       FUNDSMANAGER 50%      FUNDSMANAGER 60%
                                               SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............  $        595,706,226  $          4,222,728  $      3,641,358,822  $      2,158,471,132
   Accrued dividends....................                    --                    --                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                    --                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Assets....................           595,706,226             4,222,728         3,641,358,822         2,158,471,132
                                          --------------------  --------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    76                    --                    --                    --
   Due to Brighthouse Life Insurance
     Company............................                    --                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Liabilities...............                    76                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------

NET ASSETS..............................  $        595,706,150  $          4,222,728  $      3,641,358,822  $      2,158,471,132
                                          ====================  ====================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        595,651,422  $          4,222,728  $      3,641,358,822  $      2,158,471,132
   Net assets from contracts in payout..                54,728                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Net Assets................  $        595,706,150  $          4,222,728  $      3,641,358,822  $      2,158,471,132
                                          ====================  ====================  ====================  ====================



                                             FIDELITY(R) VIP
                                               GOVERNMENT         FIDELITY(R) VIP      FIDELITY(R) VIP       FIDELITY(R) VIP
                                              MONEY MARKET            GROWTH              INDEX 500              MID CAP
                                               SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value............  $         16,263,312  $       192,447,154  $        65,492,863  $       380,021,906
   Accrued dividends....................                    --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company............................                    --                   --                    1                    2
                                          --------------------  -------------------  -------------------  -------------------
        Total Assets....................            16,263,312          192,447,154           65,492,864          380,021,908
                                          --------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees.........................                    22                    4                   10                   31
   Due to Brighthouse Life Insurance
     Company............................                     1                   --                   --                   --
                                          --------------------  -------------------  -------------------  -------------------
        Total Liabilities...............                    23                    4                   10                   31
                                          --------------------  -------------------  -------------------  -------------------

NET ASSETS..............................  $         16,263,289  $       192,447,150  $        65,492,854  $       380,021,877
                                          ====================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $         16,263,289  $       192,447,150  $        65,492,854  $       379,956,871
   Net assets from contracts in payout..                    --                   --                   --               65,006
                                          --------------------  -------------------  -------------------  -------------------
        Total Net Assets................  $         16,263,289  $       192,447,150  $        65,492,854  $       380,021,877
                                          ====================  ===================  ===================  ===================




                                            FIDELITY(R) VIP       FTVIPT FRANKLIN
                                               OVERSEAS             INCOME VIP
                                              SUB-ACCOUNT           SUB-ACCOUNT
                                          -------------------  --------------------

ASSETS:
   Investments at fair value............  $         4,148,772  $        225,606,698
   Accrued dividends....................                   --                    --
   Due from Brighthouse Life Insurance
     Company............................                   --                    --
                                          -------------------  --------------------
        Total Assets....................            4,148,772           225,606,698
                                          -------------------  --------------------
LIABILITIES:
   Accrued fees.........................                   10                    62
   Due to Brighthouse Life Insurance
     Company............................                   --                    --
                                          -------------------  --------------------
        Total Liabilities...............                   10                    62
                                          -------------------  --------------------

NET ASSETS..............................  $         4,148,762  $        225,606,636
                                          ===================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $         4,148,762  $        225,502,102
   Net assets from contracts in payout..                   --               104,534
                                          -------------------  --------------------
        Total Net Assets................  $         4,148,762  $        225,606,636
                                          ===================  ====================



 The accompanying notes are an integral part of these financial statements.


                                     18



 The accompanying notes are an integral part of these financial statements.


                                     19



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019






                                             FTVIPT FRANKLIN       FTVIPT FRANKLIN      FTVIPT TEMPLETON      FTVIPT TEMPLETON
                                            MUTUAL SHARES VIP    SMALL CAP VALUE VIP       FOREIGN VIP         GLOBAL BOND VIP
                                               SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............  $        112,291,821  $        116,737,145  $         64,988,439  $        185,378,632
   Accrued dividends....................                    --                    --                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                     1                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Assets....................           112,291,822           116,737,145            64,988,439           185,378,632
                                          --------------------  --------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    69                    17                    69                    12
   Due to Brighthouse Life Insurance
     Company............................                    --                     1                    --                     1
                                          --------------------  --------------------  --------------------  --------------------
        Total Liabilities...............                    69                    18                    69                    13
                                          --------------------  --------------------  --------------------  --------------------

NET ASSETS..............................  $        112,291,753  $        116,737,127  $         64,988,370  $        185,378,619
                                          ====================  ====================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        112,282,365  $        116,737,127  $         64,906,843  $        185,304,986
   Net assets from contracts in payout..                 9,388                    --                81,527                73,633
                                          --------------------  --------------------  --------------------  --------------------
        Total Net Assets................  $        112,291,753  $        116,737,127  $         64,988,370  $        185,378,619
                                          ====================  ====================  ====================  ====================



                                                                       INVESCO
                                                 INVESCO             OPPENHEIMER             INVESCO
                                            OPPENHEIMER V.I.      V.I. MAIN STREET         OPPENHEIMER          INVESCO V.I.
                                            GOVERNMENT MONEY          SMALL CAP         V.I. MAIN STREET     AMERICAN FRANCHISE
                                               SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............  $              2,951  $         98,399,949  $             16,939  $              3,043
   Accrued dividends....................                     1                    --                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                    --                     9                     1                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Assets....................                 2,952            98,399,958                16,940                 3,043
                                          --------------------  --------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                     7                    45                    10                     5
   Due to Brighthouse Life Insurance
     Company............................                    --                    --                    --                    20
                                          --------------------  --------------------  --------------------  --------------------
        Total Liabilities...............                     7                    45                    10                    25
                                          --------------------  --------------------  --------------------  --------------------

NET ASSETS..............................  $              2,945  $         98,399,913  $             16,930  $              3,018
                                          ====================  ====================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $              2,945  $         98,365,417  $             16,930  $              3,018
   Net assets from contracts in payout..                    --                34,496                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Net Assets................  $              2,945  $         98,399,913  $             16,930  $              3,018
                                          ====================  ====================  ====================  ====================





                                              INVESCO V.I.          INVESCO V.I.
                                               CORE EQUITY        EQUITY AND INCOME
                                               SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------

ASSETS:
   Investments at fair value............  $            129,404  $        601,877,112
   Accrued dividends....................                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                    --                    --
                                          --------------------  --------------------
        Total Assets....................               129,404           601,877,112
                                          --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    13                    34
   Due to Brighthouse Life Insurance
     Company............................                    --                    --
                                          --------------------  --------------------
        Total Liabilities...............                    13                    34
                                          --------------------  --------------------

NET ASSETS..............................  $            129,391  $        601,877,078
                                          ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $            129,391  $        601,696,516
   Net assets from contracts in payout..                    --               180,562
                                          --------------------  --------------------
        Total Net Assets................  $            129,391  $        601,877,078
                                          ====================  ====================



 The accompanying notes are an integral part of these financial statements.


                                     20



 The accompanying notes are an integral part of these financial statements.


                                     21



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019




                                                                                            LMPVET                LMPVET
                                              INVESCO V.I.          IVY VIP ASSET    CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE
                                          INTERNATIONAL GROWTH        STRATEGY         AGGRESSIVE GROWTH       APPRECIATION
                                               SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  -------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............   $       233,711,177  $           302,336   $       313,070,904  $        440,731,556
   Accrued dividends....................                    --                   --                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                     1                   --                     1                    --
                                          --------------------  -------------------  --------------------  --------------------
       Total Assets.....................           233,711,178              302,336           313,070,905           440,731,556
                                          --------------------  -------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    45                   14                   121                    72
   Due to Brighthouse Life Insurance
     Company............................                    --                   --                    --                    --
                                          --------------------  -------------------  --------------------  --------------------
       Total Liabilities................                    45                   14                   121                    72
                                          --------------------  -------------------  --------------------  --------------------

NET ASSETS..............................   $       233,711,133  $           302,322   $       313,070,784  $        440,731,484
                                          ====================  ===================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...   $       233,664,248  $           302,322   $       313,006,510  $        440,597,156
   Net assets from contracts in payout..                46,885                   --                64,274               134,328
                                          --------------------  -------------------  --------------------  --------------------
       Total Net Assets.................   $       233,711,133  $           302,322   $       313,070,784  $        440,731,484
                                          ====================  ===================  ====================  ====================



                                                 LMPVET                LMPVET                LMPVET                LMPVET
                                          CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE
                                            DIVIDEND STRATEGY     LARGE CAP GROWTH       LARGE CAP VALUE      SMALL CAP GROWTH
                                               SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............  $        225,020,318   $         2,392,524  $          7,569,859  $       128,119,216
   Accrued dividends....................                    --                    --                    --                   --
   Due from Brighthouse Life Insurance
     Company............................                     1                    --                     1                    1
                                          --------------------  --------------------  --------------------  --------------------
       Total Assets.....................           225,020,319             2,392,524             7,569,860          128,119,217
                                          --------------------  --------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    96                    73                    68                   88
   Due to Brighthouse Life Insurance
     Company............................                    --                     1                    --                   --
                                          --------------------  --------------------  --------------------  --------------------
       Total Liabilities................                    96                    74                    68                   88
                                          --------------------  --------------------  --------------------  --------------------

NET ASSETS..............................  $        225,020,223   $         2,392,450  $          7,569,792  $       128,119,129
                                          ====================  ====================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $        224,916,410   $         2,391,703  $          7,569,792  $       128,106,132
   Net assets from contracts in payout..               103,813                   747                    --               12,997
                                          --------------------  --------------------  --------------------  --------------------
       Total Net Assets.................  $        225,020,223   $         2,392,450  $          7,569,792  $       128,119,129
                                          ====================  ====================  ====================  ====================



                                                 LMPVET
                                               QS VARIABLE            LMPVET
                                           CONSERVATIVE GROWTH  QS VARIABLE GROWTH
                                               SUB-ACCOUNT          SUB-ACCOUNT
                                          --------------------  -------------------

ASSETS:
   Investments at fair value............  $         33,753,921  $        74,124,141
   Accrued dividends....................                    --                   --
   Due from Brighthouse Life Insurance
     Company............................                    --                   --
                                          --------------------  -------------------
       Total Assets.....................            33,753,921           74,124,141
                                          --------------------  -------------------
LIABILITIES:
   Accrued fees.........................                    31                   37
   Due to Brighthouse Life Insurance
     Company............................                    --                    1
                                          --------------------  -------------------
       Total Liabilities................                    31                   38
                                          --------------------  -------------------

NET ASSETS..............................  $         33,753,890  $        74,124,103
                                          ====================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $         33,753,890  $        74,020,788
   Net assets from contracts in payout..                    --              103,315
                                          --------------------  -------------------
       Total Net Assets.................  $         33,753,890  $        74,124,103
                                          ====================  ===================



 The accompanying notes are an integral part of these financial statements.


                                     22



 The accompanying notes are an integral part of these financial statements.


                                     23



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONTINUED)
                              DECEMBER 31, 2019




                                                                   LMPVIT WESTERN
                                                  LMPVET           ASSET VARIABLE
                                                QS VARIABLE          GLOBAL HIGH           MFS(R) VIT           MFS(R) VIT
                                              MODERATE GROWTH        YIELD BOND          INVESTORS TRUST       NEW DISCOVERY
                                                SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $           608,156  $        86,687,947  $             3,445  $             7,459
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................              608,156           86,687,947                3,445                7,459
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                   21                  135                    9                    2
   Due to Brighthouse Life Insurance
     Company..............................                   --                    1                    1                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                   21                  136                   10                    2
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $           608,135  $        86,687,811  $             3,435  $             7,457
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $           608,135  $        86,578,195  $             3,435  $             7,457
   Net assets from contracts in payout....                   --              109,616                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $           608,135  $        86,687,811  $             3,435  $             7,457
                                            ===================  ===================  ===================  ===================



                                                                                                                 PIMCO VIT
                                                                   MORGAN STANLEY                                COMMODITY
                                                MFS(R) VIT           VIF GLOBAL         NEUBERGER BERMAN       REALRETURN(R)
                                                 RESEARCH          INFRASTRUCTURE            GENESIS             STRATEGY
                                                SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                            -------------------  -------------------  -------------------  -------------------

ASSETS:
   Investments at fair value..............  $            23,864  $           564,392  $             6,528  $           403,197
   Accrued dividends......................                   --                   --                   --                   --
   Due from Brighthouse Life Insurance
     Company..............................                   --                    1                    1                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Assets.......................               23,864              564,393                6,529              403,197
                                            -------------------  -------------------  -------------------  -------------------
LIABILITIES:
   Accrued fees...........................                    7                   17                    6                   26
   Due to Brighthouse Life Insurance
     Company..............................                    1                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Liabilities..................                    8                   17                    6                   26
                                            -------------------  -------------------  -------------------  -------------------

NET ASSETS................................  $            23,856  $           564,376  $             6,523  $           403,171
                                            ===================  ===================  ===================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $            23,856  $           564,376  $             6,523  $           403,171
   Net assets from contracts in payout....                   --                   --                   --                   --
                                            -------------------  -------------------  -------------------  -------------------
       Total Net Assets...................  $            23,856  $           564,376  $             6,523  $           403,171
                                            ===================  ===================  ===================  ===================




                                                                       PIMCO VIT
                                                  PIMCO VIT        EMERGING MARKETS
                                                DYNAMIC BOND             BOND
                                                 SUB-ACCOUNT          SUB-ACCOUNT
                                            --------------------  -------------------

ASSETS:
   Investments at fair value..............  $            600,003  $           806,797
   Accrued dividends......................                    --                   --
   Due from Brighthouse Life Insurance
     Company..............................                    --                   --
                                            --------------------  -------------------
       Total Assets.......................               600,003              806,797
                                            --------------------  -------------------
LIABILITIES:
   Accrued fees...........................                    22                   42
   Due to Brighthouse Life Insurance
     Company..............................                    --                    1
                                            --------------------  -------------------
       Total Liabilities..................                    22                   43
                                            --------------------  -------------------

NET ASSETS................................  $            599,981  $           806,754
                                            ====================  ===================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units.....  $            599,981  $           806,754
   Net assets from contracts in payout....                    --                   --
                                            --------------------  -------------------
       Total Net Assets...................  $            599,981  $           806,754
                                            ====================  ===================



 The accompanying notes are an integral part of these financial statements.


                                     24



 The accompanying notes are an integral part of these financial statements.


                                     25



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF ASSETS AND LIABILITIES -- (CONCLUDED)
                              DECEMBER 31, 2019





                                                                                          T. ROWE PRICE
                                               PIONEER VCT           PIONEER VCT           GOVERNMENT           T. ROWE PRICE
                                              MID CAP VALUE      REAL ESTATE SHARES           MONEY             GROWTH STOCK
                                               SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------  --------------------  --------------------

ASSETS:
   Investments at fair value............  $         56,933,384  $            219,195  $            193,891  $          8,501,334
   Accrued dividends....................                    --                    --                    16                    --
   Due from Brighthouse Life Insurance
     Company............................                     1                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Assets....................            56,933,385               219,195               193,907             8,501,334
                                          --------------------  --------------------  --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    63                    48                     5                    --
   Due to Brighthouse Life Insurance
     Company............................                    --                     1                    16                     1
                                          --------------------  --------------------  --------------------  --------------------
        Total Liabilities...............                    63                    49                    21                     1
                                          --------------------  --------------------  --------------------  --------------------

NET ASSETS..............................  $         56,933,322  $            219,146  $            193,886  $          8,501,333
                                          ====================  ====================  ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $         56,933,322  $            219,146  $            193,886  $          8,501,333
   Net assets from contracts in payout..                    --                    --                    --                    --
                                          --------------------  --------------------  --------------------  --------------------
        Total Net Assets................  $         56,933,322  $            219,146  $            193,886  $          8,501,333
                                          ====================  ====================  ====================  ====================


                                                                      TAP 1919
                                              T. ROWE PRICE       VARIABLE SOCIALLY
                                              INTERNATIONAL          RESPONSIVE
                                                  STOCK               BALANCED
                                               SUB-ACCOUNT           SUB-ACCOUNT
                                          --------------------  --------------------

ASSETS:
   Investments at fair value............  $            550,911  $            197,658
   Accrued dividends....................                    --                    --
   Due from Brighthouse Life Insurance
     Company............................                    --                    --
                                          --------------------  --------------------
        Total Assets....................               550,911               197,658
                                          --------------------  --------------------
LIABILITIES:
   Accrued fees.........................                    --                    39
   Due to Brighthouse Life Insurance
     Company............................                    --                    --
                                          --------------------  --------------------
        Total Liabilities...............                    --                    39
                                          --------------------  --------------------

NET ASSETS..............................  $            550,911  $            197,619
                                          ====================  ====================
CONTRACT OWNERS' EQUITY
   Net assets from accumulation units...  $            550,911  $            194,544
   Net assets from contracts in payout..                    --                 3,075
                                          --------------------  --------------------
        Total Net Assets................  $            550,911  $            197,619
                                          ====================  ====================


 The accompanying notes are an integral part of these financial statements.


                                     26



 The accompanying notes are an integral part of these financial statements.


                                     27



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                          STATEMENTS OF OPERATIONS
                    FOR THE YEAR ENDED DECEMBER 31, 2019





                                                                                                              AMERICAN FUNDS(R)
                                               ALGER SMALL CAP      AMERICAN FUNDS(R)   AMERICAN FUNDS(R)       GLOBAL SMALL
                                                   GROWTH                 BOND            GLOBAL GROWTH        CAPITALIZATION
                                                 SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  -------------------  -------------------  --------------------

INVESTMENT INCOME:
      Dividends............................  $                --  $         3,161,061  $         3,079,631  $            152,298
                                             -------------------  -------------------  -------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................              781,104            1,399,620            3,471,606             1,185,091
      Administrative charges...............                   --              299,972              705,912               219,488
                                             -------------------  -------------------  -------------------  --------------------
        Total expenses.....................              781,104            1,699,592            4,177,518             1,404,579
                                             -------------------  -------------------  -------------------  --------------------
           Net investment income (loss)....            (781,104)            1,461,469          (1,097,887)           (1,252,281)
                                             -------------------  -------------------  -------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........            3,073,763                   --           16,118,981             6,626,230
      Realized gains (losses) on sale of
        investments........................              663,449              297,772            9,881,661             2,796,122
                                             -------------------  -------------------  -------------------  --------------------
           Net realized gains (losses).....            3,737,212              297,772           26,000,642             9,422,352
                                             -------------------  -------------------  -------------------  --------------------
      Change in unrealized gains (losses)
        on investments.....................           10,453,396            7,675,646           56,892,670            18,336,160
                                             -------------------  -------------------  -------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           14,190,608            7,973,418           82,893,312            27,758,512
                                             -------------------  -------------------  -------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        13,409,504  $         9,434,887  $        81,795,425  $         26,506,231
                                             ===================  ===================  ===================  ====================




                                               AMERICAN FUNDS(R)    AMERICAN FUNDS(R)      BHFTI AB GLOBAL          BHFTI AB
                                                    GROWTH            GROWTH-INCOME      DYNAMIC ALLOCATION    INTERNATIONAL BOND
                                                  SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT (a)
                                             --------------------  -------------------  --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $          4,927,368  $         6,134,076  $         98,113,265  $                --
                                             --------------------  -------------------  --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................             8,277,883            4,736,785            32,269,930                4,157
      Administrative charges...............             1,615,314              835,429             7,060,992                  892
                                             --------------------  -------------------  --------------------  -------------------
        Total expenses.....................             9,893,197            5,572,214            39,330,922                5,049
                                             --------------------  -------------------  --------------------  -------------------
           Net investment income (loss)....           (4,965,829)              561,862            58,782,343              (5,049)
                                             --------------------  -------------------  --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........            72,100,766           38,202,322            55,484,743                   --
      Realized gains (losses) on sale of
        investments........................            23,812,627            8,935,979            54,827,058                  296
                                             --------------------  -------------------  --------------------  -------------------
           Net realized gains (losses).....            95,913,393           47,138,301           110,311,801                  296
                                             --------------------  -------------------  --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            80,734,145           33,565,894           260,864,540               14,137
                                             --------------------  -------------------  --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           176,647,538           80,704,195           371,176,341               14,433
                                             --------------------  -------------------  --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        171,681,709  $        81,266,057  $        429,958,684  $             9,384
                                             ====================  ===================  ====================  ===================


                                                     BHFTI
                                               AMERICAN FUNDS(R)           BHFTI
                                                   BALANCED          AMERICAN FUNDS(R)
                                                  ALLOCATION         GROWTH ALLOCATION
                                                  SUB-ACCOUNT           SUB-ACCOUNT
                                             --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         56,542,291  $        31,096,798
                                             --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            39,894,618           24,152,849
      Administrative charges...............             7,832,310            4,600,175
                                             --------------------  -------------------
        Total expenses.....................            47,726,928           28,753,024
                                             --------------------  -------------------
           Net investment income (loss)....             8,815,363            2,343,774
                                             --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........           223,447,878          155,301,067
      Realized gains (losses) on sale of
        investments........................            19,598,959           15,027,636
                                             --------------------  -------------------
           Net realized gains (losses).....           243,046,837          170,328,703
                                             --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           258,451,071          185,588,681
                                             --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           501,497,908          355,917,384
                                             --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        510,313,271  $       358,261,158
                                             ====================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     28



 The accompanying notes are an integral part of these financial statements.


                                     29



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019





                                                    BHFTI                 BHFTI               BHFTI AQR             BHFTI
                                              AMERICAN FUNDS(R)     AMERICAN FUNDS(R)        GLOBAL RISK      BLACKROCK GLOBAL
                                                   GROWTH          MODERATE ALLOCATION        BALANCED       TACTICAL STRATEGIES
                                                 SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT
                                             -------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         3,483,848  $         28,887,056  $        61,231,116  $         8,861,930
                                             -------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................           10,062,467            18,352,238           23,789,451           51,740,006
      Administrative charges...............            1,971,341             3,636,945            5,192,919           11,306,235
                                             -------------------  --------------------  -------------------  -------------------
        Total expenses.....................           12,033,808            21,989,183           28,982,370           63,046,241
                                             -------------------  --------------------  -------------------  -------------------
           Net investment income (loss)....          (8,549,960)             6,897,873           32,248,746         (54,184,311)
                                             -------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........          117,652,460            82,161,174                   --                   --
      Realized gains (losses) on sale of
        investments........................            4,022,812             4,378,139         (43,868,698)           23,983,940
                                             -------------------  --------------------  -------------------  -------------------
           Net realized gains (losses).....          121,675,272            86,539,313         (43,868,698)           23,983,940
                                             -------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           87,139,968           102,704,109          357,199,846          812,711,294
                                             -------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................          208,815,240           189,243,422          313,331,148          836,695,234
                                             -------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $       200,265,280  $        196,141,295  $       345,579,894  $       782,510,923
                                             ===================  ====================  ===================  ===================


                                                                          BHFTI
                                                    BHFTI              BRIGHTHOUSE              BHFTI               BHFTI
                                                  BLACKROCK               ASSET              BRIGHTHOUSE         BRIGHTHOUSE
                                                 HIGH YIELD          ALLOCATION 100         BALANCED PLUS      SMALL CAP VALUE
                                                 SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT
                                             -------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $        15,899,095  $          8,254,506  $       152,296,523  $         1,915,141
                                             -------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            3,411,448             7,346,161           85,856,999            2,890,673
      Administrative charges...............              657,109             1,358,774           18,745,474              524,043
                                             -------------------  --------------------  -------------------  -------------------
        Total expenses.....................            4,068,557             8,704,935          104,602,473            3,414,716
                                             -------------------  --------------------  -------------------  -------------------
           Net investment income (loss)....           11,830,538             (450,429)           47,694,050          (1,499,575)
                                             -------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                   --            57,740,062                   --           18,386,964
      Realized gains (losses) on sale of
        investments........................            (698,917)             6,677,887           53,321,209            1,064,915
                                             -------------------  --------------------  -------------------  -------------------
           Net realized gains (losses).....            (698,917)            64,417,949           53,321,209           19,451,879
                                             -------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           20,858,394            57,930,299        1,366,475,059           32,185,432
                                             -------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           20,159,477           122,348,248        1,419,796,268           51,637,311
                                             -------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        31,990,015  $        121,897,819  $     1,467,490,318  $        50,137,736
                                             ===================  ====================  ===================  ===================


                                                     BHFTI                 BHFTI
                                                 BRIGHTHOUSE/          BRIGHTHOUSE/
                                               ABERDEEN EMERGING          ARTISAN
                                                MARKETS EQUITY         INTERNATIONAL
                                                  SUB-ACCOUNT           SUB-ACCOUNT
                                             --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $          6,017,972  $             3,917
                                             --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................             4,627,741                2,952
      Administrative charges...............               901,126                  759
                                             --------------------  -------------------
        Total expenses.....................             5,528,867                3,711
                                             --------------------  -------------------
           Net investment income (loss)....               489,105                  206
                                             --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                    --                   --
      Realized gains (losses) on sale of
        investments........................             3,369,362                7,053
                                             --------------------  -------------------
           Net realized gains (losses).....             3,369,362                7,053
                                             --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            59,154,673               71,865
                                             --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            62,524,035               78,918
                                             --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         63,013,140  $            79,124
                                             ====================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     30



 The accompanying notes are an integral part of these financial statements.


                                     31



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                                           BHFTI                BHFTI                 BHFTI
                                                      BHFTI            BRIGHTHOUSE/         BRIGHTHOUSE/          BRIGHTHOUSE/
                                                  BRIGHTHOUSE/         FRANKLIN LOW           TEMPLETON            WELLINGTON
                                                   EATON VANCE           DURATION           INTERNATIONAL           LARGE CAP
                                                  FLOATING RATE        TOTAL RETURN             BOND                RESEARCH
                                                   SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  -------------------  -------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $          3,779,095  $         4,776,572  $         2,624,055  $            150,912
                                              --------------------  -------------------  -------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................             1,049,450            1,846,061              401,749               216,906
      Administrative charges................               206,981              353,902               79,975                37,944
                                              --------------------  -------------------  -------------------  --------------------
        Total expenses......................             1,256,431            2,199,963              481,724               254,850
                                              --------------------  -------------------  -------------------  --------------------
           Net investment income (loss).....             2,522,664            2,576,609            2,142,331             (103,938)
                                              --------------------  -------------------  -------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --                   --               62,329             1,769,839
      Realized gains (losses) on sale of
        investments.........................             (121,735)            (452,919)            (325,699)               398,611
                                              --------------------  -------------------  -------------------  --------------------
           Net realized gains (losses)......             (121,735)            (452,919)            (263,370)             2,168,450
                                              --------------------  -------------------  -------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................             1,814,322            2,053,757          (1,953,103)             1,849,415
                                              --------------------  -------------------  -------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................             1,692,587            1,600,838          (2,216,473)             4,017,865
                                              --------------------  -------------------  -------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $          4,215,251  $         4,177,447  $          (74,142)  $          3,913,927
                                              ====================  ===================  ===================  ====================




                                                 BHFTI CLARION             BHFTI             BHFTI INVESCO
                                                    GLOBAL            HARRIS OAKMARK         BALANCED-RISK         BHFTI INVESCO
                                                  REAL ESTATE          INTERNATIONAL          ALLOCATION             COMSTOCK
                                                  SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                              -------------------  --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $         7,173,042  $         12,175,532  $                 --  $         13,683,940
                                              -------------------  --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................            2,945,468             7,278,599            10,410,053             7,737,526
      Administrative charges................              581,684             1,371,124             2,306,898             1,594,468
                                              -------------------  --------------------  --------------------  --------------------
        Total expenses......................            3,527,152             8,649,723            12,716,951             9,331,994
                                              -------------------  --------------------  --------------------  --------------------
           Net investment income (loss).....            3,645,890             3,525,809          (12,716,951)             4,351,946
                                              -------------------  --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                   --            42,856,732                    --            78,076,405
      Realized gains (losses) on sale of
        investments.........................            2,358,814           (5,740,991)           (6,034,292)             7,873,863
                                              -------------------  --------------------  --------------------  --------------------
           Net realized gains (losses)......            2,358,814            37,115,741           (6,034,292)            85,950,268
                                              -------------------  --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................           41,816,286            71,856,958           137,692,596            43,190,352
                                              -------------------  --------------------  --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................           44,175,100           108,972,699           131,658,304           129,140,620
                                              -------------------  --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $        47,820,990  $        112,498,508  $        118,941,353  $        133,492,566
                                              ===================  ====================  ====================  ====================




                                                                       BHFTI INVESCO
                                                  BHFTI INVESCO          SMALL CAP
                                                  GLOBAL EQUITY           GROWTH
                                                   SUB-ACCOUNT          SUB-ACCOUNT
                                              -------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $           438,074  $                 --
                                              -------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................              649,991             4,059,448
      Administrative charges................              135,873               773,723
                                              -------------------  --------------------
        Total expenses......................              785,864             4,833,171
                                              -------------------  --------------------
           Net investment income (loss).....            (347,790)           (4,833,171)
                                              -------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........            6,946,930            54,262,314
      Realized gains (losses) on sale of
        investments.........................            1,578,175           (2,662,801)
                                              -------------------  --------------------
           Net realized gains (losses)......            8,525,105            51,599,513
                                              -------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................            5,917,554            15,487,989
                                              -------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................           14,442,659            67,087,502
                                              -------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $        14,094,869  $         62,254,331
                                              ===================  ====================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     32



 The accompanying notes are an integral part of these financial statements.


                                     33



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                                          BHFTI                 BHFTI
                                                     BHFTI              JPMORGAN              JPMORGAN               BHFTI
                                                   JPMORGAN           GLOBAL ACTIVE           SMALL CAP          LOOMIS SAYLES
                                                   CORE BOND           ALLOCATION               VALUE          GLOBAL ALLOCATION
                                                  SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                             --------------------  -------------------  --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         14,348,673  $        32,170,953  $            273,787  $         2,282,649
                                             --------------------  -------------------  --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................             4,128,424           13,075,511               301,935            1,988,412
      Administrative charges...............               803,459            2,923,900                51,054              382,332
                                             --------------------  -------------------  --------------------  -------------------
        Total expenses.....................             4,931,883           15,999,411               352,989            2,370,744
                                             --------------------  -------------------  --------------------  -------------------
           Net investment income (loss)....             9,416,790           16,171,542              (79,202)             (88,095)
                                             --------------------  -------------------  --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                    --                   --             2,095,347           13,205,550
      Realized gains (losses) on sale of
        investments........................             (560,477)            5,468,222                14,625            4,113,190
                                             --------------------  -------------------  --------------------  -------------------
           Net realized gains (losses).....             (560,477)            5,468,222             2,109,972           17,318,740
                                             --------------------  -------------------  --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            11,447,422          145,551,085             1,237,629           17,143,175
                                             --------------------  -------------------  --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            10,886,945          151,019,307             3,347,601           34,461,915
                                             --------------------  -------------------  --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         20,303,735  $       167,190,849  $          3,268,399  $        34,373,820
                                             ====================  ===================  ====================  ===================


                                                                          BHFTI
                                                    BHFTI                METLIFE           BHFTI MFS(R)              BHFTI
                                                LOOMIS SAYLES          MULTI-INDEX           RESEARCH           MORGAN STANLEY
                                                   GROWTH             TARGETED RISK        INTERNATIONAL           DISCOVERY
                                                 SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         3,185,472  $         20,455,526  $         3,209,757  $                --
                                             -------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            5,261,570            10,159,271            3,162,846            3,127,442
      Administrative charges...............              981,793             2,317,572              571,044              633,713
                                             -------------------  --------------------  -------------------  -------------------
        Total expenses.....................            6,243,363            12,476,843            3,733,890            3,761,155
                                             -------------------  --------------------  -------------------  -------------------
           Net investment income (loss)....          (3,057,891)             7,978,683            (524,133)          (3,761,155)
                                             -------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........           54,137,902                    --           11,002,709           49,856,215
      Realized gains (losses) on sale of
        investments........................           16,525,569             5,398,377            2,729,602           21,876,058
                                             -------------------  --------------------  -------------------  -------------------
           Net realized gains (losses).....           70,663,471             5,398,377           13,732,311           71,732,273
                                             -------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            8,944,410           159,635,566           41,889,030           15,540,051
                                             -------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           79,607,881           165,033,943           55,621,341           87,272,324
                                             -------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        76,549,990  $        173,012,626  $        55,097,208  $        83,511,169
                                             ===================  ====================  ===================  ===================


                                                    BHFTI
                                                  PANAGORA                BHFTI
                                                   GLOBAL            PIMCO INFLATION
                                              DIVERSIFIED RISK       PROTECTED BOND
                                                 SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         4,354,130  $        18,867,687
                                             -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            1,522,606            7,389,989
      Administrative charges...............              331,980            1,391,458
                                             -------------------  -------------------
        Total expenses.....................            1,854,586            8,781,447
                                             -------------------  -------------------
           Net investment income (loss)....            2,499,544           10,086,240
                                             -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                   --                   --
      Realized gains (losses) on sale of
        investments........................              692,530          (6,108,924)
                                             -------------------  -------------------
           Net realized gains (losses).....              692,530          (6,108,924)
                                             -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           20,513,707           31,705,123
                                             -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           21,206,237           25,596,199
                                             -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        23,705,781  $        35,682,439
                                             ===================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     34



 The accompanying notes are an integral part of these financial statements.


                                     35



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                                          BHFTI
                                                     BHFTI              SCHRODERS           BHFTI SSGA           BHFTI SSGA
                                                     PIMCO               GLOBAL          EMERGING MARKETS        GROWTH AND
                                                 TOTAL RETURN          MULTI-ASSET        ENHANCED INDEX         INCOME ETF
                                                  SUB-ACCOUNT          SUB-ACCOUNT        SUB-ACCOUNT (a)        SUB-ACCOUNT
                                             -------------------  -------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $        38,611,839  $        13,354,749  $                --  $        27,358,268
                                             -------------------  -------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................           17,475,720           10,393,056                1,956           14,640,566
      Administrative charges...............            3,263,437            2,265,231                  464            2,935,396
                                             -------------------  -------------------  -------------------  -------------------
        Total expenses.....................           20,739,157           12,658,287                2,420           17,575,962
                                             -------------------  -------------------  -------------------  -------------------
          Net investment income (loss).....           17,872,682              696,462              (2,420)            9,782,306
                                             -------------------  -------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                   --                   --                   --           58,344,694
      Realized gains (losses) on sale of
        investments........................          (1,950,525)            5,021,115                  136            5,730,989
                                             -------------------  -------------------  -------------------  -------------------
          Net realized gains (losses)......          (1,950,525)            5,021,115                  136           64,075,683
                                             -------------------  -------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           72,057,828          157,783,224               66,705          117,960,827
                                             -------------------  -------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           70,107,303          162,804,339               66,841          182,036,510
                                             -------------------  -------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        87,979,985  $       163,500,801  $            64,421  $       191,818,816
                                             ===================  ===================  ===================  ===================



                                                                     BHFTI T. ROWE        BHFTI T. ROWE          BHFTI TCW
                                                 BHFTI SSGA           PRICE LARGE           PRICE MID           CORE FIXED
                                                 GROWTH ETF            CAP VALUE           CAP GROWTH             INCOME
                                                 SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT
                                             -------------------  -------------------  -------------------  ------------------

INVESTMENT INCOME:
      Dividends............................  $         8,142,851  $        14,901,469  $           130,320  $           10,801
                                             -------------------  -------------------  -------------------  ------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            5,359,209            9,170,319            6,313,129               3,430
      Administrative charges...............            1,041,665            1,355,979            1,203,031                 743
                                             -------------------  -------------------  -------------------  ------------------
        Total expenses.....................            6,400,874           10,526,298            7,516,160               4,173
                                             -------------------  -------------------  -------------------  ------------------
          Net investment income (loss).....            1,741,977            4,375,171          (7,385,840)               6,628
                                             -------------------  -------------------  -------------------  ------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........           26,661,825           81,192,204           84,577,887                  --
      Realized gains (losses) on sale of
        investments........................            3,635,137            3,312,884            4,660,370               1,912
                                             -------------------  -------------------  -------------------  ------------------
          Net realized gains (losses)......           30,296,962           84,505,088           89,238,257               1,912
                                             -------------------  -------------------  -------------------  ------------------
      Change in unrealized gains (losses)
        on investments.....................           45,484,805           63,479,038           38,200,995              13,686
                                             -------------------  -------------------  -------------------  ------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           75,781,767          147,984,126          127,439,252              15,598
                                             -------------------  -------------------  -------------------  ------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        77,523,744  $       152,359,297  $       120,053,412  $           22,226
                                             ===================  ===================  ===================  ==================


                                                                          BHFTI
                                                     BHFTI            WELLS CAPITAL
                                               VICTORY SYCAMORE        MANAGEMENT
                                                 MID CAP VALUE        MID CAP VALUE
                                                  SUB-ACCOUNT          SUB-ACCOUNT
                                             -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $         2,390,255  $           821,525
                                             -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            2,787,740            1,658,575
      Administrative charges...............              545,617              309,873
                                             -------------------  -------------------
        Total expenses.....................            3,333,357            1,968,448
                                             -------------------  -------------------
          Net investment income (loss).....            (943,102)          (1,146,923)
                                             -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........            7,373,113            3,462,883
      Realized gains (losses) on sale of
        investments........................              982,757          (1,574,762)
                                             -------------------  -------------------
          Net realized gains (losses)......            8,355,870            1,888,121
                                             -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................           44,978,552           34,508,984
                                             -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           53,334,422           36,397,105
                                             -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        52,391,320  $        35,250,182
                                             ===================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     36



 The accompanying notes are an integral part of these financial statements.


                                     37



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                      BHFTI
                                                  WESTERN ASSET        BHFTII BAILLIE                                  BHFTII
                                                   MANAGEMENT              GIFFORD               BHFTII               BLACKROCK
                                                   GOVERNMENT           INTERNATIONAL           BLACKROCK              CAPITAL
                                                     INCOME                 STOCK              BOND INCOME          APPRECIATION
                                                   SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $         14,227,923  $          2,298,576  $          2,979,348  $             32,888
                                              --------------------  --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................             5,810,875             2,742,181             1,084,810               471,189
      Administrative charges................             1,280,545               533,826               186,568                85,228
                                              --------------------  --------------------  --------------------  --------------------
        Total expenses......................             7,091,420             3,276,007             1,271,378               556,417
                                              --------------------  --------------------  --------------------  --------------------
           Net investment income (loss).....             7,136,503             (977,431)             1,707,970             (523,529)
                                              --------------------  --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --            12,716,287                    --             6,164,545
      Realized gains (losses) on sale of
        investments.........................             (914,407)             7,259,331              (36,631)               555,812
                                              --------------------  --------------------  --------------------  --------------------
           Net realized gains (losses)......             (914,407)            19,975,618              (36,631)             6,720,357
                                              --------------------  --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................            24,111,233            37,596,240             4,591,607             3,385,703
                                              --------------------  --------------------  --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................            23,196,826            57,571,858             4,554,976            10,106,060
                                              --------------------  --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $         30,333,329  $         56,594,427  $          6,262,946  $          9,582,531
                                              ====================  ====================  ====================  ====================



                                                     BHFTII                BHFTII                BHFTII                BHFTII
                                                    BLACKROCK            BRIGHTHOUSE           BRIGHTHOUSE           BRIGHTHOUSE
                                                   ULTRA-SHORT              ASSET                 ASSET                 ASSET
                                                    TERM BOND           ALLOCATION 20         ALLOCATION 40         ALLOCATION 60
                                                   SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $          4,210,504  $          2,505,443  $         68,535,806  $        110,424,814
                                              --------------------  --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................             3,617,489             1,549,877            41,673,581            74,849,667
      Administrative charges................               689,443               296,735             7,878,117            14,171,007
                                              --------------------  --------------------  --------------------  --------------------
        Total expenses......................             4,306,932             1,846,612            49,551,698            89,020,674
                                              --------------------  --------------------  --------------------  --------------------
           Net investment income (loss).....              (96,428)               658,831            18,984,108            21,404,140
                                              --------------------  --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --             2,218,804           156,846,765           453,106,777
      Realized gains (losses) on sale of
        investments.........................               971,434              (26,715)          (25,563,699)          (44,737,149)
                                              --------------------  --------------------  --------------------  --------------------
           Net realized gains (losses)......               971,434             2,192,089           131,283,066           408,369,628
                                              --------------------  --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................                19,271             8,207,052           257,100,306           482,130,702
                                              --------------------  --------------------  --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................               990,705            10,399,141           388,383,372           890,500,330
                                              --------------------  --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $            894,277  $         11,057,972  $        407,367,480  $        911,904,470
                                              ====================  ====================  ====================  ====================



                                                     BHFTII                BHFTII
                                                   BRIGHTHOUSE          BRIGHTHOUSE/
                                                      ASSET                ARTISAN
                                                  ALLOCATION 80         MID CAP VALUE
                                                   SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $         91,316,634  $            892,077
                                              --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................            70,915,076             2,296,952
      Administrative charges................            13,056,662               395,540
                                              --------------------  --------------------
        Total expenses......................            83,971,738             2,692,492
                                              --------------------  --------------------
           Net investment income (loss).....             7,344,896           (1,800,415)
                                              --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........           527,983,010            20,529,588
      Realized gains (losses) on sale of
        investments.........................          (29,608,974)               329,684
                                              --------------------  --------------------
           Net realized gains (losses)......           498,374,036            20,859,272
                                              --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................           513,656,679            13,459,189
                                              --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................         1,012,030,715            34,318,461
                                              --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $      1,019,375,611  $         32,518,046
                                              ====================  ====================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     38



 The accompanying notes are an integral part of these financial statements.


                                     39



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                    BHFTII                BHFTII
                                                 BRIGHTHOUSE/          BRIGHTHOUSE/
                                                  DIMENSIONAL           WELLINGTON             BHFTII
                                                 INTERNATIONAL          CORE EQUITY           FRONTIER               BHFTII
                                                 SMALL COMPANY         OPPORTUNITIES       MID CAP GROWTH        JENNISON GROWTH
                                                  SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                             --------------------  -------------------  --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $            649,931  $        11,403,264  $                 --  $         1,052,580
                                             --------------------  -------------------  --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................               827,325            9,561,258               908,329            6,850,660
      Administrative charges...............               156,864            1,847,153               169,398            1,253,069
                                             --------------------  -------------------  --------------------  -------------------
        Total expenses.....................               984,189           11,408,411             1,077,727            8,103,729
                                             --------------------  -------------------  --------------------  -------------------
           Net investment income (loss)....             (334,258)              (5,147)           (1,077,727)          (7,051,149)
                                             --------------------  -------------------  --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........             5,746,218           61,994,627             9,713,561           76,234,437
      Realized gains (losses) on sale of
        investments........................           (1,529,391)           17,958,825               630,434           10,462,843
                                             --------------------  -------------------  --------------------  -------------------
           Net realized gains (losses).....             4,216,827           79,953,452            10,343,995           86,697,280
                                             --------------------  -------------------  --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................             8,098,666          108,256,529             8,407,102           54,079,391
                                             --------------------  -------------------  --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            12,315,493          188,209,981            18,751,097          140,776,671
                                             --------------------  -------------------  --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         11,981,235  $       188,204,834  $         17,673,370  $       133,725,522
                                             ====================  ===================  ====================  ===================



                                                    BHFTII              BHFTII                BHFTII
                                                 LOOMIS SAYLES       LOOMIS SAYLES            METLIFE
                                                   SMALL CAP           SMALL CAP             AGGREGATE        BHFTII METLIFE
                                                     CORE               GROWTH              BOND INDEX      MID CAP STOCK INDEX
                                                  SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT
                                             -------------------  -------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $                --  $                --  $         8,962,220  $         1,815,391
                                             -------------------  -------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................              199,239                2,961            3,614,904            2,003,229
      Administrative charges...............               33,351                  698              736,114              304,590
                                             -------------------  -------------------  -------------------  -------------------
        Total expenses.....................              232,590                3,659            4,351,018            2,307,819
                                             -------------------  -------------------  -------------------  -------------------
           Net investment income (loss)....            (232,590)              (3,659)            4,611,202            (492,428)
                                             -------------------  -------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........            1,451,746               57,241                   --           15,279,701
      Realized gains (losses) on sale of
        investments........................               24,186              (9,723)            (566,948)            1,236,202
                                             -------------------  -------------------  -------------------  -------------------
           Net realized gains (losses).....            1,475,932               47,518            (566,948)           16,515,903
                                             -------------------  -------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            1,490,922               22,564           15,835,305           16,261,001
                                             -------------------  -------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            2,966,854               70,082           15,268,357           32,776,904
                                             -------------------  -------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         2,734,264  $            66,423  $        19,879,559  $        32,284,476
                                             ===================  ===================  ===================  ===================





                                                BHFTII METLIFE       BHFTII METLIFE
                                              MSCI EAFE(R) INDEX  RUSSELL 2000(R) INDEX
                                                  SUB-ACCOUNT          SUB-ACCOUNT
                                             -------------------  ---------------------

INVESTMENT INCOME:
      Dividends............................  $         2,825,445   $         1,427,174
                                             -------------------  ---------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            1,435,730             1,966,400
      Administrative charges...............              245,103               343,676
                                             -------------------  ---------------------
        Total expenses.....................            1,680,833             2,310,076
                                             -------------------  ---------------------
           Net investment income (loss)....            1,144,612             (882,902)
                                             -------------------  ---------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........              844,749            14,812,344
      Realized gains (losses) on sale of
        investments........................            1,031,808             2,182,799
                                             -------------------  ---------------------
           Net realized gains (losses).....            1,876,557            16,995,143
                                             -------------------  ---------------------
      Change in unrealized gains (losses)
        on investments.....................           17,427,733            15,284,497
                                             -------------------  ---------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................           19,304,290            32,279,640
                                             -------------------  ---------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $        20,448,902   $        31,396,738
                                             ===================  =====================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     40



 The accompanying notes are an integral part of these financial statements.


                                     41



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019






                                               BHFTII METLIFE            BHFTII               BHFTII           BHFTII NEUBERGER
                                                 STOCK INDEX       MFS(R) TOTAL RETURN     MFS(R) VALUE         BERMAN GENESIS
                                                 SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  --------------------  -------------------  --------------------

INVESTMENT INCOME:
      Dividends............................  $        12,472,498  $            815,547  $         4,791,739  $             25,655
                                             -------------------  --------------------  -------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            8,280,805               497,303            3,625,140             1,695,598
      Administrative charges...............            1,388,043                72,787              657,180               283,457
                                             -------------------  --------------------  -------------------  --------------------
        Total expenses.....................            9,668,848               570,090            4,282,320             1,979,055
                                             -------------------  --------------------  -------------------  --------------------
           Net investment income (loss)....            2,803,650               245,457              509,419           (1,953,400)
                                             -------------------  --------------------  -------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........           48,466,503             1,466,340           18,302,400            17,110,373
      Realized gains (losses) on sale of
        investments........................           21,086,008               503,510              664,467             2,687,602
                                             -------------------  --------------------  -------------------  --------------------
           Net realized gains (losses).....           69,552,511             1,969,850           18,966,867            19,797,975
                                             -------------------  --------------------  -------------------  --------------------
      Change in unrealized gains (losses)
        on investments.....................           85,754,538             3,988,407           47,338,191            11,426,070
                                             -------------------  --------------------  -------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................          155,307,049             5,958,257           66,305,058            31,224,045
                                             -------------------  --------------------  -------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $       158,110,699  $          6,203,714  $        66,814,477  $         29,270,645
                                             ===================  ====================  ===================  ====================


                                                                                                                BHFTII WESTERN
                                                    BHFTII                BHFTII           BHFTII VANECK       ASSET MANAGEMENT
                                                 T. ROWE PRICE         T. ROWE PRICE      GLOBAL NATURAL        STRATEGIC BOND
                                               LARGE CAP GROWTH      SMALL CAP GROWTH        RESOURCES           OPPORTUNITIES
                                                  SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                             --------------------  -------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $            582,814  $             2,940  $           232,355  $        46,198,057
                                             --------------------  -------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................             4,030,373              182,075              853,685           11,275,821
      Administrative charges...............               750,889               19,044              167,332            2,359,697
                                             --------------------  -------------------  -------------------  -------------------
        Total expenses.....................             4,781,262              201,119            1,021,017           13,635,518
                                             --------------------  -------------------  -------------------  -------------------
           Net investment income (loss)....           (4,198,448)            (198,179)            (788,662)           32,562,539
                                             --------------------  -------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........            46,595,655            2,031,327                   --                   --
      Realized gains (losses) on sale of
        investments........................               425,655              260,265          (2,035,689)            3,279,468
                                             --------------------  -------------------  -------------------  -------------------
           Net realized gains (losses).....            47,021,310            2,291,592          (2,035,689)            3,279,468
                                             --------------------  -------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            32,847,761            1,613,790            9,664,937           79,184,980
                                             --------------------  -------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            79,869,071            3,905,382            7,629,248           82,464,448
                                             --------------------  -------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         75,670,623  $         3,707,203  $         6,840,586  $       115,026,987
                                             ====================  ===================  ===================  ===================



                                               BHFTII WESTERN
                                              ASSET MANAGEMENT           BLACKROCK
                                               U.S. GOVERNMENT    GLOBAL ALLOCATION V.I.
                                                 SUB-ACCOUNT            SUB-ACCOUNT
                                             -------------------  ----------------------

INVESTMENT INCOME:
      Dividends............................  $         5,724,942   $            190,783
                                             -------------------  ----------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................            2,698,679                123,678
      Administrative charges...............              561,382                 27,450
                                             -------------------  ----------------------
        Total expenses.....................            3,260,061                151,128
                                             -------------------  ----------------------
           Net investment income (loss)....            2,464,881                 39,655
                                             -------------------  ----------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                   --                571,490
      Realized gains (losses) on sale of
        investments........................            (631,890)                (7,727)
                                             -------------------  ----------------------
           Net realized gains (losses).....            (631,890)                563,763
                                             -------------------  ----------------------
      Change in unrealized gains (losses)
        on investments.....................            7,696,529              1,034,743
                                             -------------------  ----------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            7,064,639              1,598,506
                                             -------------------  ----------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         9,529,520   $          1,638,161
                                             ===================  ======================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     42



 The accompanying notes are an integral part of these financial statements.


                                     43



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                                          FEDERATED
                                                  DWS CROCI(R)           HIGH INCOME          FEDERATED          FIDELITY(R) VIP
                                                INTERNATIONAL VIP           BOND               KAUFMAN            ASSET MANAGER
                                                   SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  -------------------  -------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $            309,038  $               125  $                --  $          1,053,115
                                              --------------------  -------------------  -------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................               137,306                   28                1,024               835,125
      Administrative charges................                    --                   --                   --                    --
                                              --------------------  -------------------  -------------------  --------------------
        Total expenses......................               137,306                   28                1,024               835,125
                                              --------------------  -------------------  -------------------  --------------------
           Net investment income (loss).....               171,732                   97              (1,024)               217,990
                                              --------------------  -------------------  -------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --                   --                6,380             2,626,681
      Realized gains (losses) on sale of
        investments.........................             (327,399)                  (3)                  282             (332,226)
                                              --------------------  -------------------  -------------------  --------------------
           Net realized gains (losses)......             (327,399)                  (3)                6,662             2,294,455
                                              --------------------  -------------------  -------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................             2,027,021                  155               13,630             6,941,092
                                              --------------------  -------------------  -------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................             1,699,622                  152               20,292             9,235,547
                                              --------------------  -------------------  -------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $          1,871,354  $               249  $            19,268  $          9,453,537
                                              ====================  ===================  ===================  ====================



                                                FIDELITY(R) VIP      FIDELITY(R) VIP       FIDELITY(R) VIP       FIDELITY(R) VIP
                                                  CONTRAFUND          EQUITY-INCOME       FUNDSMANAGER 50%      FUNDSMANAGER 60%
                                                  SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                              -------------------  -------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $         2,091,579  $            81,142  $         60,457,484  $         31,859,350
                                              -------------------  -------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................            6,954,921               58,015            74,568,633            42,998,587
      Administrative charges................              876,933                   --                    --                    --
                                              -------------------  -------------------  --------------------  --------------------
        Total expenses......................            7,831,854               58,015            74,568,633            42,998,587
                                              -------------------  -------------------  --------------------  --------------------
           Net investment income (loss).....          (5,740,275)               23,127          (14,111,149)          (11,139,237)
                                              -------------------  -------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........           66,086,314              275,445           365,953,815           355,944,512
      Realized gains (losses) on sale of
        investments.........................           15,499,861              (2,106)           (2,788,499)          (12,378,239)
                                              -------------------  -------------------  --------------------  --------------------
           Net realized gains (losses)......           81,586,175              273,339           363,165,316           343,566,273
                                              -------------------  -------------------  --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................           71,261,482              647,786           198,608,205            29,274,722
                                              -------------------  -------------------  --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................          152,847,657              921,125           561,773,521           372,840,995
                                              -------------------  -------------------  --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $       147,107,382  $           944,252  $        547,662,372  $        361,701,758
                                              ===================  ===================  ====================  ====================


                                                 FIDELITY(R) VIP
                                                   GOVERNMENT         FIDELITY(R) VIP
                                                  MONEY MARKET            GROWTH
                                                   SUB-ACCOUNT          SUB-ACCOUNT
                                              --------------------  -------------------

INVESTMENT INCOME:
      Dividends.............................  $            335,666  $           469,144
                                              --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................               225,416            2,437,716
      Administrative charges................                    --                   --
                                              --------------------  -------------------
        Total expenses......................               225,416            2,437,716
                                              --------------------  -------------------
           Net investment income (loss).....               110,250          (1,968,572)
                                              --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --           11,162,730
      Realized gains (losses) on sale of
        investments.........................                    --            7,100,153
                                              --------------------  -------------------
           Net realized gains (losses)......                    --           18,262,883
                                              --------------------  -------------------
      Change in unrealized gains (losses)
        on investments......................                   (2)           33,776,257
                                              --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................                   (2)           52,039,140
                                              --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $            110,248  $        50,070,568
                                              ====================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     44



 The accompanying notes are an integral part of these financial statements.


                                     45



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019






                                                 FIDELITY(R) VIP       FIDELITY(R) VIP       FIDELITY(R) VIP      FTVIPT FRANKLIN
                                                    INDEX 500              MID CAP              OVERSEAS            INCOME VIP
                                                   SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                              --------------------  --------------------  --------------------  -------------------

INVESTMENT INCOME:
      Dividends.............................  $          1,200,339  $          2,492,486  $             66,685  $        12,156,556
                                              --------------------  --------------------  --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................               835,030             4,211,597                48,407            2,536,214
      Administrative charges................                    --               916,000                    --              557,358
                                              --------------------  --------------------  --------------------  -------------------
        Total expenses......................               835,030             5,127,597                48,407            3,093,572
                                              --------------------  --------------------  --------------------  -------------------
           Net investment income (loss).....               365,309           (2,635,111)                18,278            9,062,984
                                              --------------------  --------------------  --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........               923,419            41,714,445               142,805            3,674,162
      Realized gains (losses) on sale of
        investments.........................             3,685,060               244,924                61,416              895,113
                                              --------------------  --------------------  --------------------  -------------------
           Net realized gains (losses)......             4,608,479            41,959,369               204,221            4,569,275
                                              --------------------  --------------------  --------------------  -------------------
      Change in unrealized gains (losses)
        on investments......................            10,875,574            31,790,445               681,263           16,861,151
                                              --------------------  --------------------  --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................            15,484,053            73,749,814               885,484           21,430,426
                                              --------------------  --------------------  --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $         15,849,362  $         71,114,703  $            903,762  $        30,493,410
                                              ====================  ====================  ====================  ===================




                                                 FTVIPT FRANKLIN       FTVIPT FRANKLIN      FTVIPT TEMPLETON    FTVIPT TEMPLETON
                                                MUTUAL SHARES VIP    SMALL CAP VALUE VIP       FOREIGN VIP       GLOBAL BOND VIP
                                                   SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT
                                              --------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends.............................  $          1,999,101  $          1,202,331  $         1,060,343  $        13,561,474
                                              --------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................             1,264,436             1,257,312              960,238            2,118,929
      Administrative charges................               275,821               277,483              154,479              467,968
                                              --------------------  --------------------  -------------------  -------------------
        Total expenses......................             1,540,257             1,534,795            1,114,717            2,586,897
                                              --------------------  --------------------  -------------------  -------------------
           Net investment income (loss).....               458,844             (332,464)             (54,374)           10,974,577
                                              --------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........            10,689,271            19,153,923              632,911                   --
      Realized gains (losses) on sale of
        investments.........................               846,798           (1,862,440)            (350,005)          (1,707,966)
                                              --------------------  --------------------  -------------------  -------------------
           Net realized gains (losses)......            11,536,069            17,291,483              282,906          (1,707,966)
                                              --------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments......................             8,998,025             7,771,242            6,056,414          (7,909,510)
                                              --------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................            20,534,094            25,062,725            6,339,320          (9,617,476)
                                              --------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $         20,992,938  $         24,730,261  $         6,284,946  $         1,357,101
                                              ====================  ====================  ===================  ===================


                                                     INVESCO               INVESCO
                                                OPPENHEIMER V.I.      OPPENHEIMER V.I.
                                                   GOVERNMENT            MAIN STREET
                                                      MONEY               SMALL CAP
                                                   SUB-ACCOUNT           SUB-ACCOUNT
                                              --------------------  --------------------

INVESTMENT INCOME:
      Dividends.............................  $                 51  $                 61
                                              --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
        other charges.......................                    41             1,084,717
      Administrative charges................                    --               239,083
                                              --------------------  --------------------
        Total expenses......................                    41             1,323,800
                                              --------------------  --------------------
           Net investment income (loss).....                    10           (1,323,739)
                                              --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions...........                    --             9,138,953
      Realized gains (losses) on sale of
        investments.........................                    --             1,732,489
                                              --------------------  --------------------
           Net realized gains (losses)......                    --            10,871,442
                                              --------------------  --------------------
      Change in unrealized gains (losses)
        on investments......................                   (2)            11,279,875
                                              --------------------  --------------------
      Net realized and change in
        unrealized gains (losses)
        on investments......................                   (2)            22,151,317
                                              --------------------  --------------------
      Net increase (decrease) in net assets
        resulting from operations...........  $                  8  $         20,827,578
                                              ====================  ====================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     46



 The accompanying notes are an integral part of these financial statements.


                                     47



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                      INVESCO
                                                 OPPENHEIMER V.I.        INVESCO V.I.          INVESCO V.I.
                                                    MAIN STREET       AMERICAN FRANCHISE        CORE EQUITY
                                                    SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                               --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends..............................  $                163  $                 --  $              1,136
                                               --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
         other charges.......................                   214                    36                 1,691
      Administrative charges.................                    --                    --                    --
                                               --------------------  --------------------  --------------------
         Total expenses......................                   214                    36                 1,691
                                               --------------------  --------------------  --------------------
           Net investment income (loss)......                  (51)                  (36)                 (555)
                                               --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions............                 2,452                   387                13,811
      Realized gains (losses) on sale of
         investments.........................                    34                     7                 1,617
                                               --------------------  --------------------  --------------------
           Net realized gains (losses).......                 2,486                   394                15,428
                                               --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
         on investments......................                 1,498                   428                13,684
                                               --------------------  --------------------  --------------------
      Net realized and change in
         unrealized gains (losses)
         on investments......................                 3,984                   822                29,112
                                               --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
         resulting from operations...........  $              3,933  $                786  $             28,557
                                               ====================  ====================  ====================



                                                   INVESCO V.I.          INVESCO V.I.          IVY VIP ASSET
                                                 EQUITY AND INCOME   INTERNATIONAL GROWTH        STRATEGY
                                                    SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                               --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends..............................  $         13,560,422  $          2,942,502  $              6,175
                                               --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
         other charges.......................             6,795,195             2,613,096                 2,930
      Administrative charges.................             1,441,308               577,951                   748
                                               --------------------  --------------------  --------------------
         Total expenses......................             8,236,503             3,191,047                 3,678
                                               --------------------  --------------------  --------------------
           Net investment income (loss)......             5,323,919             (248,545)                 2,497
                                               --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions............            42,265,949            14,788,682                11,791
      Realized gains (losses) on sale of
         investments.........................             9,825,846             9,995,921                   655
                                               --------------------  --------------------  --------------------
           Net realized gains (losses).......            52,091,795            24,784,603                12,446
                                               --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
         on investments......................            41,888,908            29,818,647                40,444
                                               --------------------  --------------------  --------------------
      Net realized and change in
         unrealized gains (losses)
         on investments......................            93,980,703            54,603,250                52,890
                                               --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
         resulting from operations...........  $         99,304,622  $         54,354,705  $             55,387
                                               ====================  ====================  ====================


                                                      LMPVET                LMPVET                LMPVET
                                               CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE
                                                 AGGRESSIVE GROWTH       APPRECIATION        DIVIDEND STRATEGY
                                                    SUB-ACCOUNT           SUB-ACCOUNT           SUB-ACCOUNT
                                               --------------------  --------------------  --------------------

INVESTMENT INCOME:
      Dividends..............................  $          2,787,971  $          5,649,087  $          2,834,541
                                               --------------------  --------------------  --------------------
EXPENSES:
      Mortality and expense risk and
         other charges.......................             3,530,247             4,957,424             2,490,575
      Administrative charges.................               713,056             1,028,968               510,782
                                               --------------------  --------------------  --------------------
         Total expenses......................             4,243,303             5,986,392             3,001,357
                                               --------------------  --------------------  --------------------
           Net investment income (loss)......           (1,455,332)             (337,305)             (166,816)
                                               --------------------  --------------------  --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions............             5,440,648            27,019,761            16,198,251
      Realized gains (losses) on sale of
         investments.........................             7,578,929            27,448,635            11,006,602
                                               --------------------  --------------------  --------------------
           Net realized gains (losses).......            13,019,577            54,468,396            27,204,853
                                               --------------------  --------------------  --------------------
      Change in unrealized gains (losses)
         on investments......................            50,382,732            50,409,831            27,792,692
                                               --------------------  --------------------  --------------------
      Net realized and change in
         unrealized gains (losses)
         on investments......................            63,402,309           104,878,227            54,997,545
                                               --------------------  --------------------  --------------------
      Net increase (decrease) in net assets
         resulting from operations...........  $         61,946,977  $        104,540,922  $         54,830,729
                                               ====================  ====================  ====================


                                                      LMPVET
                                               CLEARBRIDGE VARIABLE
                                                 LARGE CAP GROWTH
                                                    SUB-ACCOUNT
                                               --------------------

INVESTMENT INCOME:
      Dividends..............................  $              8,242
                                               --------------------
EXPENSES:
      Mortality and expense risk and
         other charges.......................                37,175
      Administrative charges.................                 6,031
                                               --------------------
         Total expenses......................                43,206
                                               --------------------
           Net investment income (loss)......              (34,964)
                                               --------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions............               108,037
      Realized gains (losses) on sale of
         investments.........................               198,975
                                               --------------------
           Net realized gains (losses).......               307,012
                                               --------------------
      Change in unrealized gains (losses)
         on investments......................               355,388
                                               --------------------
      Net realized and change in
         unrealized gains (losses)
         on investments......................               662,400
                                               --------------------
      Net increase (decrease) in net assets
         resulting from operations...........  $            627,436
                                               ====================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     48



 The accompanying notes are an integral part of these financial statements.


                                     49



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONTINUED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019





                                                    LMPVET                LMPVET               LMPVET                LMPVET
                                             CLEARBRIDGE VARIABLE  CLEARBRIDGE VARIABLE      QS VARIABLE           QS VARIABLE
                                                LARGE CAP VALUE      SMALL CAP GROWTH    CONSERVATIVE GROWTH         GROWTH
                                                  SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                             --------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $           124,729   $                 --  $           694,969  $         1,096,117
                                             --------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................              107,547              1,439,051              378,590              833,806
      Administrative charges...............               17,968                289,326               84,906              185,483
                                             --------------------  --------------------  -------------------  -------------------
        Total expenses.....................              125,515              1,728,377              463,496            1,019,289
                                             --------------------  --------------------  -------------------  -------------------
           Net investment income (loss)....                (786)            (1,728,377)              231,473               76,828
                                             --------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........              452,395             11,742,979              743,888            3,751,986
      Realized gains (losses) on sale of
        investments........................              177,077              3,774,146              430,470              470,904
                                             --------------------  --------------------  -------------------  -------------------
           Net realized gains (losses).....              629,472             15,517,125            1,174,358            4,222,890
                                             --------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................            1,000,268             12,250,855            3,541,263            9,773,725
                                             --------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            1,629,740             27,767,980            4,715,621           13,996,615
                                             --------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         1,628,954   $         26,039,603  $         4,947,094  $        14,073,443
                                             ====================  ====================  ===================  ===================


                                                                     LMPVIT WESTERN
                                                    LMPVET           ASSET VARIABLE
                                                  QS VARIABLE          GLOBAL HIGH          MFS(R) VIT            MFS(R) VIT
                                                MODERATE GROWTH        YIELD BOND         INVESTORS TRUST        NEW DISCOVERY
                                                  SUB-ACCOUNT          SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  --------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $             9,893  $          4,421,125  $                22  $                --
                                             -------------------  --------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................                8,102               987,799                   43                  116
      Administrative charges...............                1,465               202,280                   --                   --
                                             -------------------  --------------------  -------------------  -------------------
        Total expenses.....................                9,567             1,190,079                   43                  116
                                             -------------------  --------------------  -------------------  -------------------
           Net investment income (loss)....                  326             3,231,046                 (21)                (116)
                                             -------------------  --------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........               22,249                    --                  184                1,219
      Realized gains (losses) on sale of
        investments........................                4,800           (1,072,656)                   14                  724
                                             -------------------  --------------------  -------------------  -------------------
           Net realized gains (losses).....               27,049           (1,072,656)                  198                1,943
                                             -------------------  --------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................               71,376             7,857,796                  613                1,130
                                             -------------------  --------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................               98,425             6,785,140                  811                3,073
                                             -------------------  --------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $            98,751  $         10,016,186  $               790  $             2,957
                                             ===================  ====================  ===================  ===================



                                                                     MORGAN STANLEY
                                                  MFS(R) VIT           VIF GLOBAL
                                                   RESEARCH          INFRASTRUCTURE
                                                  SUB-ACCOUNT          SUB-ACCOUNT
                                             --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $                171  $            14,542
                                             --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................                   310                5,834
      Administrative charges...............                    --                1,403
                                             --------------------  -------------------
        Total expenses.....................                   310                7,237
                                             --------------------  -------------------
           Net investment income (loss)....                 (139)                7,305
                                             --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                 2,232               25,903
      Realized gains (losses) on sale of
        investments........................                   433                (946)
                                             --------------------  -------------------
           Net realized gains (losses).....                 2,665               24,957
                                             --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................                 3,389               92,234
                                             --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................                 6,054              117,191
                                             --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $              5,915  $           124,496
                                             ====================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     50



 The accompanying notes are an integral part of these financial statements.


                                     51



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                   STATEMENTS OF OPERATIONS -- (CONCLUDED)
                    FOR THE YEAR ENDED DECEMBER 31, 2019




                                                                        PIMCO VIT
                                                                        COMMODITY                                 PIMCO VIT
                                              NEUBERGER BERMAN        REALRETURN(R)         PIMCO VIT         EMERGING MARKETS
                                                   GENESIS              STRATEGY          DYNAMIC BOND              BOND
                                                 SUB-ACCOUNT           SUB-ACCOUNT         SUB-ACCOUNT           SUB-ACCOUNT
                                             -------------------  -------------------  -------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $                --  $            15,176  $            14,116  $            35,013
                                             -------------------  -------------------  -------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................                   52                3,979                6,197                8,263
      Administrative charges...............                   --                  946                1,419                1,719
                                             -------------------  -------------------  -------------------  -------------------
        Total expenses.....................                   52                4,925                7,616                9,982
                                             -------------------  -------------------  -------------------  -------------------
           Net investment income (loss)....                 (52)               10,251                6,500               25,031
                                             -------------------  -------------------  -------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                  356                   --                8,836                   --
      Realized gains (losses) on sale of
        investments........................                   15             (18,587)                1,164                2,885
                                             -------------------  -------------------  -------------------  -------------------
           Net realized gains (losses).....                  371             (18,587)               10,000                2,885
                                             -------------------  -------------------  -------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................                1,117               43,182                1,478               75,574
                                             -------------------  -------------------  -------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................                1,488               24,595               11,478               78,459
                                             -------------------  -------------------  -------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $             1,436  $            34,846  $            17,978  $           103,490
                                             ===================  ===================  ===================  ===================



                                                                                            T. ROWE PRICE
                                                  PIONEER VCT          PIONEER VCT           GOVERNMENT          T. ROWE PRICE
                                                 MID CAP VALUE     REAL ESTATE SHARES           MONEY            GROWTH STOCK
                                                  SUB-ACCOUNT          SUB-ACCOUNT           SUB-ACCOUNT          SUB-ACCOUNT
                                             --------------------  -------------------  --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $            605,036  $             4,402  $              3,637  $            16,066
                                             --------------------  -------------------  --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................               648,539                3,257                 1,734               71,524
      Administrative charges...............               139,264                  579                    --                   --
                                             --------------------  -------------------  --------------------  -------------------
        Total expenses.....................               787,803                3,836                 1,734               71,524
                                             --------------------  -------------------  --------------------  -------------------
           Net investment income (loss)....             (182,767)                  566                 1,903             (55,458)
                                             --------------------  -------------------  --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........             3,606,887               67,510                    --              136,562
      Realized gains (losses) on sale of
        investments........................             (380,349)             (12,133)                    --              341,760
                                             --------------------  -------------------  --------------------  -------------------
           Net realized gains (losses).....             3,226,538               55,377                    --              478,322
                                             --------------------  -------------------  --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................             9,919,089              (2,874)                    16            1,633,451
                                             --------------------  -------------------  --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................            13,145,627               52,503                    16            2,111,773
                                             --------------------  -------------------  --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $         12,962,860  $            53,069  $              1,919  $         2,056,315
                                             ====================  ===================  ====================  ===================


                                                                        TAP 1919
                                                 T. ROWE PRICE      VARIABLE SOCIALLY
                                                 INTERNATIONAL         RESPONSIVE
                                                     STOCK              BALANCED
                                                  SUB-ACCOUNT          SUB-ACCOUNT
                                             --------------------  -------------------

INVESTMENT INCOME:
      Dividends............................  $             12,365  $             1,792
                                             --------------------  -------------------
EXPENSES:
      Mortality and expense risk and
        other charges......................                 4,499                2,552
      Administrative charges...............                    --                  461
                                             --------------------  -------------------
        Total expenses.....................                 4,499                3,013
                                             --------------------  -------------------
           Net investment income (loss)....                 7,866              (1,221)
                                             --------------------  -------------------
NET REALIZED AND CHANGE IN
   UNREALIZED GAINS (LOSSES)
   ON INVESTMENTS:
      Realized gain distributions..........                 2,013                7,419
      Realized gains (losses) on sale of
        investments........................                 4,872                1,012
                                             --------------------  -------------------
           Net realized gains (losses).....                 6,885                8,431
                                             --------------------  -------------------
      Change in unrealized gains (losses)
        on investments.....................               103,414               33,263
                                             --------------------  -------------------
      Net realized and change in
        unrealized gains (losses)
        on investments.....................               110,299               41,694
                                             --------------------  -------------------
      Net increase (decrease) in net assets
        resulting from operations..........  $            118,165  $            40,473
                                             ====================  ===================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     52



 The accompanying notes are an integral part of these financial statements.


                                     53



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
                     STATEMENTS OF CHANGES IN NET ASSETS
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018





                                         ALGER SMALL CAP GROWTH               AMERICAN FUNDS(R) BOND
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (781,104)  $      (783,531)  $      1,461,469  $      1,286,179
   Net realized gains (losses)....         3,737,212         2,506,536           297,772         (351,944)
   Change in unrealized gains
     (losses) on investments......        10,453,396       (1,172,784)         7,675,646       (3,825,721)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        13,409,504           550,221         9,434,887       (2,891,486)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........           599,159           610,621         8,256,873         8,206,268
   Net transfers (including
     fixed account)...............         (869,004)       (1,035,079)         2,358,631         1,706,180
   Contract charges...............           (5,300)           (5,692)       (1,479,855)       (1,452,123)
   Transfers for contract benefits
     and terminations.............       (4,359,732)       (4,580,523)      (17,442,783)      (17,242,592)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (4,634,877)       (5,010,673)       (8,307,134)       (8,782,267)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............         8,774,627       (4,460,452)         1,127,753      (11,673,753)
NET ASSETS:
   Beginning of year..............        49,200,272        53,660,724       124,089,879       135,763,632
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $     57,974,899  $     49,200,272  $    125,217,632  $    124,089,879
                                    ================  ================  ================  ================


                                                                                  AMERICAN FUNDS(R)
                                      AMERICAN FUNDS(R) GLOBAL GROWTH        GLOBAL SMALL CAPITALIZATION
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                     ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...   $    (1,097,887)  $    (2,438,496)  $    (1,252,281)  $    (1,466,987)
   Net realized gains (losses)....         26,000,642        29,684,138         9,422,352         8,360,286
   Change in unrealized gains
     (losses) on investments......         56,892,670      (56,558,465)        18,336,160      (19,185,609)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............         81,795,425      (29,312,823)        26,506,231      (12,292,310)
                                     ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........          6,149,571         8,298,993         1,755,363         2,006,714
   Net transfers (including
     fixed account)...............        (7,948,917)         4,067,044       (2,747,195)         (901,612)
   Contract charges...............        (3,291,212)       (3,322,569)       (1,030,101)       (1,095,093)
   Transfers for contract benefits
     and terminations.............       (35,512,146)      (33,576,789)      (13,236,268)      (13,234,804)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (40,602,704)      (24,533,321)      (15,258,201)      (13,224,795)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............         41,192,721      (53,846,144)        11,248,030      (25,517,105)
NET ASSETS:
   Beginning of year..............        259,695,866       313,542,010        94,290,816       119,807,921
                                     ----------------  ----------------  ----------------  ----------------
   End of year....................   $    300,888,587  $    259,695,866  $    105,538,846  $     94,290,816
                                     ================  ================  ================  ================



                                         AMERICAN FUNDS(R) GROWTH        AMERICAN FUNDS(R) GROWTH-INCOME
                                                SUB-ACCOUNT                        SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (4,965,829)  $    (8,014,638)  $        561,862  $      (471,898)
   Net realized gains (losses)....        95,913,393       115,675,759        47,138,301        40,643,748
   Change in unrealized gains
     (losses) on investments......        80,734,145     (108,258,017)        33,565,894      (49,812,895)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       171,681,709         (596,896)        81,266,057       (9,641,045)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         1,117,892         1,515,043        14,250,738        14,594,673
   Net transfers (including
     fixed account)...............      (20,652,583)      (47,696,479)       (3,911,379)      (13,147,408)
   Contract charges...............       (7,490,965)       (8,171,428)       (3,964,673)       (3,996,052)
   Transfers for contract benefits
     and terminations.............      (86,439,623)      (91,170,739)      (43,887,787)      (42,325,760)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......     (113,465,279)     (145,523,603)      (37,513,101)      (44,874,547)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        58,216,430     (146,120,499)        43,752,956      (54,515,592)
NET ASSETS:
   Beginning of year..............       639,631,254       785,751,753       348,945,965       403,461,557
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    697,847,684  $    639,631,254  $    392,698,921  $    348,945,965
                                    ================  ================  ================  ================


                                                 BHFTI AB
                                         GLOBAL DYNAMIC ALLOCATION
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $     58,782,343  $      8,039,996
   Net realized gains (losses)....       110,311,801        64,164,541
   Change in unrealized gains
     (losses) on investments......       260,864,540     (326,527,157)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       429,958,684     (254,322,620)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         8,717,754        15,251,199
   Net transfers (including
     fixed account)...............      (33,712,676)      (42,062,422)
   Contract charges...............      (50,463,984)      (52,380,024)
   Transfers for contract benefits
     and terminations.............     (220,750,703)     (205,983,756)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......     (296,209,609)     (285,175,003)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............       133,749,075     (539,497,623)
NET ASSETS:
   Beginning of year..............     2,720,841,165     3,260,338,788
                                    ----------------  ----------------
   End of year....................  $  2,854,590,240  $  2,720,841,165
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     54



 The accompanying notes are an integral part of these financial statements.


                                     55



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                         BHFTI AB             BHFTI AMERICAN FUNDS(R)              BHFTI AMERICAN FUNDS(R)
                                    INTERNATIONAL BOND          BALANCED ALLOCATION                   GROWTH ALLOCATION
                                        SUB-ACCOUNT                 SUB-ACCOUNT                          SUB-ACCOUNT
                                    ------------------  -----------------------------------  ----------------------------------
                                         2019 (a)             2019               2018              2019              2018
                                    ------------------  ----------------  -----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...   $        (5,049)   $      8,815,363  $     (2,370,328)  $      2,343,774  $    (7,127,683)
   Net realized gains (losses)....                296        243,046,837        212,319,736       170,328,703       137,641,704
   Change in unrealized gains
     (losses) on investments......             14,137        258,451,071      (388,736,388)       185,588,681     (262,020,895)
                                    ------------------  ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........              9,384        510,313,271      (178,786,980)       358,261,158     (131,506,874)
                                    ------------------  ----------------  -----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........          1,411,541         73,021,537         61,294,359        32,135,311        22,893,650
   Net transfers (including
     fixed account)...............            134,361         29,098,484         44,467,649         1,437,065        22,422,497
   Contract charges...............               (74)       (42,178,470)       (42,614,398)      (23,516,506)      (23,579,965)
   Transfers for contract benefits
     and terminations.............            (6,398)      (285,562,453)      (332,636,402)     (154,865,870)     (161,542,342)
                                    ------------------  ----------------  -----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....          1,539,430      (225,620,902)      (269,488,792)     (144,810,000)     (139,806,160)
                                    ------------------  ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets.............          1,548,814        284,692,369      (448,275,772)       213,451,158     (271,313,034)
NET ASSETS:
   Beginning of year..............                 --      2,963,267,735      3,411,543,507     1,707,533,593     1,978,846,627
                                    ------------------  ----------------  -----------------  ----------------  ----------------
   End of year....................   $      1,548,814   $  3,247,960,104  $   2,963,267,735  $  1,920,984,751  $  1,707,533,593
                                    ==================  ================  =================  ================  ================


                                                                              BHFTI AMERICAN FUNDS(R)
                                     BHFTI AMERICAN FUNDS(R) GROWTH             MODERATE ALLOCATION
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (8,549,960)  $    (8,619,346)  $      6,897,873  $      3,201,462
   Net realized gains (losses)....       121,675,272       121,096,213        86,539,313        85,894,108
   Change in unrealized gains
     (losses) on investments......        87,139,968     (124,294,726)       102,704,109     (161,087,562)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........       200,265,280      (11,817,859)       196,141,295      (71,991,992)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        74,725,927        59,541,793        39,369,793        34,253,829
   Net transfers (including
     fixed account)...............       (3,156,620)      (11,400,101)         5,126,546      (18,221,324)
   Contract charges...............       (9,441,069)       (8,675,546)      (20,567,156)      (20,944,461)
   Transfers for contract benefits
     and terminations.............      (66,856,794)      (74,447,286)     (126,734,697)     (153,644,415)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....       (4,728,556)      (34,981,140)     (102,805,514)     (158,556,371)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets.............       195,536,724      (46,798,999)        93,335,781     (230,548,363)
NET ASSETS:
   Beginning of year..............       701,041,738       747,840,737     1,402,819,681     1,633,368,044
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    896,578,462  $    701,041,738  $  1,496,155,462  $  1,402,819,681
                                    ================  ================  ================  ================


                                                                               BHFTI BLACKROCK GLOBAL
                                      BHFTI AQR GLOBAL RISK BALANCED             TACTICAL STRATEGIES
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                          2019               2018              2019              2018
                                    ----------------  -----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $     32,248,746  $    (22,454,235)  $   (54,184,311)  $      1,356,341
   Net realized gains (losses)....      (43,868,698)        154,085,883        23,983,940       359,743,139
   Change in unrealized gains
     (losses) on investments......       357,199,846      (301,513,104)       812,711,294     (767,714,106)
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........       345,579,894      (169,881,456)       782,510,923     (406,614,626)
                                    ----------------  -----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         5,515,094          6,372,769        15,886,849        27,556,344
   Net transfers (including
     fixed account)...............      (37,486,145)       (50,527,549)      (42,430,476)      (60,756,484)
   Contract charges...............      (38,925,300)       (39,926,841)      (80,089,212)      (82,936,075)
   Transfers for contract benefits
     and terminations.............     (171,565,658)      (148,697,718)     (363,062,821)     (332,714,991)
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....     (242,462,009)      (232,779,339)     (469,695,660)     (448,851,206)
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets.............       103,117,885      (402,660,795)       312,815,263     (855,465,832)
NET ASSETS:
   Beginning of year..............     1,970,551,063      2,373,211,858     4,296,443,283     5,151,909,115
                                    ----------------  -----------------  ----------------  ----------------
   End of year....................  $  2,073,668,948  $   1,970,551,063  $  4,609,258,546  $  4,296,443,283
                                    ================  =================  ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     56



 The accompanying notes are an integral part of these financial statements.


                                     57



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                                               BHFTI BRIGHTHOUSE ASSET
                                         BHFTI BLACKROCK HIGH YIELD                ALLOCATION 100
                                                 SUB-ACCOUNT                         SUB-ACCOUNT
                                     ----------------------------------  -----------------------------------
                                           2019              2018              2019               2018
                                     ----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $     11,830,538  $      7,827,468  $      (450,429)  $     (3,449,150)
   Net realized gains (losses).....         (698,917)       (1,294,438)        64,417,949         34,511,246
   Change in unrealized gains
     (losses) on investments.......        20,858,394      (16,824,328)        57,930,299       (94,794,873)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............        31,990,015      (10,291,298)       121,897,819       (63,732,777)
                                     ----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        56,193,906        36,481,761         9,302,339          9,099,166
   Net transfers (including
     fixed account)................        23,153,283      (10,255,069)       (9,952,960)        (1,619,355)
   Contract charges................       (3,064,615)       (2,593,200)       (4,829,353)        (4,923,073)
   Transfers for contract benefits
     and terminations..............      (22,292,807)      (22,435,866)      (40,397,256)       (59,754,967)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......        53,989,767         1,197,626      (45,877,230)       (57,198,229)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............        85,979,782       (9,093,672)        76,020,589      (120,931,006)
NET ASSETS:
   Beginning of year...............       223,555,426       232,649,098       494,626,348        615,557,354
                                     ----------------  ----------------  ----------------  -----------------
   End of year.....................  $    309,535,208  $    223,555,426  $    570,646,937  $     494,626,348
                                     ================  ================  ================  =================



                                       BHFTI BRIGHTHOUSE BALANCED PLUS     BHFTI BRIGHTHOUSE SMALL CAP VALUE
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019               2018              2019               2018
                                     ----------------  -----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $     47,694,050  $      20,444,187  $    (1,499,575)  $     (1,352,409)
   Net realized gains (losses).....        53,321,209        686,094,721        19,451,879         18,446,579
   Change in unrealized gains
     (losses) on investments.......     1,366,475,059    (1,370,558,908)        32,185,432       (54,706,228)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............     1,467,490,318      (664,020,000)        50,137,736       (37,612,058)
                                     ----------------  -----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        37,261,825         73,742,871         3,767,339          2,642,961
   Net transfers (including
     fixed account)................        85,358,804        210,959,020         (197,637)        (4,794,883)
   Contract charges................     (124,420,860)      (123,227,586)       (1,806,787)        (1,903,835)
   Transfers for contract benefits
     and terminations..............     (617,107,937)      (528,896,657)      (20,813,789)       (26,883,359)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......     (618,908,168)      (367,422,352)      (19,050,874)       (30,939,116)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............       848,582,150    (1,031,442,352)        31,086,862       (68,551,174)
NET ASSETS:
   Beginning of year...............     6,920,717,677      7,952,160,029       192,491,868        261,043,042
                                     ----------------  -----------------  ----------------  -----------------
   End of year.....................  $  7,769,299,827  $   6,920,717,677  $    223,578,730  $     192,491,868
                                     ================  =================  ================  =================


                                         BHFTI BRIGHTHOUSE/ABERDEEN               BHFTI BRIGHTHOUSE/
                                           EMERGING MARKETS EQUITY               ARTISAN INTERNATIONAL
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019              2018               2019              2018
                                     ----------------  -----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $        489,105  $       4,126,792  $            206  $             430
   Net realized gains (losses).....         3,369,362          3,647,784             7,053              2,098
   Change in unrealized gains
     (losses) on investments.......        59,154,673       (71,732,414)            71,865           (42,515)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............        63,013,140       (63,957,838)            79,124           (39,987)
                                     ----------------  -----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........         3,842,614          4,655,859               320                 --
   Net transfers (including
     fixed account)................      (10,988,477)         25,304,928          (16,855)             31,903
   Contract charges................       (4,650,836)        (4,696,357)             (457)              (488)
   Transfers for contract benefits
     and terminations..............      (31,486,776)       (36,217,115)          (23,391)           (10,132)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (43,283,475)       (10,952,685)          (40,383)             21,283
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............        19,729,665       (74,910,523)            38,741           (18,704)
NET ASSETS:
   Beginning of year...............       352,166,192        427,076,715           292,278            310,982
                                     ----------------  -----------------  ----------------  -----------------
   End of year.....................  $    371,895,857  $     352,166,192  $        331,019  $         292,278
                                     ================  =================  ================  =================


                                           BHFTI BRIGHTHOUSE/EATON
                                             VANCE FLOATING RATE
                                                 SUB-ACCOUNT
                                     -----------------------------------
                                           2019              2018
                                     ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $      2,522,664  $       1,294,171
   Net realized gains (losses).....         (121,735)           (25,963)
   Change in unrealized gains
     (losses) on investments.......         1,814,322        (2,516,203)
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         4,215,251        (1,247,995)
                                     ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        12,856,516         14,449,205
   Net transfers (including
     fixed account)................         3,881,858          7,353,689
   Contract charges................         (824,561)          (590,459)
   Transfers for contract benefits
     and terminations..............       (7,456,791)        (7,617,953)
                                     ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......         8,457,022         13,594,482
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets..............        12,672,273         12,346,487
NET ASSETS:
   Beginning of year...............        74,905,336         62,558,849
                                     ----------------  -----------------
   End of year.....................  $     87,577,609  $      74,905,336
                                     ================  =================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     58



 The accompanying notes are an integral part of these financial statements.


                                     59



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                         BHFTI BRIGHTHOUSE/FRANKLIN           BHFTI BRIGHTHOUSE/TEMPLETON
                                          LOW DURATION TOTAL RETURN               INTERNATIONAL BOND
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019               2018              2019               2018
                                     -----------------  ----------------  -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $       2,576,609  $        325,771  $       2,142,331  $      (543,469)
   Net realized gains (losses).....          (452,919)         (883,368)          (263,370)         (785,527)
   Change in unrealized gains
     (losses) on investments.......          2,053,757       (1,087,840)        (1,953,103)         1,155,692
                                     -----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............          4,177,447       (1,645,437)           (74,142)         (173,304)
                                     -----------------  ----------------  -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........          3,166,891         3,019,132            104,849            96,090
   Net transfers (including
     fixed account)................         13,582,396         2,516,951          2,715,649       (1,138,434)
   Contract charges................        (1,847,333)       (1,851,464)          (483,329)         (534,182)
   Transfers for contract benefits
     and terminations..............       (14,530,497)      (13,947,617)        (2,775,450)       (3,298,940)
                                     -----------------  ----------------  -----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......            371,457      (10,262,998)          (438,281)       (4,875,466)
                                     -----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets..............          4,548,904      (11,908,435)          (512,423)       (5,048,770)
NET ASSETS:
   Beginning of year...............        137,799,742       149,708,177         32,416,554        37,465,324
                                     -----------------  ----------------  -----------------  ----------------
   End of year.....................  $     142,348,646  $    137,799,742  $      31,904,131  $     32,416,554
                                     =================  ================  =================  ================


                                        BHFTI BRIGHTHOUSE/WELLINGTON
                                             LARGE CAP RESEARCH           BHFTI CLARION GLOBAL REAL ESTATE
                                                 SUB-ACCOUNT                         SUB-ACCOUNT
                                     ----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                     ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $      (103,938)  $      (127,648)  $      3,645,890  $     10,990,701
   Net realized gains (losses).....         2,168,450         2,430,231         2,358,814           153,417
   Change in unrealized gains
     (losses) on investments.......         1,849,415       (3,419,013)        41,816,286      (36,679,711)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         3,913,927       (1,116,430)        47,820,990      (25,535,593)
                                     ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........            32,571            23,271         3,077,401         2,810,811
   Net transfers (including
     fixed account)................         (301,984)         (262,709)      (10,095,622)         (132,497)
   Contract charges................         (196,966)         (199,638)       (2,662,301)       (2,674,044)
   Transfers for contract benefits
     and terminations..............       (1,070,134)         (983,002)      (26,021,556)      (24,752,380)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......       (1,536,513)       (1,422,078)      (35,702,078)      (24,748,110)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets..............         2,377,414       (2,538,508)        12,118,912      (50,283,703)
NET ASSETS:
   Beginning of year...............        13,723,171        16,261,679       219,199,553       269,483,256
                                     ----------------  ----------------  ----------------  ----------------
   End of year.....................  $     16,100,585  $     13,723,171  $    231,318,465  $    219,199,553
                                     ================  ================  ================  ================


                                                BHFTI HARRIS                        BHFTI INVESCO
                                            OAKMARK INTERNATIONAL             BALANCED-RISK ALLOCATION
                                                 SUB-ACCOUNT                         SUB-ACCOUNT
                                     ----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                     ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $      3,525,809  $        768,693  $   (12,716,951)  $    (2,009,648)
   Net realized gains (losses).....        37,115,741        29,789,069       (6,034,292)        70,854,862
   Change in unrealized gains
     (losses) on investments.......        71,856,958     (196,507,060)       137,692,596     (145,711,399)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............       112,498,508     (165,949,298)       118,941,353      (76,866,185)
                                     ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        10,467,749        15,524,018         7,724,118        14,935,646
   Net transfers (including
     fixed account)................       (5,859,790)        56,104,531       (7,875,899)       (9,305,569)
   Contract charges................       (6,110,532)       (6,242,256)      (16,310,573)      (16,727,549)
   Transfers for contract benefits
     and terminations..............      (45,336,669)      (58,620,436)      (71,439,632)      (61,893,383)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (46,839,242)         6,765,857      (87,901,986)      (72,990,855)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets..............        65,659,266     (159,183,441)        31,039,367     (149,857,040)
NET ASSETS:
   Beginning of year...............       506,604,107       665,787,548       895,562,846     1,045,419,886
                                     ----------------  ----------------  ----------------  ----------------
   End of year.....................  $    572,263,373  $    506,604,107  $    926,602,213  $    895,562,846
                                     ================  ================  ================  ================



                                           BHFTI INVESCO COMSTOCK
                                                 SUB-ACCOUNT
                                     -----------------------------------
                                           2019               2018
                                     ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $      4,351,946  $     (5,946,041)
   Net realized gains (losses).....        85,950,268         78,083,033
   Change in unrealized gains
     (losses) on investments.......        43,190,352      (162,972,006)
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............       133,492,566       (90,835,014)
                                     ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        15,616,958         14,956,081
   Net transfers (including
     fixed account)................         9,330,111       (12,196,277)
   Contract charges................       (7,585,121)        (8,119,649)
   Transfers for contract benefits
     and terminations..............      (76,014,460)       (81,498,750)
                                     ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (58,652,512)       (86,858,595)
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets..............        74,840,054      (177,693,609)
NET ASSETS:
   Beginning of year...............       594,306,823        772,000,432
                                     ----------------  -----------------
   End of year.....................  $    669,146,877  $     594,306,823
                                     ================  =================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     60



 The accompanying notes are an integral part of these financial statements.


                                     61



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018





                                        BHFTI INVESCO GLOBAL EQUITY      BHFTI INVESCO SMALL CAP GROWTH
                                                SUB-ACCOUNT                        SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019             2018               2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (347,790)  $      (276,245)  $    (4,833,171)  $    (5,122,349)
   Net realized gains (losses)....         8,525,105         8,781,896        51,599,513        45,068,522
   Change in unrealized gains
     (losses) on investments......         5,917,554      (16,700,241)        15,487,989      (70,770,383)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        14,094,869       (8,194,590)        62,254,331      (30,824,210)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........            29,492            47,485        16,835,117        16,733,472
   Net transfers (including
     fixed account)...............         (704,409)         (537,180)         3,763,285           220,199
   Contract charges...............         (481,149)         (523,472)       (3,258,166)       (3,212,415)
   Transfers for contract benefits
     and terminations.............       (7,265,968)       (7,781,202)      (28,067,126)      (34,455,425)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (8,422,034)       (8,794,369)      (10,726,890)      (20,714,169)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............         5,672,835      (16,988,959)        51,527,441      (51,538,379)
NET ASSETS:
   Beginning of year..............        49,942,988        66,931,947       277,369,783       328,908,162
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $     55,615,823  $     49,942,988  $    328,897,224  $    277,369,783
                                    ================  ================  ================  ================


                                                                                  BHFTI JPMORGAN
                                        BHFTI JPMORGAN CORE BOND             GLOBAL ACTIVE ALLOCATION
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019               2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      9,416,790  $      4,027,160  $     16,171,542  $      3,112,341
   Net realized gains (losses)....         (560,477)       (2,143,941)         5,468,222        68,768,767
   Change in unrealized gains
     (losses) on investments......        11,447,422       (7,403,285)       145,551,085     (176,576,936)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        20,303,735       (5,520,066)       167,190,849     (104,695,828)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        13,571,174         7,456,783        11,815,717        22,728,866
   Net transfers (including
     fixed account)...............        18,018,893         3,338,216      (17,693,622)       132,151,847
   Contract charges...............       (4,311,313)       (4,373,478)      (19,780,240)      (19,815,102)
   Transfers for contract benefits
     and terminations.............      (27,374,015)      (30,639,651)      (86,078,278)      (70,377,478)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (95,261)      (24,218,130)     (111,736,423)        64,688,133
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        20,208,474      (29,738,196)        55,454,426      (40,007,695)
NET ASSETS:
   Beginning of year..............       313,000,009       342,738,205     1,135,038,317     1,175,046,012
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    333,208,483  $    313,000,009  $  1,190,492,743  $  1,135,038,317
                                    ================  ================  ================  ================


                                                   BHFTI                           BHFTI LOOMIS
                                         JPMORGAN SMALL CAP VALUE            SAYLES GLOBAL ALLOCATION
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                     ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...   $       (79,202)  $       (98,298)  $       (88,095)  $        433,972
   Net realized gains (losses)....          2,109,972         1,898,020        17,318,740        15,053,039
   Change in unrealized gains
     (losses) on investments......          1,237,629       (5,084,957)        17,143,175      (25,413,434)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............          3,268,399       (3,285,235)        34,373,820       (9,926,423)
                                     ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........             57,542            90,111         5,936,700         4,562,863
   Net transfers (including
     fixed account)...............            990,016         (336,694)         (630,169)         2,028,305
   Contract charges...............          (255,224)         (284,025)       (1,729,948)       (1,660,014)
   Transfers for contract benefits
     and terminations.............        (1,562,329)       (1,726,003)      (13,222,288)      (14,509,884)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (769,995)       (2,256,611)       (9,645,705)       (9,578,730)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............          2,498,404       (5,541,846)        24,728,115      (19,505,153)
NET ASSETS:
   Beginning of year..............         18,754,326        24,296,172       138,105,130       157,610,283
                                     ----------------  ----------------  ----------------  ----------------
   End of year....................   $     21,252,730  $     18,754,326  $    162,833,245  $    138,105,130
                                     ================  ================  ================  ================



                                        BHFTI LOOMIS SAYLES GROWTH
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (3,057,891)  $    (4,562,646)
   Net realized gains (losses)....        70,663,471        58,276,950
   Change in unrealized gains
     (losses) on investments......         8,944,410      (83,760,460)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        76,549,990      (30,046,156)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         5,519,690         5,065,547
   Net transfers (including
     fixed account)...............       (5,193,314)      (30,190,633)
   Contract charges...............       (4,334,159)       (4,697,753)
   Transfers for contract benefits
     and terminations.............      (39,516,770)      (45,490,259)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (43,524,553)      (75,313,098)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............        33,025,437     (105,359,254)
NET ASSETS:
   Beginning of year..............       367,812,591       473,171,845
                                    ----------------  ----------------
   End of year....................  $    400,838,028  $    367,812,591
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     62



 The accompanying notes are an integral part of these financial statements.


                                     63



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                              BHFTI METLIFE                        BHFTI MFS(R)
                                        MULTI-INDEX TARGETED RISK             RESEARCH INTERNATIONAL
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      7,978,683  $      4,117,849  $      (524,133)  $       1,013,371
   Net realized gains (losses)....         5,398,377        64,250,463        13,732,311          3,869,459
   Change in unrealized gains
     (losses) on investments......       159,635,566     (149,317,791)        41,889,030       (44,456,699)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       173,012,626      (80,949,479)        55,097,208       (39,573,869)
                                    ----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        10,071,025        23,241,575         3,986,101          4,414,256
   Net transfers (including
     fixed account)...............        12,669,983        28,531,829       (2,087,604)          3,477,530
   Contract charges...............      (15,923,753)      (15,295,603)       (2,304,149)        (2,371,613)
   Transfers for contract benefits
     and terminations.............      (63,669,973)      (54,375,580)      (24,457,777)       (24,819,595)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (56,852,718)      (17,897,779)      (24,863,429)       (19,299,422)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets..............       116,159,908      (98,847,258)        30,233,779       (58,873,291)
NET ASSETS:
   Beginning of year..............       878,288,064       977,135,322       217,709,174        276,582,465
                                    ----------------  ----------------  ----------------  -----------------
   End of year....................  $    994,447,972  $    878,288,064  $    247,942,953  $     217,709,174
                                    ================  ================  ================  =================


                                                                                  BHFTI PANAGORA
                                     BHFTI MORGAN STANLEY DISCOVERY           GLOBAL DIVERSIFIED RISK
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018              2019               2018
                                    ----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (3,761,155)  $    (3,685,094)  $      2,499,544  $     (1,909,762)
   Net realized gains (losses)....        71,732,273        72,960,411           692,530         10,348,036
   Change in unrealized gains
     (losses) on investments......        15,540,051      (44,253,416)        20,513,707       (20,920,173)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        83,511,169        25,021,901        23,705,781       (12,481,899)
                                    ----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         8,049,269         6,177,966         2,541,221          4,414,988
   Net transfers (including
     fixed account)...............      (24,778,029)      (28,831,448)         9,188,670       (18,830,787)
   Contract charges...............       (3,352,540)       (3,217,551)       (2,244,207)        (2,144,779)
   Transfers for contract benefits
     and terminations.............      (28,240,530)      (22,503,501)       (8,599,018)        (8,078,654)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (48,321,830)      (48,374,534)           886,666       (24,639,232)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets..............        35,189,339      (23,352,633)        24,592,447       (37,121,131)
NET ASSETS:
   Beginning of year..............       222,695,855       246,048,488       117,135,727        154,256,858
                                    ----------------  ----------------  ----------------  -----------------
   End of year....................  $    257,885,194  $    222,695,855  $    141,728,174  $     117,135,727
                                    ================  ================  ================  =================


                                               BHFTI PIMCO
                                        INFLATION PROTECTED BOND             BHFTI PIMCO TOTAL RETURN
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $     10,086,240  $          8,361  $     17,872,682  $     (2,876,706)
   Net realized gains (losses)....       (6,108,924)       (8,730,078)       (1,950,525)        (9,864,205)
   Change in unrealized gains
     (losses) on investments......        31,705,123      (15,750,336)        72,057,828       (14,647,929)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        35,682,439      (24,472,053)        87,979,985       (27,388,840)
                                    ----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         7,202,977         6,039,554        24,475,872         17,825,076
   Net transfers (including
     fixed account)...............         7,085,632         7,752,448        11,588,625         11,041,138
   Contract charges...............       (7,369,085)       (7,729,682)      (17,124,515)       (17,665,894)
   Transfers for contract benefits
     and terminations.............      (50,423,950)      (57,582,596)     (113,500,903)      (134,258,489)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (43,504,426)      (51,520,276)      (94,560,921)      (123,058,169)
                                    ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
       in net assets..............       (7,821,987)      (75,992,329)       (6,580,936)      (150,447,009)
NET ASSETS:
   Beginning of year..............       557,952,618       633,944,947     1,331,823,874      1,482,270,883
                                    ----------------  ----------------  ----------------  -----------------
   End of year....................  $    550,130,631  $    557,952,618  $  1,325,242,938  $   1,331,823,874
                                    ================  ================  ================  =================


                                             BHFTI SCHRODERS
                                           GLOBAL MULTI-ASSET
                                               SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        696,462  $      2,601,382
   Net realized gains (losses)....         5,021,115        53,541,997
   Change in unrealized gains
     (losses) on investments......       157,783,224     (146,584,465)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       163,500,801      (90,441,086)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         4,702,752         9,919,602
   Net transfers (including
     fixed account)...............      (31,282,137)       388,766,183
   Contract charges...............      (15,269,294)      (14,617,056)
   Transfers for contract benefits
     and terminations.............      (67,616,803)      (54,649,494)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......     (109,465,482)       329,419,235
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............        54,035,319       238,978,149
NET ASSETS:
   Beginning of year..............       867,708,307       628,730,158
                                    ----------------  ----------------
   End of year....................  $    921,743,626  $    867,708,307
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     64



 The accompanying notes are an integral part of these financial statements.


                                     65



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                       BHFTI SSGA
                                    EMERGING MARKETS              BHFTI SSGA
                                     ENHANCED INDEX          GROWTH AND INCOME ETF               BHFTI SSGA GROWTH ETF
                                       SUB-ACCOUNT                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------  ----------------------------------  ----------------------------------
                                        2019 (A)            2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        (2,420)  $      9,782,306  $     10,289,954  $      1,741,977  $      2,195,170
   Net realized gains (losses)....               136        64,075,683        68,543,923        30,296,962        35,811,101
   Change in unrealized gains
     (losses) on investments......            66,705       117,960,827     (175,633,547)        45,484,805      (82,579,909)
                                    ----------------  ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            64,421       191,818,816      (96,799,670)        77,523,744      (44,573,638)
                                    ----------------  ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........           638,345        15,551,863        16,604,269         4,338,359         3,535,668
   Net transfers (including
     fixed account)...............           169,566       (4,518,577)      (13,699,335)       (6,164,289)       (3,122,870)
   Contract charges...............             (194)      (16,523,705)      (17,065,331)       (5,480,945)       (5,724,715)
   Transfers for contract benefits
     and terminations.............             (813)      (95,612,954)     (114,338,098)      (32,041,466)      (49,423,477)
                                    ----------------  ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......           806,904     (101,103,373)     (128,498,495)      (39,348,341)      (54,735,394)
                                    ----------------  ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............           871,325        90,715,443     (225,298,165)        38,175,403      (99,309,032)
NET ASSETS:
   Beginning of year..............                --     1,115,176,743     1,340,474,908       392,931,024       492,240,056
                                    ----------------  ----------------  ----------------  ----------------  ----------------
   End of year....................  $        871,325  $  1,205,892,186  $  1,115,176,743  $    431,106,427  $    392,931,024
                                    ================  ================  ================  ================  ================



                                                   BHFTI                           BHFTI T. ROWE
                                       T. ROWE PRICE LARGE CAP VALUE           PRICE MID CAP GROWTH
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      4,375,171  $      2,390,778  $    (7,385,840)  $    (7,793,682)
   Net realized gains (losses)....        84,505,088        83,860,860        89,238,257        81,061,225
   Change in unrealized gains
     (losses) on investments......        63,479,038     (160,474,054)        38,200,995      (86,334,850)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       152,359,297      (74,222,416)       120,053,412      (13,067,307)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        21,425,566        17,158,944        23,396,515        15,406,378
   Net transfers (including
     fixed account)...............       (4,693,302)       (5,348,805)      (17,060,466)      (17,958,274)
   Contract charges...............       (4,755,973)       (4,697,152)       (4,953,782)       (4,891,010)
   Transfers for contract benefits
     and terminations.............      (69,661,865)      (82,582,609)      (44,532,130)      (54,347,620)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (57,685,574)      (75,469,622)      (43,149,863)      (61,790,526)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        94,673,723     (149,692,038)        76,903,549      (74,857,833)
NET ASSETS:
   Beginning of year..............       635,360,934       785,052,972       425,595,931       500,453,764
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    730,034,657  $    635,360,934  $    502,499,480  $    425,595,931
                                    ================  ================  ================  ================



                                                                                  BHFTI VICTORY
                                       BHFTI TCW CORE FIXED INCOME           SYCAMORE MID CAP VALUE
                                               SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $          6,628  $          3,115  $      (943,102)  $    (2,369,206)
   Net realized gains (losses)....             1,912           (1,609)         8,355,870        49,146,976
   Change in unrealized gains
     (losses) on investments......            13,686           (6,630)        44,978,552      (71,450,699)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            22,226           (5,124)        52,391,320      (24,672,929)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........               450             4,506         4,052,455         5,269,753
   Net transfers (including
     fixed account)...............            14,930          (20,026)       (6,629,169)      (21,287,632)
   Contract charges...............             (227)             (226)       (2,906,242)       (3,075,780)
   Transfers for contract benefits
     and terminations.............          (64,938)          (21,993)      (21,649,949)      (22,412,478)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (49,785)          (37,739)      (27,132,905)      (41,506,137)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............          (27,559)          (42,863)        25,258,415      (66,179,066)
NET ASSETS:
   Beginning of year..............           305,946           348,809       201,225,901       267,404,967
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        278,387  $        305,946  $    226,484,316  $    201,225,901
                                    ================  ================  ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     66



 The accompanying notes are an integral part of these financial statements.


                                     67



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                BHFTI WELLS                     BHFTI WESTERN ASSET
                                     CAPITAL MANAGEMENT MID CAP VALUE      MANAGEMENT GOVERNMENT INCOME
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                          2019              2018               2019              2018
                                    ----------------  ----------------   ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (1,146,923)  $      (814,715)   $      7,136,503  $      7,480,701
   Net realized gains (losses)....         1,888,121         8,841,843          (914,407)       (4,246,293)
   Change in unrealized gains
     (losses) on investments......        34,508,984      (27,509,855)         24,111,233      (12,308,508)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........        35,250,182      (19,482,727)         30,333,329       (9,074,100)
                                    ----------------  ----------------   ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         1,380,233           999,929          5,356,871         3,554,160
   Net transfers (including
     fixed account)...............       (6,227,505)        11,828,280         28,553,867        10,413,217
   Contract charges...............       (1,203,688)       (1,134,069)       (10,087,991)      (10,124,804)
   Transfers for contract benefits
     and terminations.............      (11,509,862)      (12,957,925)       (62,894,926)      (56,916,755)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....      (17,560,822)       (1,263,785)       (39,072,179)      (53,074,182)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
        in net assets.............        17,689,360      (20,746,512)        (8,738,850)      (62,148,282)
NET ASSETS:
   Beginning of year..............       111,542,477       132,288,989        513,955,358       576,103,640
                                    ----------------  ----------------   ----------------  ----------------
   End of year....................  $    129,231,837  $    111,542,477   $    505,216,508  $    513,955,358
                                    ================  ================   ================  ================


                                              BHFTII BAILLIE
                                        GIFFORD INTERNATIONAL STOCK         BHFTII BLACKROCK BOND INCOME
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  -----------------------------------
                                           2019              2018              2019               2018
                                    -----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $       (977,431)  $    (1,467,878)  $      1,707,970  $       1,158,043
   Net realized gains (losses)....         19,975,618         7,060,425          (36,631)          (316,573)
   Change in unrealized gains
     (losses) on investments......         37,596,240      (49,728,013)         4,591,607        (2,334,812)
                                    -----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........         56,594,427      (44,135,466)         6,262,946        (1,493,342)
                                    -----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........          2,250,886         2,370,118        16,577,328          8,620,273
   Net transfers (including
     fixed account)...............       (10,427,268)        14,960,218         6,003,098          1,524,689
   Contract charges...............        (2,844,574)       (2,905,414)         (940,842)          (778,446)
   Transfers for contract benefits
     and terminations.............       (18,098,711)      (24,388,602)       (7,736,651)        (5,922,930)
                                    -----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....       (29,119,667)       (9,963,680)        13,902,933          3,443,586
                                    -----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets.............         27,474,760      (54,099,146)        20,165,879          1,950,244
NET ASSETS:
   Beginning of year..............        196,377,713       250,476,859        74,443,334         72,493,090
                                    -----------------  ----------------  ----------------  -----------------
   End of year....................  $     223,852,473  $    196,377,713  $     94,609,213  $      74,443,334
                                    =================  ================  ================  =================


                                                  BHFTII                              BHFTII
                                      BLACKROCK CAPITAL APPRECIATION      BLACKROCK ULTRA-SHORT TERM BOND
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018               2019              2018
                                    ----------------  ----------------   ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (523,529)  $      (310,878)   $       (96,428)  $    (2,287,157)
   Net realized gains (losses)....         6,720,357         3,425,333            971,434           659,466
   Change in unrealized gains
     (losses) on investments......         3,385,703       (4,328,210)             19,271         1,557,185
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........         9,582,531       (1,213,755)            894,277          (70,506)
                                    ----------------  ----------------   ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        18,435,997         7,885,189         14,838,120        12,790,774
   Net transfers (including
     fixed account)...............         1,826,055         5,498,963         38,331,370        56,409,768
   Contract charges...............         (305,726)         (166,214)        (3,733,811)       (3,572,402)
   Transfers for contract benefits
     and terminations.............       (3,348,693)       (1,777,307)       (59,534,175)      (68,488,642)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....        16,607,633        11,440,631       (10,098,496)       (2,860,502)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
        in net assets.............        26,190,164        10,226,876        (9,204,219)       (2,931,008)
NET ASSETS:
   Beginning of year..............        26,500,659        16,273,783        290,964,126       293,895,134
                                    ----------------  ----------------   ----------------  ----------------
   End of year....................  $     52,690,823  $     26,500,659   $    281,759,907  $    290,964,126
                                    ================  ================   ================  ================


                                                  BHFTII
                                      BRIGHTHOUSE ASSET ALLOCATION 20
                                                SUB-ACCOUNT
                                    -----------------------------------
                                           2019              2018
                                    -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $         658,831  $        597,120
   Net realized gains (losses)....          2,192,089           636,916
   Change in unrealized gains
     (losses) on investments......          8,207,052       (5,440,948)
                                    -----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations...........         11,057,972       (4,206,912)
                                    -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........          3,272,294         1,839,197
   Net transfers (including
     fixed account)...............         23,987,700        21,601,428
   Contract charges...............        (1,439,526)       (1,119,738)
   Transfers for contract benefits
     and terminations.............       (12,667,475)      (16,902,618)
                                    -----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.....         13,152,993         5,418,269
                                    -----------------  ----------------
     Net increase (decrease)
        in net assets.............         24,210,965         1,211,357
NET ASSETS:
   Beginning of year..............        104,881,125       103,669,768
                                    -----------------  ----------------
   End of year....................  $     129,092,090  $    104,881,125
                                    =================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     68



 The accompanying notes are an integral part of these financial statements.


                                     69



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                             BHFTII BRIGHTHOUSE                   BHFTII BRIGHTHOUSE
                                             ASSET ALLOCATION 40                  ASSET ALLOCATION 60
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019              2018               2019               2018
                                     ----------------  -----------------  -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $     18,984,108  $      14,408,883  $      21,404,140  $      3,790,418
   Net realized gains (losses).....       131,283,066         81,772,333        408,369,628       215,494,786
   Change in unrealized gains
     (losses) on investments.......       257,100,306      (294,921,005)        482,130,702     (667,253,153)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............       407,367,480      (198,739,789)        911,904,470     (447,967,949)
                                     ----------------  -----------------  -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        12,662,983         11,201,589         35,977,879        34,039,161
   Net transfers (including
     fixed account)................      (10,731,252)       (83,510,949)       (23,362,167)      (51,910,411)
   Contract charges................      (39,967,976)       (42,313,569)       (66,164,745)      (68,995,140)
   Transfers for contract benefits
     and terminations..............     (330,149,936)      (373,771,375)      (527,765,871)     (627,924,141)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......     (368,186,181)      (488,394,304)      (581,314,904)     (714,790,531)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets..............        39,181,299      (687,134,093)        330,589,566   (1,162,758,480)
NET ASSETS:
   Beginning of year...............     3,095,758,853      3,782,892,946      5,413,952,175     6,576,710,655
                                     ----------------  -----------------  -----------------  ----------------
   End of year.....................  $  3,134,940,152  $   3,095,758,853  $   5,744,541,741  $  5,413,952,175
                                     ================  =================  =================  ================


                                             BHFTII BRIGHTHOUSE                          BHFTII
                                             ASSET ALLOCATION 80            BRIGHTHOUSE/ARTISAN MID CAP VALUE
                                                 SUB-ACCOUNT                           SUB-ACCOUNT
                                     ------------------------------------  -----------------------------------
                                            2019              2018               2019               2018
                                     -----------------  -----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $       7,344,896  $    (17,648,061)  $    (1,800,415)  $     (2,299,256)
   Net realized gains (losses).....        498,374,036        259,779,715        20,859,272         14,200,038
   Change in unrealized gains
     (losses) on investments.......        513,656,679      (759,581,911)        13,459,189       (38,603,934)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............      1,019,375,611      (517,450,257)        32,518,046       (26,703,152)
                                     -----------------  -----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........         14,985,876         20,368,804         1,913,641          1,726,610
   Net transfers (including
     fixed account)................       (71,005,061)       (52,307,796)         (478,591)        (5,133,638)
   Contract charges................       (57,512,371)       (59,323,746)       (1,210,973)        (1,296,295)
   Transfers for contract benefits
     and terminations..............      (435,027,987)      (499,428,393)      (15,301,188)       (21,304,120)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (548,559,543)      (590,691,131)      (15,077,111)       (26,007,443)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............        470,816,068    (1,108,141,388)        17,440,935       (52,710,595)
NET ASSETS:
   Beginning of year...............      4,888,889,937      5,997,031,325       154,625,972        207,336,567
                                     -----------------  -----------------  ----------------  -----------------
   End of year.....................  $   5,359,706,005  $   4,888,889,937  $    172,066,907  $     154,625,972
                                     =================  =================  ================  =================


                                       BHFTII BRIGHTHOUSE/DIMENSIONAL        BHFTII BRIGHTHOUSE/WELLINGTON
                                         INTERNATIONAL SMALL COMPANY           CORE EQUITY OPPORTUNITIES
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  ------------------------------------
                                           2019               2018               2019              2018
                                     -----------------  ----------------  -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $       (334,258)  $        632,796  $         (5,147)  $       1,080,770
   Net realized gains (losses).....          4,216,827         5,120,014         79,953,452         58,237,340
   Change in unrealized gains
     (losses) on investments.......          8,098,666      (21,675,154)        108,256,529       (66,761,339)
                                     -----------------  ----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         11,981,235      (15,922,344)        188,204,834        (7,443,229)
                                     -----------------  ----------------  -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........          1,515,043         2,966,681         10,520,496          6,479,546
   Net transfers (including
     fixed account)................          (107,020)         6,535,170       (31,528,035)       (46,346,269)
   Contract charges................          (693,666)         (706,702)        (7,651,571)        (7,811,977)
   Transfers for contract benefits
     and terminations..............        (4,627,720)       (7,345,339)       (79,280,128)       (86,772,379)
                                     -----------------  ----------------  -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......        (3,913,363)         1,449,810      (107,939,238)      (134,451,079)
                                     -----------------  ----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets..............          8,067,872      (14,472,534)         80,265,596      (141,894,308)
NET ASSETS:
   Beginning of year...............         57,864,977        72,337,511        689,411,811        831,306,119
                                     -----------------  ----------------  -----------------  -----------------
   End of year.....................  $      65,932,849  $     57,864,977  $     769,677,407  $     689,411,811
                                     =================  ================  =================  =================



                                       BHFTII FRONTIER MID CAP GROWTH
                                                 SUB-ACCOUNT
                                     ----------------------------------
                                           2019              2018
                                     ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $    (1,077,727)  $    (1,110,604)
   Net realized gains (losses).....        10,343,995         9,846,359
   Change in unrealized gains
     (losses) on investments.......         8,407,102      (13,105,567)
                                     ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............        17,673,370       (4,369,812)
                                     ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........         2,228,748           961,242
   Net transfers (including
     fixed account)................       (1,490,814)       (2,475,917)
   Contract charges................         (672,717)         (668,707)
   Transfers for contract benefits
     and terminations..............       (5,872,837)       (6,911,041)
                                     ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......       (5,807,620)       (9,094,423)
                                     ----------------  ----------------
     Net increase (decrease)
        in net assets..............        11,865,750      (13,464,235)
NET ASSETS:
   Beginning of year...............        59,173,615        72,637,850
                                     ----------------  ----------------
   End of year.....................  $     71,039,365  $     59,173,615
                                     ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     70



 The accompanying notes are an integral part of these financial statements.


                                     71



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                                                     BHFTII
                                          BHFTII JENNISON GROWTH          LOOMIS SAYLES SMALL CAP CORE
                                                SUB-ACCOUNT                        SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (7,051,149)  $    (7,671,050)  $      (232,590)  $      (252,149)
   Net realized gains (losses)....        86,697,280        95,640,583         1,475,932         1,717,960
   Change in unrealized gains
     (losses) on investments......        54,079,391      (90,743,540)         1,490,922       (3,235,985)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       133,725,522       (2,774,007)         2,734,264       (1,770,174)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        11,595,186        11,797,946            13,304            41,211
   Net transfers (including
     fixed account)...............       (9,232,001)       (2,864,706)         (129,657)           276,989
   Contract charges...............       (4,435,552)       (4,206,805)         (190,505)         (198,638)
   Transfers for contract benefits
     and terminations.............      (49,129,470)      (55,263,650)         (984,847)         (648,874)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (51,201,837)      (50,537,215)       (1,291,705)         (529,312)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        82,523,685      (53,311,222)         1,442,559       (2,299,486)
NET ASSETS:
   Beginning of year..............       453,769,065       507,080,287        12,183,847        14,483,333
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    536,292,750  $    453,769,065  $     13,626,406  $     12,183,847
                                    ================  ================  ================  ================


                                                 BHFTII                               BHFTII
                                     LOOMIS SAYLES SMALL CAP GROWTH        METLIFE AGGREGATE BOND INDEX
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        (3,659)  $        (3,814)  $      4,611,202  $      4,145,351
   Net realized gains (losses)....            47,518            56,859         (566,948)       (2,275,005)
   Change in unrealized gains
     (losses) on investments......            22,564          (50,854)        15,835,305       (8,007,320)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            66,423             2,191        19,879,559       (6,136,974)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........             9,127                --         9,651,251         6,507,008
   Net transfers (including
     fixed account)...............          (32,498)            43,369        26,770,100        16,545,609
   Contract charges...............           (1,182)           (1,161)       (4,356,581)       (4,146,075)
   Transfers for contract benefits
     and terminations.............         (102,547)          (88,583)      (33,655,218)      (31,907,003)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......         (127,100)          (46,375)       (1,590,448)      (13,000,461)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............          (60,677)          (44,184)        18,289,111      (19,137,435)
NET ASSETS:
   Beginning of year..............           299,873           344,057       294,247,365       313,384,800
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        239,196  $        299,873  $    312,536,476  $    294,247,365
                                    ================  ================  ================  ================


                                                  BHFTII                              BHFTII
                                        METLIFE MID CAP STOCK INDEX         METLIFE MSCI EAFE(R) INDEX
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018              2019               2018
                                    ----------------  ----------------   ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (492,428)  $      (729,282)   $      1,144,612  $      1,545,569
   Net realized gains (losses)....        16,515,903        17,548,892          1,876,557         1,420,914
   Change in unrealized gains
     (losses) on investments......        16,261,001      (36,439,302)         17,427,733      (21,678,671)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        32,284,476      (19,619,692)         20,448,902      (18,712,188)
                                    ----------------  ----------------   ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         8,731,883         6,914,692          6,701,313         5,932,657
   Net transfers (including
     fixed account)...............         (371,747)       (1,605,908)          (903,184)         5,961,906
   Contract charges...............       (1,341,267)       (1,330,824)        (1,185,027)       (1,154,457)
   Transfers for contract benefits
     and terminations.............      (13,145,938)      (13,846,354)       (10,018,105)       (9,906,769)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (6,127,069)       (9,868,394)        (5,405,003)           833,337
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
       in net assets..............        26,157,407      (29,488,086)         15,043,899      (17,878,851)
NET ASSETS:
   Beginning of year..............       136,815,747       166,303,833        104,406,755       122,285,606
                                    ----------------  ----------------   ----------------  ----------------
   End of year....................  $    162,973,154  $    136,815,747   $    119,450,654  $    104,406,755
                                    ================  ================   ================  ================


                                                 BHFTII
                                      METLIFE RUSSELL 2000(R) INDEX
                                               SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (882,902)  $    (1,016,598)
   Net realized gains (losses)....        16,995,143        15,075,076
   Change in unrealized gains
     (losses) on investments......        15,284,497      (32,956,301)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        31,396,738      (18,897,823)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        11,185,140         8,126,146
   Net transfers (including
     fixed account)...............         (949,689)         7,004,555
   Contract charges...............       (1,445,733)       (1,370,455)
   Transfers for contract benefits
     and terminations.............      (12,221,469)      (12,975,022)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (3,431,751)           785,224
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............        27,964,987      (18,112,599)
NET ASSETS:
   Beginning of year..............       134,269,548       152,382,147
                                    ----------------  ----------------
   End of year....................  $    162,234,535  $    134,269,548
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     72



 The accompanying notes are an integral part of these financial statements.


                                     73



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018





                                        BHFTII METLIFE STOCK INDEX         BHFTII MFS(R) TOTAL RETURN
                                                SUB-ACCOUNT                        SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      2,803,650  $        490,599  $        245,457  $        240,474
   Net realized gains (losses)....        69,552,511        64,349,783         1,969,850         2,985,938
   Change in unrealized gains
     (losses) on investments......        85,754,538     (101,504,078)         3,988,407       (6,093,267)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............       158,110,699      (36,663,696)         6,203,714       (2,866,855)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        28,008,791        19,480,075           300,780           364,831
   Net transfers (including
     fixed account)...............      (14,015,124)         9,775,718       (1,124,389)         (244,296)
   Contract charges...............       (5,053,370)       (4,854,612)         (279,927)         (316,189)
   Transfers for contract benefits
     and terminations.............      (51,943,862)      (64,969,331)       (3,597,912)       (3,991,269)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (43,003,565)      (40,568,150)       (4,701,448)       (4,186,923)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............       115,107,134      (77,231,846)         1,502,266       (7,053,778)
NET ASSETS:
   Beginning of year..............       561,844,816       639,076,662        35,831,790        42,885,568
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    676,951,950  $    561,844,816  $     37,334,056  $     35,831,790
                                    ================  ================  ================  ================



                                           BHFTII MFS(R) VALUE           BHFTII NEUBERGER BERMAN GENESIS
                                               SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        509,419  $      (735,962)  $    (1,953,400)  $    (1,930,848)
   Net realized gains (losses)....        18,966,867        20,158,682        19,797,975        22,489,378
   Change in unrealized gains
     (losses) on investments......        47,338,191      (51,764,838)        11,426,070      (29,833,570)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        66,814,477      (32,342,118)        29,270,645       (9,275,040)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         8,566,381         6,583,715         4,485,526         1,862,706
   Net transfers (including
     fixed account)...............       (1,288,743)          (71,834)         (414,700)       (4,984,142)
   Contract charges...............       (2,969,393)       (3,036,955)       (1,147,763)       (1,162,334)
   Transfers for contract benefits
     and terminations.............      (22,496,628)      (25,226,829)      (10,538,106)      (13,172,700)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (18,188,383)      (21,751,903)       (7,615,043)      (17,456,470)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        48,626,094      (54,094,021)        21,655,602      (26,731,510)
NET ASSETS:
   Beginning of year..............       247,115,760       301,209,781       109,306,453       136,037,963
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    295,741,854  $    247,115,760  $    130,962,055  $    109,306,453
                                    ================  ================  ================  ================


                                                  BHFTII                              BHFTII
                                      T. ROWE PRICE LARGE CAP GROWTH      T. ROWE PRICE SMALL CAP GROWTH
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (4,198,448)  $    (3,827,417)  $      (198,179)  $      (201,138)
   Net realized gains (losses)....        47,021,310        54,599,649         2,291,592         1,699,230
   Change in unrealized gains
     (losses) on investments......        32,847,761      (58,693,758)         1,613,790       (2,519,895)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        75,670,623       (7,921,526)         3,707,203       (1,021,803)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........        32,106,653        18,851,142           294,713           418,179
   Net transfers (including
     fixed account)...............         8,468,795        17,748,182          (21,739)          (96,822)
   Contract charges...............       (2,865,292)       (2,488,089)          (67,244)          (67,557)
   Transfers for contract benefits
     and terminations.............      (24,626,305)      (27,377,435)       (1,129,037)       (1,263,636)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......        13,083,851         6,733,800         (923,307)       (1,009,836)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        88,754,474       (1,187,726)         2,783,896       (2,031,639)
NET ASSETS:
   Beginning of year..............       259,939,693       261,127,419        12,116,876        14,148,515
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $    348,694,167  $    259,939,693  $     14,900,772  $     12,116,876
                                    ================  ================  ================  ================


                                                  BHFTII
                                      VANECK GLOBAL NATURAL RESOURCES
                                                SUB-ACCOUNT
                                    ----------------------------------
                                           2019             2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (788,662)  $    (1,162,555)
   Net realized gains (losses)....       (2,035,689)       (1,433,525)
   Change in unrealized gains
     (losses) on investments......         9,664,937      (21,400,844)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............         6,840,586      (23,996,924)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........           217,821           150,530
   Net transfers (including
     fixed account)...............        10,830,043         3,617,316
   Contract charges...............       (1,032,687)       (1,126,631)
   Transfers for contract benefits
     and terminations.............       (5,599,191)       (6,749,377)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......         4,415,986       (4,108,162)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............        11,256,572      (28,105,086)
NET ASSETS:
   Beginning of year..............        59,956,248        88,061,334
                                    ----------------  ----------------
   End of year....................  $     71,212,820  $     59,956,248
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     74



 The accompanying notes are an integral part of these financial statements.


                                     75



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                       BHFTII WESTERN ASSET MANAGEMENT              BHFTII WESTERN
                                        STRATEGIC BOND OPPORTUNITIES       ASSET MANAGEMENT U.S. GOVERNMENT
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  ----------------------------------
                                           2019               2018              2019              2018
                                     -----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $      32,562,539  $     39,209,719  $      2,464,881  $      1,448,199
   Net realized gains (losses).....          3,279,468           428,365         (631,890)       (1,703,074)
   Change in unrealized gains
     (losses) on investments.......         79,184,980      (94,399,767)         7,696,529       (1,693,598)
                                     -----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............        115,026,987      (54,761,683)         9,529,520       (1,948,473)
                                     -----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........         31,912,152        29,285,136         7,254,427         7,628,438
   Net transfers (including
     fixed account)................            739,864        26,427,515        10,576,654         9,885,195
   Contract charges................       (10,786,580)      (10,895,042)       (2,935,831)       (2,956,262)
   Transfers for contract benefits
     and terminations..............      (116,082,080)     (119,030,364)      (25,478,124)      (29,848,486)
                                     -----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......       (94,216,644)      (74,212,755)      (10,582,874)      (15,291,115)
                                     -----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
        in net assets..............         20,810,343     (128,974,438)       (1,053,354)      (17,239,588)
NET ASSETS:
   Beginning of year...............        937,917,920     1,066,892,358       226,871,420       244,111,008
                                     -----------------  ----------------  ----------------  ----------------
   End of year.....................  $     958,728,263  $    937,917,920  $    225,818,066  $    226,871,420
                                     =================  ================  ================  ================



                                      BLACKROCK GLOBAL ALLOCATION V.I.     DWS CROCI(R) INTERNATIONAL VIP
                                                 SUB-ACCOUNT                         SUB-ACCOUNT
                                     ----------------------------------  -----------------------------------
                                           2019              2018              2019               2018
                                     ----------------  ----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $         39,655  $          5,897  $        171,732  $        (34,358)
   Net realized gains (losses).....           563,763           310,856         (327,399)          (434,350)
   Change in unrealized gains
     (losses) on investments.......         1,034,743         (851,294)         2,027,021        (1,344,486)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         1,638,161         (534,541)         1,871,354        (1,813,194)
                                     ----------------  ----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........         6,743,520         4,169,361           320,958            310,679
   Net transfers (including
     fixed account)................           836,026           481,645         (365,457)          (310,812)
   Contract charges................          (70,251)          (11,595)             (690)              (881)
   Transfers for contract benefits
     and terminations..............         (353,217)         (120,207)         (539,841)        (1,037,981)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......         7,156,078         4,519,204         (585,030)        (1,038,995)
                                     ----------------  ----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............         8,794,239         3,984,663         1,286,324        (2,852,189)
NET ASSETS:
   Beginning of year...............         6,984,006         2,999,343         9,594,320         12,446,509
                                     ----------------  ----------------  ----------------  -----------------
   End of year.....................  $     15,778,245  $      6,984,006  $     10,880,644  $       9,594,320
                                     ================  ================  ================  =================



                                         FEDERATED HIGH INCOME BOND                FEDERATED KAUFMAN
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019               2018              2019               2018
                                     ----------------  -----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $             97  $             131  $        (1,024)  $           (918)
   Net realized gains (losses).....               (3)                (2)             6,662              4,733
   Change in unrealized gains
     (losses) on investments.......               155              (220)            13,630            (2,396)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............               249               (91)            19,268              1,419
                                     ----------------  -----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........                --                 --                --                 --
   Net transfers (including
     fixed account)................                --                 --                --                 --
   Contract charges................                --                 --                --                 --
   Transfers for contract benefits
     and terminations..............               (1)                (2)               (2)              (107)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......               (1)                (2)               (2)              (107)
                                     ----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............               248               (93)            19,266              1,312
NET ASSETS:
   Beginning of year...............             1,915              2,008            60,276             58,964
                                     ----------------  -----------------  ----------------  -----------------
   End of year.....................  $          2,163  $           1,915  $         79,542  $          60,276
                                     ================  =================  ================  =================



                                        FIDELITY(R) VIP ASSET MANAGER
                                                 SUB-ACCOUNT
                                     -----------------------------------
                                           2019               2018
                                     ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $        217,990  $         171,899
   Net realized gains (losses).....         2,294,455          1,997,602
   Change in unrealized gains
     (losses) on investments.......         6,941,092        (6,425,359)
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         9,453,537        (4,255,858)
                                     ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........           675,363            804,743
   Net transfers (including
     fixed account)................       (1,082,723)        (1,588,602)
   Contract charges................           (6,671)            (7,501)
   Transfers for contract benefits
     and terminations..............       (6,686,490)        (7,944,461)
                                     ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......       (7,100,521)        (8,735,821)
                                     ----------------  -----------------
     Net increase (decrease)
        in net assets..............         2,353,016       (12,991,679)
NET ASSETS:
   Beginning of year...............        59,276,315         72,267,994
                                     ----------------  -----------------
   End of year.....................  $     61,629,331  $      59,276,315
                                     ================  =================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     76



 The accompanying notes are an integral part of these financial statements.


                                     77



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018





                                         FIDELITY(R) VIP CONTRAFUND          FIDELITY(R) VIP EQUITY-INCOME
                                                 SUB-ACCOUNT                          SUB-ACCOUNT
                                     -----------------------------------  -----------------------------------
                                           2019              2018               2019               2018
                                     ----------------  -----------------  -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $    (5,740,275)  $     (4,658,059)  $          23,127  $         35,858
   Net realized gains (losses).....        81,586,175         75,006,364            273,339           231,025
   Change in unrealized gains
     (losses) on investments.......        71,261,482      (111,391,708)            647,786         (692,539)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............       147,107,382       (41,043,403)            944,252         (425,656)
                                     ----------------  -----------------  -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........        12,998,700         12,841,606              3,579             2,063
   Net transfers (including
     fixed account)................      (10,466,555)       (10,166,095)           (28,866)          (42,217)
   Contract charges................       (4,399,733)        (4,513,633)                 --                --
   Transfers for contract benefits
     and terminations..............      (66,356,376)       (66,046,593)          (601,297)         (604,458)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (68,223,964)       (67,884,715)          (626,584)         (644,612)
                                     ----------------  -----------------  -----------------  ----------------
     Net increase (decrease)
        in net assets..............        78,883,418      (108,928,118)            317,668       (1,070,268)
NET ASSETS:
   Beginning of year...............       516,822,732        625,750,850          3,905,060         4,975,328
                                     ----------------  -----------------  -----------------  ----------------
   End of year.....................  $    595,706,150  $     516,822,732  $       4,222,728  $      3,905,060
                                     ================  =================  =================  ================



                                      FIDELITY(R) VIP FUNDSMANAGER 50%      FIDELITY(R) VIP FUNDSMANAGER 60%
                                                 SUB-ACCOUNT                           SUB-ACCOUNT
                                     ------------------------------------  -----------------------------------
                                            2019              2018               2019               2018
                                     -----------------  -----------------  ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $    (14,111,149)  $    (28,570,555)  $   (11,139,237)  $    (21,186,152)
   Net realized gains (losses).....        363,165,316        387,861,639       343,566,273        361,132,051
   Change in unrealized gains
     (losses) on investments.......        198,608,205      (653,490,971)        29,274,722      (535,553,464)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............        547,662,372      (294,199,887)       361,701,758      (195,607,565)
                                     -----------------  -----------------  ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........          5,535,963          6,472,632         6,158,967          6,309,500
   Net transfers (including
     fixed account)................                 --                 --                --                 --
   Contract charges................                 --                 --                --                 --
   Transfers for contract benefits
     and terminations..............      (707,802,566)      (620,216,112)     (356,127,713)      (445,225,372)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......      (702,266,603)      (613,743,480)     (349,968,746)      (438,915,872)
                                     -----------------  -----------------  ----------------  -----------------
     Net increase (decrease)
        in net assets..............      (154,604,231)      (907,943,367)        11,733,012      (634,523,437)
NET ASSETS:
   Beginning of year...............      3,795,963,053      4,703,906,420     2,146,738,120      2,781,261,557
                                     -----------------  -----------------  ----------------  -----------------
   End of year.....................  $   3,641,358,822  $   3,795,963,053  $  2,158,471,132  $   2,146,738,120
                                     =================  =================  ================  =================


                                               FIDELITY(R) VIP
                                           GOVERNMENT MONEY MARKET               FIDELITY(R) VIP GROWTH
                                                 SUB-ACCOUNT                           SUB-ACCOUNT
                                     -----------------------------------  ------------------------------------
                                           2019               2018               2019               2018
                                     -----------------  ----------------   ----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $         110,250  $         49,575   $    (1,968,572)  $     (2,042,899)
   Net realized gains (losses).....                 --                --         18,262,883         32,112,863
   Change in unrealized gains
     (losses) on investments.......                (2)                 3         33,776,257       (31,265,399)
                                     -----------------  ----------------   ----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations............            110,248            49,578         50,070,568        (1,195,435)
                                     -----------------  ----------------   ----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........            623,472           897,378          1,610,543          1,847,353
   Net transfers (including
     fixed account)................          (187,127)           747,649        (4,085,657)        (3,228,562)
   Contract charges................            (1,305)           (1,472)           (14,350)           (15,633)
   Transfers for contract benefits
     and terminations..............        (1,768,551)       (1,808,738)       (15,360,210)       (14,268,095)
                                     -----------------  ----------------   ----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......        (1,333,511)         (165,183)       (17,849,674)       (15,664,937)
                                     -----------------  ----------------   ----------------  -----------------
     Net increase (decrease)
        in net assets..............        (1,223,263)         (115,605)         32,220,894       (16,860,372)
NET ASSETS:
   Beginning of year...............         17,486,552        17,602,157        160,226,256        177,086,628
                                     -----------------  ----------------   ----------------  -----------------
   End of year.....................  $      16,263,289  $     17,486,552   $    192,447,150  $     160,226,256
                                     =================  ================   ================  =================



                                          FIDELITY(R) VIP INDEX 500
                                                 SUB-ACCOUNT
                                     -----------------------------------
                                           2019               2018
                                     -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)....  $         365,309  $        294,869
   Net realized gains (losses).....          4,608,479         4,311,968
   Change in unrealized gains
     (losses) on investments.......         10,875,574       (7,834,778)
                                     -----------------  ----------------
     Net increase (decrease)
        in net assets resulting
        from operations............         15,849,362       (3,227,941)
                                     -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners..........                281                --
   Net transfers (including
     fixed account)................          (986,352)       (1,125,805)
   Contract charges................           (15,379)          (17,245)
   Transfers for contract benefits
     and terminations..............        (5,258,030)       (5,803,898)
                                     -----------------  ----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions......        (6,259,480)       (6,946,948)
                                     -----------------  ----------------
     Net increase (decrease)
        in net assets..............          9,589,882      (10,174,889)
NET ASSETS:
   Beginning of year...............         55,902,972        66,077,861
                                     -----------------  ----------------
   End of year.....................  $      65,492,854  $     55,902,972
                                     =================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     78



 The accompanying notes are an integral part of these financial statements.


                                     79



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018





                                          FIDELITY(R) VIP MID CAP            FIDELITY(R) VIP OVERSEAS
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018              2019               2018
                                    ----------------  ----------------  -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (2,635,111)  $    (4,118,485)  $          18,278  $         12,233
   Net realized gains (losses)....        41,959,369        46,442,108            204,221            72,873
   Change in unrealized gains
     (losses) on investments......        31,790,445     (104,511,568)            681,263         (770,959)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        71,114,703      (62,187,945)            903,762         (685,853)
                                    ----------------  ----------------  -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         7,784,933        10,328,023             47,972            67,368
   Net transfers (including
     fixed account)...............        16,102,117       (3,262,083)             34,604          (32,603)
   Contract charges...............       (4,488,975)       (4,959,024)               (42)              (38)
   Transfers for contract benefits
     and terminations.............      (47,213,590)      (47,374,116)          (446,499)         (283,553)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (27,815,515)      (45,267,200)          (363,965)         (248,826)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
       in net assets..............        43,299,188     (107,455,145)            539,797         (934,679)
NET ASSETS:
   Beginning of year..............       336,722,689       444,177,834          3,608,965         4,543,644
                                    ----------------  ----------------  -----------------  ----------------
   End of year....................  $    380,021,877  $    336,722,689  $       4,148,762  $      3,608,965
                                    ================  ================  =================  ================


                                                                                      FTVIPT
                                        FTVIPT FRANKLIN INCOME VIP          FRANKLIN MUTUAL SHARES VIP
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  -----------------------------------
                                          2019              2018               2019              2018
                                    ----------------  ----------------  -----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      9,062,984  $      8,496,216  $         458,844  $      1,208,972
   Net realized gains (losses)....         4,569,275         1,428,156         11,536,069         6,514,086
   Change in unrealized gains
     (losses) on investments......        16,861,151      (22,969,206)          8,998,025      (19,962,133)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        30,493,410      (13,044,834)         20,992,938      (12,239,075)
                                    ----------------  ----------------  -----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         5,250,340         5,403,491          1,324,149         1,601,354
   Net transfers (including
     fixed account)...............         2,502,098           408,131            707,990           815,223
   Contract charges...............       (2,574,034)       (2,660,976)        (1,209,624)       (1,300,237)
   Transfers for contract benefits
     and terminations.............      (28,637,508)      (30,996,185)       (15,467,084)      (16,476,798)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (23,459,104)      (27,845,539)       (14,644,569)      (15,360,458)
                                    ----------------  ----------------  -----------------  ----------------
     Net increase (decrease)
       in net assets..............         7,034,306      (40,890,373)          6,348,369      (27,599,533)
NET ASSETS:
   Beginning of year..............       218,572,330       259,462,703        105,943,384       133,542,917
                                    ----------------  ----------------  -----------------  ----------------
   End of year....................  $    225,606,636  $    218,572,330  $     112,291,753  $    105,943,384
                                    ================  ================  =================  ================


                                                  FTVIPT
                                       FRANKLIN SMALL CAP VALUE VIP        FTVIPT TEMPLETON FOREIGN VIP
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                          2019              2018               2019              2018
                                    ----------------  -----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $      (332,464)  $       (590,781)  $       (54,374)  $        541,919
   Net realized gains (losses)....        17,291,483         19,821,500           282,906            37,325
   Change in unrealized gains
     (losses) on investments......         7,771,242       (36,050,020)         6,056,414      (12,421,982)
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        24,730,261       (16,819,301)         6,284,946      (11,842,738)
                                    ----------------  -----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         2,423,211          2,824,157           131,953           122,654
   Net transfers (including
     fixed account)...............           510,329            561,083         5,004,178         5,327,341
   Contract charges...............       (1,469,838)        (1,562,312)         (827,263)         (855,303)
   Transfers for contract benefits
     and terminations.............      (13,502,130)       (12,334,646)       (4,454,162)       (4,586,691)
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (12,038,428)       (10,511,718)         (145,294)             8,001
                                    ----------------  -----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............        12,691,833       (27,331,019)         6,139,652      (11,834,737)
NET ASSETS:
   Beginning of year..............       104,045,294        131,376,313        58,848,718        70,683,455
                                    ----------------  -----------------  ----------------  ----------------
   End of year....................  $    116,737,127  $     104,045,294  $     64,988,370  $     58,848,718
                                    ================  =================  ================  ================


                                                  FTVIPT
                                         TEMPLETON GLOBAL BOND VIP
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $     10,974,577  $    (2,791,526)
   Net realized gains (losses)....       (1,707,966)       (1,691,871)
   Change in unrealized gains
     (losses) on investments......       (7,909,510)         5,722,312
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............         1,357,101         1,238,915
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         6,289,191         7,620,384
   Net transfers (including
     fixed account)...............         7,368,799         3,841,758
   Contract charges...............       (2,477,843)       (2,549,046)
   Transfers for contract benefits
     and terminations.............      (23,802,576)      (21,044,249)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......      (12,622,429)      (12,131,153)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............      (11,265,328)      (10,892,238)
NET ASSETS:
   Beginning of year..............       196,643,947       207,536,185
                                    ----------------  ----------------
   End of year....................  $    185,378,619  $    196,643,947
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     80



 The accompanying notes are an integral part of these financial statements.


                                     81



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                           INVESCO OPPENHEIMER V.I.               INVESCO OPPENHEIMER V.I.
                                               GOVERNMENT MONEY                     MAIN STREET SMALL CAP
                                                  SUB-ACCOUNT                            SUB-ACCOUNT
                                      ------------------------------------  -------------------------------------
                                            2019               2018                2019               2018
                                      -----------------  -----------------  -----------------  ------------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $              10  $              --  $     (1,323,739)  $      (1,474,043)
   Net realized gains (losses)......                 --                 --         10,871,442          19,484,189
   Change in unrealized gains
     (losses) on investments........                (2)                  2         11,279,875        (28,702,815)
                                      -----------------  -----------------  -----------------  ------------------
     Net increase (decrease)
        in net assets resulting
        from operations.............                  8                  2         20,827,578        (10,692,669)
                                      -----------------  -----------------  -----------------  ------------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........                 --                 --          1,200,921           1,244,630
   Net transfers (including
     fixed account).................                 --                 --          3,184,835         (2,268,049)
   Contract charges.................                 --                 --        (1,125,234)         (1,253,357)
   Transfers for contract benefits
     and terminations...............              (132)              (152)       (14,390,538)        (15,016,227)
                                      -----------------  -----------------  -----------------  ------------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......              (132)              (152)       (11,130,016)        (17,293,003)
                                      -----------------  -----------------  -----------------  ------------------
     Net increase (decrease)
        in net assets...............              (124)              (150)          9,697,562        (27,985,672)
NET ASSETS:
   Beginning of year................              3,069              3,219         88,702,351         116,688,023
                                      -----------------  -----------------  -----------------  ------------------
   End of year......................  $           2,945  $           3,069  $      98,399,913  $       88,702,351
                                      =================  =================  =================  ==================


                                           INVESCO OPPENHEIMER V.I.
                                                  MAIN STREET                  INVESCO V.I. AMERICAN FRANCHISE
                                                  SUB-ACCOUNT                            SUB-ACCOUNT
                                      ------------------------------------  ------------------------------------
                                            2019                2018               2019              2018
                                      -----------------  -----------------  -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $            (51)  $           (257)  $            (36)  $           (191)
   Net realized gains (losses)......              2,486             17,255                394              1,744
   Change in unrealized gains
     (losses) on investments........              1,498           (30,519)                428            (1,652)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations.............              3,933           (13,521)                786               (99)
                                      -----------------  -----------------  -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........                 --                 --                 --                 --
   Net transfers (including
     fixed account).................                 --                 --                 --                 --
   Contract charges.................                 --                 --                 --                 --
   Transfers for contract benefits
     and terminations...............                (1)           (87,462)                (6)           (12,586)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......                (1)           (87,462)                (6)           (12,586)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets...............              3,932          (100,983)                780           (12,685)
NET ASSETS:
   Beginning of year................             12,998            113,981              2,238             14,923
                                      -----------------  -----------------  -----------------  -----------------
   End of year......................  $          16,930  $          12,998  $           3,018  $           2,238
                                      =================  =================  =================  =================



                                           INVESCO V.I. CORE EQUITY            INVESCO V.I. EQUITY AND INCOME
                                                  SUB-ACCOUNT                            SUB-ACCOUNT
                                      ------------------------------------  ------------------------------------
                                            2019                2018               2019              2018
                                      -----------------  -----------------  -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $           (555)  $           (646)  $       5,323,919  $       3,783,260
   Net realized gains (losses)......             15,428             13,906         52,091,795         40,594,624
   Change in unrealized gains
     (losses) on investments........             13,684           (26,464)         41,888,908      (114,250,594)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations.............             28,557           (13,204)         99,304,622       (69,872,710)
                                      -----------------  -----------------  -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........                 --                 --         19,395,812         25,205,893
   Net transfers (including
     fixed account).................                  7            (2,573)          3,891,446          7,575,152
   Contract charges.................                 --                 --        (6,981,375)        (7,146,875)
   Transfers for contract benefits
     and terminations...............            (9,300)            (4,177)       (74,669,203)       (76,228,957)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......            (9,293)            (6,750)       (58,363,320)       (50,594,787)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets...............             19,264           (19,954)         40,941,302      (120,467,497)
NET ASSETS:
   Beginning of year................            110,127            130,081        560,935,776        681,403,273
                                      -----------------  -----------------  -----------------  -----------------
   End of year......................  $         129,391  $         110,127  $     601,877,078  $     560,935,776
                                      =================  =================  =================  =================



                                        INVESCO V.I. INTERNATIONAL GROWTH
                                                   SUB-ACCOUNT
                                      ------------------------------------
                                             2019               2018
                                      -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $       (248,545)  $       1,092,683
   Net realized gains (losses)......         24,784,603          6,398,939
   Change in unrealized gains
     (losses) on investments........         29,818,647       (50,284,813)
                                      -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations.............         54,354,705       (42,793,191)
                                      -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........          2,460,586          4,495,662
   Net transfers (including
     fixed account).................        (7,254,793)         18,323,682
   Contract charges.................        (2,952,159)        (3,019,027)
   Transfers for contract benefits
     and terminations...............       (30,195,868)       (29,132,218)
                                      -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......       (37,942,234)        (9,331,901)
                                      -----------------  -----------------
     Net increase (decrease)
        in net assets...............         16,412,471       (52,125,092)
NET ASSETS:
   Beginning of year................        217,298,662        269,423,754
                                      -----------------  -----------------
   End of year......................  $     233,711,133  $     217,298,662
                                      =================  =================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     82



 The accompanying notes are an integral part of these financial statements.


                                     83



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                                                LMPVET CLEARBRIDGE
                                         IVY VIP ASSET STRATEGY             VARIABLE AGGRESSIVE GROWTH
                                               SUB-ACCOUNT                          SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $          2,497  $          1,514  $    (1,455,332)  $    (2,704,438)
   Net realized gains (losses)....            12,446            14,088        13,019,577        30,911,333
   Change in unrealized gains
     (losses) on investments......            40,444          (34,262)        50,382,732      (56,688,564)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            55,387          (18,660)        61,946,977      (28,481,669)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........                --               200        11,313,506        17,256,880
   Net transfers (including
     fixed account)...............           (9,894)          (13,138)           536,322          (58,922)
   Contract charges...............               (5)               (8)       (3,369,971)       (3,403,106)
   Transfers for contract benefits
     and terminations.............          (12,505)          (32,051)      (31,420,347)      (32,718,784)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (22,404)          (44,997)      (22,940,490)      (18,923,932)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............            32,983          (63,657)        39,006,487      (47,405,601)
NET ASSETS:
   Beginning of year..............           269,339           332,996       274,064,297       321,469,898
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        302,322  $        269,339  $    313,070,784  $    274,064,297
                                    ================  ================  ================  ================


                                            LMPVET CLEARBRIDGE                   LMPVET CLEARBRIDGE
                                           VARIABLE APPRECIATION             VARIABLE DIVIDEND STRATEGY
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                     ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...   $      (337,305)  $      (811,048)  $      (166,816)  $       (51,375)
   Net realized gains (losses)....         54,468,396        44,196,685        27,204,853        22,678,338
   Change in unrealized gains
     (losses) on investments......         50,409,831      (54,650,170)        27,792,692      (35,551,367)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        104,540,922      (11,264,533)        54,830,729      (12,924,404)
                                     ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         15,677,421        18,890,436        12,372,418        11,994,980
   Net transfers (including
     fixed account)...............       (18,531,359)      (15,849,002)       (9,771,771)       (3,506,979)
   Contract charges...............        (5,076,262)       (5,005,606)       (2,533,705)       (2,430,895)
   Transfers for contract benefits
     and terminations.............       (49,051,381)      (45,729,547)      (23,283,947)      (24,199,142)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (56,981,581)      (47,693,719)      (23,217,005)      (18,142,036)
                                     ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............         47,559,341      (58,958,252)        31,613,724      (31,066,440)
NET ASSETS:
   Beginning of year..............        393,172,143       452,130,395       193,406,499       224,472,939
                                     ----------------  ----------------  ----------------  ----------------
   End of year....................   $    440,731,484  $    393,172,143  $    225,020,223  $    193,406,499
                                     ================  ================  ================  ================


                                            LMPVET CLEARBRIDGE                   LMPVET CLEARBRIDGE
                                         VARIABLE LARGE CAP GROWTH            VARIABLE LARGE CAP VALUE
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                           2019              2018              2019              2018
                                    -----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        (34,964)  $       (45,396)  $          (786)  $       (18,266)
   Net realized gains (losses)....            307,012           417,182           629,472           590,716
   Change in unrealized gains
     (losses) on investments......            355,388         (327,244)         1,000,268       (1,263,154)
                                    -----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            627,436            44,542         1,628,954         (690,704)
                                    -----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........                360             5,260            24,000            23,428
   Net transfers (including
     fixed account)...............             19,758         (203,085)           863,030           208,243
   Contract charges...............            (8,980)          (12,359)          (87,666)          (71,780)
   Transfers for contract benefits
     and terminations.............          (461,658)         (880,482)         (760,942)         (583,343)
                                    -----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (450,520)       (1,090,666)            38,422         (423,452)
                                    -----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............            176,916       (1,046,124)         1,667,376       (1,114,156)
NET ASSETS:
   Beginning of year..............          2,215,534         3,261,658         5,902,416         7,016,572
                                    -----------------  ----------------  ----------------  ----------------
   End of year....................  $       2,392,450  $      2,215,534  $      7,569,792  $      5,902,416
                                    =================  ================  ================  ================


                                            LMPVET CLEARBRIDGE
                                         VARIABLE SMALL CAP GROWTH
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $    (1,728,377)  $    (1,719,359)
   Net realized gains (losses)....        15,517,125        20,768,811
   Change in unrealized gains
     (losses) on investments......        12,250,855      (15,336,872)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............        26,039,603         3,712,580
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........         6,137,318         7,239,546
   Net transfers (including
     fixed account)...............         4,490,074       (8,047,366)
   Contract charges...............       (1,499,380)       (1,447,146)
   Transfers for contract benefits
     and terminations.............      (11,245,283)      (10,955,607)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (2,117,271)      (13,210,573)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............        23,922,332       (9,497,993)
NET ASSETS:
   Beginning of year..............       104,196,797       113,694,790
                                    ----------------  ----------------
   End of year....................  $    128,119,129  $    104,196,797
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     84



 The accompanying notes are an integral part of these financial statements.


                                     85



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                 LMPVET QS
                                       VARIABLE CONSERVATIVE GROWTH          LMPVET QS VARIABLE GROWTH
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $        231,473  $        400,599  $         76,828  $        996,052
   Net realized gains (losses)....         1,174,358         1,604,788         4,222,890         5,663,427
   Change in unrealized gains
     (losses) on investments......         3,541,263       (4,061,458)         9,773,725      (14,026,648)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............         4,947,094       (2,056,071)        14,073,443       (7,367,169)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........            68,913           196,353           404,636           654,945
   Net transfers (including
     fixed account)...............         (352,229)           327,139           152,365         (216,321)
   Contract charges...............         (426,929)         (470,143)         (844,343)         (920,536)
   Transfers for contract benefits
     and terminations.............       (3,528,012)       (5,084,764)      (11,580,074)       (9,791,066)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......       (4,238,257)       (5,031,415)      (11,867,416)      (10,272,978)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............           708,837       (7,087,486)         2,206,027      (17,640,147)
NET ASSETS:
   Beginning of year..............        33,045,053        40,132,539        71,918,076        89,558,223
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $     33,753,890  $     33,045,053  $     74,124,103  $     71,918,076
                                    ================  ================  ================  ================


                                                LMPVET QS                     LMPVIT WESTERN ASSET
                                        VARIABLE MODERATE GROWTH         VARIABLE GLOBAL HIGH YIELD BOND
                                               SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $            326  $          3,273  $      3,231,046  $      3,166,796
   Net realized gains (losses)....            27,049            54,660       (1,072,656)       (1,103,797)
   Change in unrealized gains
     (losses) on investments......            71,376         (105,442)         7,857,796       (6,633,498)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            98,751          (47,509)        10,016,186       (4,570,499)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........             4,117                --         6,673,147         5,585,164
   Net transfers (including
     fixed account)...............               642             1,713           431,848         1,804,505
   Contract charges...............             (232)             (296)         (949,939)         (904,804)
   Transfers for contract benefits
     and terminations.............          (42,437)         (210,483)       (9,736,457)       (9,233,724)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (37,910)         (209,066)       (3,581,401)       (2,748,859)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............            60,841         (256,575)         6,434,785       (7,319,358)
NET ASSETS:
   Beginning of year..............           547,294           803,869        80,253,026        87,572,384
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        608,135  $        547,294  $     86,687,811  $     80,253,026
                                    ================  ================  ================  ================



                                       MFS(R) VIT INVESTORS TRUST           MFS(R) VIT NEW DISCOVERY
                                               SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $           (21)  $           (26)  $          (116)  $          (112)
   Net realized gains (losses)....               198             1,155             1,943             1,714
   Change in unrealized gains
     (losses) on investments......               613           (1,294)             1,130           (1,928)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............               790             (165)             2,957             (326)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........                --                --                --                --
   Net transfers (including
     fixed account)...............                --                --             (441)             2,929
   Contract charges...............                --                --                --                --
   Transfers for contract benefits
     and terminations.............               (3)           (3,230)           (3,006)           (1,219)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......               (3)           (3,230)           (3,447)             1,710
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............               787           (3,395)             (490)             1,384
NET ASSETS:
   Beginning of year..............             2,648             6,043             7,947             6,563
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $          3,435  $          2,648  $          7,457  $          7,947
                                    ================  ================  ================  ================



                                            MFS(R) VIT RESEARCH
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $          (139)  $          (151)
   Net realized gains (losses)....             2,665             4,184
   Change in unrealized gains
     (losses) on investments......             3,389           (5,181)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............             5,915           (1,148)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........                --                --
   Net transfers (including
     fixed account)...............                --                --
   Contract charges...............                --                --
   Transfers for contract benefits
     and terminations.............           (1,333)             (678)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......           (1,333)             (678)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............             4,582           (1,826)
NET ASSETS:
   Beginning of year..............            19,274            21,100
                                    ----------------  ----------------
   End of year....................  $         23,856  $         19,274
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     86



 The accompanying notes are an integral part of these financial statements.


                                     87



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONTINUED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                  MORGAN
                                     STANLEY VIF GLOBAL INFRASTRUCTURE        NEUBERGER BERMAN GENESIS
                                                SUB-ACCOUNT                          SUB-ACCOUNT
                                    -----------------------------------  ----------------------------------
                                          2019              2018               2019              2018
                                    ----------------  ----------------   ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $          7,305  $          7,597   $           (52)  $           (50)
   Net realized gains (losses)....            24,957            14,820                371               572
   Change in unrealized gains
     (losses) on investments......            92,234          (69,920)              1,117             (935)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............           124,496          (47,503)              1,436             (413)
                                    ----------------  ----------------   ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........             1,100             3,025                 --                --
   Net transfers (including
     fixed account)...............            29,363             6,537                 --                --
   Contract charges...............             (113)             (119)                 --                --
   Transfers for contract benefits
     and terminations.............          (52,588)          (45,017)                (2)               (3)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (22,238)          (35,574)                (2)               (3)
                                    ----------------  ----------------   ----------------  ----------------
     Net increase (decrease)
       in net assets..............           102,258          (83,077)              1,434             (416)
NET ASSETS:
   Beginning of year..............           462,118           545,195              5,089             5,505
                                    ----------------  ----------------   ----------------  ----------------
   End of year....................  $        564,376  $        462,118   $          6,523  $          5,089
                                    ================  ================   ================  ================


                                                 PIMCO VIT
                                      COMMODITYREALRETURN(R) STRATEGY         PIMCO VIT DYNAMIC BOND
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $         10,251  $          2,253  $          6,500  $          5,830
   Net realized gains (losses)....          (18,587)           (5,559)            10,000             3,675
   Change in unrealized gains
     (losses) on investments......            43,182          (66,127)             1,478          (13,072)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            34,846          (69,433)            17,978           (3,567)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........             1,300             2,700                --             1,336
   Net transfers (including
     fixed account)...............             7,905             5,480            83,080            42,724
   Contract charges...............              (43)              (49)              (79)              (66)
   Transfers for contract benefits
     and terminations.............          (15,926)          (26,852)          (47,930)          (57,629)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......           (6,764)          (18,721)            35,071          (13,635)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............            28,082          (88,154)            53,049          (17,202)
NET ASSETS:
   Beginning of year..............           375,089           463,243           546,932           564,134
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        403,171  $        375,089  $        599,981  $        546,932
                                    ================  ================  ================  ================


                                                 PIMCO VIT
                                           EMERGING MARKETS BOND             PIONEER VCT MID CAP VALUE
                                                SUB-ACCOUNT                         SUB-ACCOUNT
                                    ----------------------------------  ----------------------------------
                                          2019              2018              2019              2018
                                    ----------------  ----------------  ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $         25,031  $         23,711  $      (182,767)  $      (596,306)
   Net realized gains (losses)....             2,885           (3,166)         3,226,538         5,632,080
   Change in unrealized gains
     (losses) on investments......            75,574          (78,997)         9,919,089      (18,355,064)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............           103,490          (58,452)        12,962,860      (13,319,290)
                                    ----------------  ----------------  ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........            13,936             3,207           927,245         1,361,526
   Net transfers (including
     fixed account)...............          (40,933)             7,731             1,696         2,365,298
   Contract charges...............              (87)             (102)         (615,916)         (655,786)
   Transfers for contract benefits
     and terminations.............          (96,667)          (46,839)       (7,193,546)       (8,281,154)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......         (123,751)          (36,003)       (6,880,521)       (5,210,116)
                                    ----------------  ----------------  ----------------  ----------------
     Net increase (decrease)
       in net assets..............          (20,261)          (94,455)         6,082,339      (18,529,406)
NET ASSETS:
   Beginning of year..............           827,015           921,470        50,850,983        69,380,389
                                    ----------------  ----------------  ----------------  ----------------
   End of year....................  $        806,754  $        827,015  $     56,933,322  $     50,850,983
                                    ================  ================  ================  ================



                                      PIONEER VCT REAL ESTATE SHARES
                                                SUB-ACCOUNT
                                    ----------------------------------
                                          2019              2018
                                    ----------------  ----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss)...  $            566  $          1,941
   Net realized gains (losses)....            55,377            18,597
   Change in unrealized gains
     (losses) on investments......           (2,874)          (41,198)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets resulting
       from operations............            53,069          (20,660)
                                    ----------------  ----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners.........               507               555
   Net transfers (including
     fixed account)...............          (17,441)             2,718
   Contract charges...............           (3,442)           (3,242)
   Transfers for contract benefits
     and terminations.............          (24,642)          (11,990)
                                    ----------------  ----------------
     Net increase (decrease) in
       net assets resulting from
       contract transactions......          (45,018)          (11,959)
                                    ----------------  ----------------
     Net increase (decrease)
       in net assets..............             8,051          (32,619)
NET ASSETS:
   Beginning of year..............           211,095           243,714
                                    ----------------  ----------------
   End of year....................  $        219,146  $        211,095
                                    ================  ================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     88



 The accompanying notes are an integral part of these financial statements.


                                     89



                       BRIGHTHOUSE SEPARATE ACCOUNT A
                    OF BRIGHTHOUSE LIFE INSURANCE COMPANY
             STATEMENTS OF CHANGES IN NET ASSETS -- (CONCLUDED)
               FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018




                                                  T. ROWE PRICE
                                                GOVERNMENT MONEY                 T. ROWE PRICE GROWTH STOCK
                                                   SUB-ACCOUNT                           SUB-ACCOUNT
                                      ------------------------------------  ------------------------------------
                                             2019              2018                2019              2018
                                      -----------------  -----------------  -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $           1,903  $           1,059  $        (55,458)  $        (59,385)
   Net realized gains (losses)......                 --                 --            478,322            957,143
   Change in unrealized gains
     (losses) on investments........                 16               (16)          1,633,451          (989,532)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations.............              1,919              1,043          2,056,315           (91,774)
                                      -----------------  -----------------  -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........                 --                 --            204,802            225,757
   Net transfers (including
     fixed account).................             19,235                 --          (214,825)          (268,886)
   Contract charges.................               (63)               (75)              (964)            (1,017)
   Transfers for contract benefits
     and terminations...............            (7,154)          (210,390)          (744,173)          (660,287)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......             12,018          (210,465)          (755,160)          (704,433)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets...............             13,937          (209,422)          1,301,155          (796,207)
NET ASSETS:
   Beginning of year................            179,949            389,371          7,200,178          7,996,385
                                      -----------------  -----------------  -----------------  -----------------
   End of year......................  $         193,886  $         179,949  $       8,501,333  $       7,200,178
                                      =================  =================  =================  =================


                                                 T. ROWE PRICE                       TAP 1919 VARIABLE
                                              INTERNATIONAL STOCK              SOCIALLY RESPONSIVE BALANCED
                                                  SUB-ACCOUNT                           SUB-ACCOUNT
                                      ------------------------------------  ------------------------------------
                                             2019              2018               2019               2018
                                      -----------------  -----------------  -----------------  -----------------

INCREASE (DECREASE) IN NET ASSETS:
FROM OPERATIONS:
   Net investment income (loss).....  $           7,866  $           2,454  $         (1,221)  $           (772)
   Net realized gains (losses)......              6,885             27,076              8,431             15,166
   Change in unrealized gains
     (losses) on investments........            103,414          (105,877)             33,263           (19,785)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets resulting
        from operations.............            118,165           (76,347)             40,473            (5,391)
                                      -----------------  -----------------  -----------------  -----------------
CONTRACT TRANSACTIONS:
   Purchase payments received
     from contract owners...........             20,136             20,174                 --                 --
   Net transfers (including
     fixed account).................                 --                 --            (1,653)             30,491
   Contract charges.................               (50)               (70)               (84)               (83)
   Transfers for contract benefits
     and terminations...............           (33,085)           (15,504)            (8,561)            (4,213)
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease) in
        net assets resulting from
        contract transactions.......           (12,999)              4,600           (10,298)             26,195
                                      -----------------  -----------------  -----------------  -----------------
     Net increase (decrease)
        in net assets...............            105,166           (71,747)             30,175             20,804
NET ASSETS:
   Beginning of year................            445,745            517,492            167,444            146,640
                                      -----------------  -----------------  -----------------  -----------------
   End of year......................  $         550,911  $         445,745  $         197,619  $         167,444
                                      =================  =================  =================  =================

(a) For the period April 29, 2019 to December 31, 2019.


 The accompanying notes are an integral part of these financial statements.


                                     90



 The accompanying notes are an integral part of these financial statements.


                                     91



                 BRIGHTHOUSE SEPARATE ACCOUNT A
             OF BRIGHTHOUSE LIFE INSURANCE COMPANY
               NOTES TO THE FINANCIAL STATEMENTS



1.  ORGANIZATION


Brighthouse Separate Account A (the "Separate Account"), a separate account of
Brighthouse Life Insurance Company (the "Company"), was established by the
Board of Directors of MetLife Investors USA Insurance Company ("MLI-USA") on
May 29, 1980 to support MLI-USA's operations with respect to certain variable
annuity contracts (the "Contracts"). The Company is an indirect wholly-owned
subsidiary of Brighthouse Financial, Inc., a holding company, which following
the completion of a separation transaction from MetLife, Inc. on August 4,
2017, owns the legal entities that historically operated a substantial portion
of MetLife, Inc.'s former Retail segment, as well as certain portions of
MetLife, Inc.'s former Corporate Benefit Funding segment. The Separate Account
is registered as a unit investment trust under the Investment Company Act of
1940, as amended, and is subject to the rules and regulations of the U.S.
Securities and Exchange Commission, as well as the Delaware Department of
Insurance.

The Separate Account is divided into Sub-Accounts, each of which is treated as
an individual accounting entity for financial reporting purposes. Each
Sub-Account invests in shares of the corresponding fund, portfolio or series
(with the same name) of registered investment management companies (the
"Trusts"), which are presented below:



AIM Variable Insurance Funds (Invesco Variable               Legg Mason Partners Variable Income Trust
   Insurance Funds) ("Invesco V.I.")                           ("LMPVIT")
American Funds Insurance Series(R) ("American Funds(R)")     MFS(R) Variable Insurance Trust ("MFS(R) VIT")
BlackRock Variable Series Funds, Inc. ("BlackRock")          Morgan Stanley Variable Insurance Fund, Inc.
Brighthouse Funds Trust I ("BHFTI")*                           ("Morgan Stanley VIF")
Brighthouse Funds Trust II ("BHFTII")*                       Neuberger Berman Equity Funds ("Neuberger
Deutsche DWS Variable Series I ("DWS")                         Berman")
Federated Insurance Series ("Federated")                     PIMCO Variable Insurance Trust ("PIMCO VIT")
Fidelity(R) Variable Insurance Products ("Fidelity(R) VIP")  Pioneer Variable Contracts Trust ("Pioneer VCT")
Franklin Templeton Variable Insurance Products Trust         T. Rowe Price Government Money Fund, Inc.
   ("FTVIPT")                                                T. Rowe Price Growth Stock Fund, Inc.
Ivy Variable Insurance Portfolios ("Ivy VIP")                T. Rowe Price International Fund, Inc.
Janus Aspen Series ("Janus Aspen")                           The Alger Portfolios ("Alger")
Legg Mason Partners Variable Equity Trust                    Trust for Advised Portfolios ("TAP")
   ("LMPVET")
* See Note 5 for a discussion of additional information on related party
transactions.

The assets of each of the Sub-Accounts of the Separate Account are registered
in the name of the Company. Under applicable insurance law, the assets and
liabilities of the Separate Account are clearly identified and distinguished
from the Company's other assets and liabilities. The portion of the Separate
Account's assets applicable to the Contracts is not chargeable with liabilities
arising out of any other business the Company may conduct.


2.  LIST OF SUB-ACCOUNTS


A. Purchase payments, less any applicable charges applied to the Separate
Account, are invested in one or more Sub-Accounts in accordance with the
selection made by the contract owner. The following Sub-Accounts had net assets
as of December 31, 2019:



Alger Small Cap Growth Sub-Account                     BHFTI AB Global Dynamic Allocation Sub-Account
American Funds(R) Bond Sub-Account (a)                 BHFTI AB International Bond Sub-Account (b)
American Funds(R) Global Growth Sub-Account (a)        BHFTI American Funds(R) Balanced Allocation
American Funds(R) Global Small Capitalization            Sub-Account
   Sub-Account (a)                                     BHFTI American Funds(R) Growth Allocation
American Funds(R) Growth Sub-Account                     Sub-Account
American Funds(R) Growth-Income Sub-Account (a)


                                     92



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



2. LIST OF SUB-ACCOUNTS -- (CONTINUED)




BHFTI American Funds(R) Growth Sub-Account               BHFTI Victory Sycamore Mid Cap Value Sub-Account
BHFTI American Funds(R) Moderate Allocation              BHFTI Wells Capital Management Mid Cap Value
   Sub-Account                                             Sub-Account
BHFTI AQR Global Risk Balanced Sub-Account               BHFTI Western Asset Management Government
BHFTI BlackRock Global Tactical Strategies                 Income Sub-Account
   Sub-Account                                           BHFTII Baillie Gifford International Stock
BHFTI BlackRock High Yield Sub-Account (a)                 Sub-Account (a)
BHFTI Brighthouse Asset Allocation 100 Sub-Account       BHFTII BlackRock Bond Income Sub-Account (a)
BHFTI Brighthouse Balanced Plus Sub-Account              BHFTII BlackRock Capital Appreciation
BHFTI Brighthouse Small Cap Value Sub-Account (a)          Sub-Account (a)
BHFTI Brighthouse/Aberdeen Emerging Markets              BHFTII BlackRock Ultra-Short Term Bond
   Equity Sub-Account                                      Sub-Account (a)
BHFTI Brighthouse/Artisan International Sub-Account      BHFTII Brighthouse Asset Allocation 20 Sub-Account
BHFTI Brighthouse/Eaton Vance Floating Rate              BHFTII Brighthouse Asset Allocation 40 Sub-Account
   Sub-Account                                           BHFTII Brighthouse Asset Allocation 60 Sub-Account
BHFTI Brighthouse/Franklin Low Duration Total            BHFTII Brighthouse Asset Allocation 80 Sub-Account
   Return Sub-Account                                    BHFTII Brighthouse/Artisan Mid Cap Value
BHFTI Brighthouse/Templeton International Bond             Sub-Account (a)
   Sub-Account                                           BHFTII Brighthouse/Dimensional International Small
BHFTI Brighthouse/Wellington Large Cap Research            Company Sub-Account
   Sub-Account (a)                                       BHFTII Brighthouse/Wellington Core Equity
BHFTI Clarion Global Real Estate Sub-Account               Opportunities Sub-Account (a)
BHFTI Harris Oakmark International Sub-Account (a)       BHFTII Frontier Mid Cap Growth Sub-Account
BHFTI Invesco Balanced-Risk Allocation Sub-Account       BHFTII Jennison Growth Sub-Account (a)
BHFTI Invesco Comstock Sub-Account                       BHFTII Loomis Sayles Small Cap Core Sub-Account
BHFTI Invesco Global Equity Sub-Account                  BHFTII Loomis Sayles Small Cap Growth
BHFTI Invesco Small Cap Growth Sub-Account (a)             Sub-Account
BHFTI JPMorgan Core Bond Sub-Account                     BHFTII MetLife Aggregate Bond Index Sub-Account (a)
BHFTI JPMorgan Global Active Allocation                  BHFTII MetLife Mid Cap Stock Index Sub-Account (a)
   Sub-Account                                           BHFTII MetLife MSCI EAFE(R) Index Sub-Account (a)
BHFTI JPMorgan Small Cap Value Sub-Account (a)           BHFTII MetLife Russell 2000(R) Index Sub-Account (a)
BHFTI Loomis Sayles Global Allocation Sub-Account        BHFTII MetLife Stock Index Sub-Account (a)
BHFTI Loomis Sayles Growth Sub-Account (a)               BHFTII MFS(R) Total Return Sub-Account (a)
BHFTI MetLife Multi-Index Targeted Risk                  BHFTII MFS(R) Value Sub-Account (a)
   Sub-Account                                           BHFTII Neuberger Berman Genesis Sub-Account (a)
BHFTI MFS(R) Research International Sub-Account (a)      BHFTII T. Rowe Price Large Cap Growth
BHFTI Morgan Stanley Discovery Sub-Account (a)             Sub-Account (a)
BHFTI PanAgora Global Diversified Risk Sub-Account       BHFTII T. Rowe Price Small Cap Growth
BHFTI PIMCO Inflation Protected Bond Sub-Account           Sub-Account (a)
BHFTI PIMCO Total Return Sub-Account (a)                 BHFTII Van Eck Global Natural Resources
BHFTI Schroders Global Multi-Asset Sub-Account             Sub-Account
BHFTI SSGA Emerging Markets Enhanced Index               BHFTII Western Asset Management Strategic Bond
   Sub-Account (b)                                         Opportunities Sub-Account (a)
BHFTI SSGA Growth and Income ETF Sub-Account             BHFTII Western Asset Management U.S. Government
BHFTI SSGA Growth ETF Sub-Account                          Sub-Account (a)
BHFTI T. Rowe Price Large Cap Value Sub-Account (a)      BlackRock Global Allocation V.I. Sub-Account
BHFTI T. Rowe Price Mid Cap Growth Sub-Account           DWS CROCI(R) International VIP Sub-Account
BHFTI TCW Core Fixed Income Sub-Account                  Federated High Income Bond Sub-Account


                                     93



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



2.  LIST OF SUB-ACCOUNTS -- (CONCLUDED)




Federated Kaufman Sub-Account                            LMPVET ClearBridge Variable Dividend Strategy
Fidelity(R) VIP Asset Manager Sub-Account                   Sub-Account (a)
Fidelity(R) VIP Contrafund Sub-Account (a)               LMPVET ClearBridge Variable Large Cap Growth
Fidelity(R) VIP Equity-Income Sub-Account                   Sub-Account
Fidelity(R) VIP FundsManager 50% Sub-Account             LMPVET ClearBridge Variable Large Cap Value
Fidelity(R) VIP FundsManager 60% Sub-Account                Sub-Account
Fidelity(R) VIP Government Money Market                  LMPVET ClearBridge Variable Small Cap Growth
   Sub-Account (a)                                          Sub-Account (a)
Fidelity(R) VIP Growth Sub-Account                       LMPVET QS Variable Conservative Growth
Fidelity(R) VIP Index 500 Sub-Account                       Sub-Account
Fidelity(R) VIP Mid Cap Sub-Account                      LMPVET QS Variable Growth Sub-Account
Fidelity(R) VIP Overseas Sub-Account                     LMPVET QS Variable Moderate Growth Sub-Account
FTVIPT Franklin Income VIP Sub-Account                   LMPVIT Western Asset Variable Global High Yield
FTVIPT Franklin Mutual Shares VIP Sub-Account               Bond Sub-Account (a)
FTVIPT Franklin Small Cap Value VIP Sub-Account          MFS(R) VIT Investors Trust Sub-Account
FTVIPT Templeton Foreign VIP Sub-Account                 MFS(R) VIT New Discovery Sub-Account
FTVIPT Templeton Global Bond VIP Sub-Account             MFS(R) VIT Research Sub-Account
Invesco Oppenheimer V.I. Government Money                Morgan Stanley VIF Global Infrastructure Sub-Account
   Sub-Account                                           Neuberger Berman Genesis Sub-Account
Invesco Oppenheimer V.I. Main Street Small Cap           PIMCO VIT Commodity RealReturn(R) Strategy
   Sub-Account                                              Sub-Account
Invesco Oppenheimer V.I. Main Street Sub-Account         PIMCO VIT Dynamic Bond Sub-Account
Invesco V.I. American Franchise Sub-Account              PIMCO VIT Emerging Markets Bond Sub-Account
Invesco V.I. Core Equity Sub-Account                     Pioneer VCT Mid Cap Value Sub-Account
Invesco V.I. Equity and Income Sub-Account (a)           Pioneer VCT Real Estate Shares Sub-Account
Invesco V.I. International Growth Sub-Account (a)        T. Rowe Price Government Money Sub-Account
Ivy VIP Asset Strategy Sub-Account                       T. Rowe Price Growth Stock Sub-Account
LMPVET ClearBridge Variable Aggressive Growth            T. Rowe Price International Stock Sub-Account
   Sub-Account (a)                                       TAP 1919 Variable Socially Responsive Balanced
LMPVET ClearBridge Variable Appreciation                    Sub-Account
   Sub-Account (a)
(a) This Sub-Account may invest in two or more share classes within the
    underlying fund, portfolio or series of the Trusts.
(b) This Sub-Account began operations during the period ended December 31,
    2019.

B. The following Sub-Accounts had no net assets as of December 31, 2019:

Federated Managed Volatility II Sub-Account
Invesco Oppenheimer V.I. Global Strategic Income Sub-Account
Invesco Oppenheimer V.I. Total Return Bond Sub-Account
Invesco V.I. Growth and Income Sub-Account
Janus Henderson Global Research Sub-Account


3.  PORTFOLIO CHANGES


The following Sub-Accounts ceased operations during the year ended December 31,
2019:

Oppenheimer VA Global Multi-Alternatives Sub-Account




                                     94



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



3.  PORTFOLIO CHANGES -- (CONCLUDED)


The operations of the Sub-Accounts were affected by the following changes that
occurred during the year ended December 31, 2019:

NAME CHANGES:



Former Name                                              New Name

BHFTI Clearbridge Aggressive Growth Portfolio            BHFTI Loomis Sayles Growth Portfolio
BHFTI Fidelity Institutional Asset Management(R)         BHFTI Western Asset Management Government
   Government Income Portfolio                             Income Portfolio
BHFTI Loomis Sayles Global Markets Portfolio             BHFTI Loomis Sayles Global Allocation Portfolio
BHFTI Morgan Stanley Mid Cap Growth Portfolio            BHFTI Morgan Stanley Discovery Portfolio
BHFTI Oppenheimer Global Equity Portfolio                BHFTI Invesco Global Equity Portfolio
Oppenheimer VA Global Strategic Income Portfolio         Invesco Oppenheimer V.I. Global Strategic Income
                                                           Portfolio
Oppenheimer VA Government Money Portfolio                Invesco Oppenheimer V.I. Government Money Portfolio
Oppenheimer VA Main Street Portfolio                     Invesco Oppenheimer V.I. Main Street Portfolio
Oppenheimer VA Main Street Small Cap Portfolio           Invesco Oppenheimer V.I. Main Street Small Cap
                                                           Portfolio
Oppenheimer VA Total Return Bond Portfolio               Invesco Oppenheimer V.I. Total Return Bond Portfolio
TRUST NAME CHANGE:



Former Name                                             New Name

Oppenheimer Variable Account Funds                      AIM Variable Insurance Funds (Invesco Variable
                                                          Insurance Funds)

4.  SIGNIFICANT ACCOUNTING POLICIES


BASIS OF ACCOUNTING
The financial statements have been prepared in accordance with accounting
principles generally accepted in the United States of America ("GAAP")
applicable for variable annuity separate accounts registered as unit investment
trusts, which follow the accounting and reporting guidance in Financial
Accounting Standards Board ACCOUNTING STANDARDS CODIFICATION TOPIC 946,
INVESTMENT COMPANIES.


SECURITY TRANSACTIONS
Security transactions are recorded on a trade date basis. Realized gains and
losses on the sales of investments are computed on the basis of the average
cost of the investment sold. Income from dividends and realized gain
distributions are recorded on the ex-distribution date.


SECURITY VALUATION
A Sub-Account's investment in shares of a fund, portfolio or series of the
Trusts is valued at fair value based on the closing net asset value ("NAV") or
price per share as determined by the Trusts as of the end of the year. All
changes in fair value are recorded as changes in unrealized gains (losses) on
investments in the statements of operations of the applicable Sub-Accounts. The
Separate Account defines fair value as the price that would be received to sell
an asset or paid to transfer a liability (an exit price) in the principal or
most advantageous market for the asset or liability in an orderly transaction
between market participants on the measurement date. Each Sub-Account invests
in shares of open-end mutual funds which calculate a daily NAV based on the
fair value of the underlying securities in their portfolios. As a result, and
as required by law, shares of open-end mutual funds are purchased and redeemed
at their quoted daily NAV as reported by the Trusts at the close of each
business day.



                                     95



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



4.  SIGNIFICANT ACCOUNTING POLICIES -- (CONCLUDED)


FEDERAL INCOME TAXES
The operations of the Separate Account form a part of the total operations of
the Company and are not taxed separately. The Company is taxed as a life
insurance company under the provisions of the Internal Revenue Code ("IRC").
Under the current provisions of the IRC, the Company does not expect to incur
federal income taxes on the earnings of the Separate Account to the extent the
earnings are credited under the Contracts. Accordingly, no charge is currently
being made to the Separate Account for federal income taxes. The Company will
periodically review the status of this policy in the event of changes in the
tax law. A charge may be made in future years for any federal income taxes that
would be attributable to the Contracts.


ANNUITY PAYOUTS
Net assets allocated to Contracts in the payout period are computed according
to industry standard mortality tables. The assumed investment return is between
3.0 and 6.0 percent. The mortality risk is fully borne by the Company and may
result in additional amounts being transferred into the Separate Account by the
Company to cover greater longevity of annuitants than expected. Conversely, if
amounts allocated exceed amounts required, transfers may be made to the
Company.


PURCHASE PAYMENTS
Purchase payments received from contract owners by the Company are credited as
accumulation units as of the end of the valuation period in which received, as
provided in the prospectus of the Contracts, and are reported as contract
transactions on the statements of changes in net assets of the applicable
Sub-Accounts.


NET TRANSFERS
Assets transferred by the contract owner into or out of Sub-Accounts within the
Separate Account or into or out of the fixed account, which is part of the
Company's general account, are recorded on a net basis as net transfers in the
statements of changes in net assets of the applicable Sub-Accounts.


USE OF ESTIMATES
The preparation of financial statements in accordance with GAAP requires
management to make estimates and assumptions that affect amounts reported
herein. Actual results could differ from these estimates.


5.  EXPENSES AND RELATED PARTY TRANSACTIONS


The following annual Separate Account charges paid to the Company are
asset-based charges assessed through a daily reduction in unit values, which
are recorded as expenses in the accompanying statements of operations of the
applicable Sub-Accounts:

     Mortality and Expense Risk -- The mortality risk assumed by the Company is
     the risk that those insured may die sooner than anticipated and therefore,
     the Company will pay an aggregate amount of death benefits greater than
     anticipated. The expense risk assumed is the risk that expenses incurred
     in issuing and administering the Contracts will exceed the amounts
     realized from the administrative charges assessed against the Contracts.
     In addition, the charge compensates the Company for the risk that the
     investor may live longer than estimated and the Company would be obligated
     to pay more in income payments than anticipated.

     Administrative -- The Company has responsibility for the administration of
     the Contracts and the Separate Account. Generally, the administrative
     charge is related to the maintenance, including distribution, of each
     contract and the Separate Account.

     Optional Death Benefit Rider -- For an additional charge, the total death
     benefit payable may be increased based on increases in account value of
     the Contracts.



                                     96



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



5.  EXPENSES AND RELATED PARTY TRANSACTIONS -- (CONTINUED)


      Distribution Expense -- The risk that surrender charges will be
      insufficient to cover the actual costs of distribution which includes
      commissions, fees, registration costs, direct and indirect selling
      expenses.

      Guaranteed Minimum Accumulation Benefit -- For an additional charge, the
      Company will guarantee that the contract value will not be less than a
      guaranteed minimum amount at the end of a specified number of years.

      Guaranteed Withdrawal Benefit for Life -- For an additional charge that
      includes the Mortality and Expense Risk charge and a Guaranteed
      Withdrawal Benefit, the Company will guarantee the periodic return on the
      investment for life of a single annuitant or joint annuitants.

      Earnings Preservation Benefit -- For an additional charge, the Company
      will provide this additional death benefit.

      The table below represents the range of effective annual rates for each
      respective charge for the year ended December 31, 2019:



     ----------------------------------------------------------------------------------------------------------------------------
      Mortality and Expense Risk                                                                                  0.70% - 2.05%
     ----------------------------------------------------------------------------------------------------------------------------
      Administrative                                                                                              0.10% - 0.25%
     ----------------------------------------------------------------------------------------------------------------------------
      Optional Death Benefit Rider                                                                                0.15% - 0.35%
     ----------------------------------------------------------------------------------------------------------------------------
      Distribution Expense                                                                                                0.10%
     ----------------------------------------------------------------------------------------------------------------------------
      Guaranteed Minimum Accumulation Benefit                                                                             1.50%
     ----------------------------------------------------------------------------------------------------------------------------
      Guaranteed Withdrawal Benefit for Life                                                                      1.90% - 2.05%
     ----------------------------------------------------------------------------------------------------------------------------
      Earnings Preservation Benefit                                                                                       0.25%
     ----------------------------------------------------------------------------------------------------------------------------
      The above referenced charges may not necessarily correspond to the costs
      associated with providing the services or benefits indicated by the
      designation of the charge or associated with a particular contract. The
      range of effective rates disclosed above excludes any waivers granted to
      certain Sub-Accounts.

The following optional rider charges paid to the Company are charged at each
contract anniversary date through the redemption of units and are recorded as
contract charges in the accompanying statements of changes in net assets of the
applicable Sub-Accounts:

      Guaranteed Minimum Accumulation Benefit -- For an additional charge, the
      Company will guarantee that the contract value will not be less than a
      guaranteed minimum amount at the end of a specified number of years.

      Lifetime Withdrawal Guarantee -- For an additional charge, the Company
      will guarantee minimum withdrawals for life regardless of market
      conditions.

      Guaranteed Withdrawal Benefit -- For an additional charge, the Company
      will guarantee minimum withdrawals regardless of market conditions.

      Guaranteed Minimum Income Benefit -- For an additional charge, the
      Company will guarantee a minimum payment regardless of market
      conditions.

      Enhanced Death Benefit -- For an additional charge, the Company will
      guarantee a death benefit equal to the greater of the account value or
      the higher of two death benefit bases.

      Enhanced Guaranteed Withdrawal Benefit -- For an additional charge, the
      Company will guarantee that at least the entire amount of purchase
      payments will be returned through a series of withdrawals without
      annuitizing.




                                     97



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



5.  EXPENSES AND RELATED PARTY TRANSACTIONS -- (CONCLUDED)


      The table below represents the range of effective annual rates for each
      respective charge for the year ended December 31, 2019:



     ------------------------------------------------------------------------------------------------------------------------
      Guaranteed Minimum Accumulation Benefit                                                                         0.75%
     ------------------------------------------------------------------------------------------------------------------------
      Lifetime Withdrawal Guarantee                                                                           0.50% - 1.70%
     ------------------------------------------------------------------------------------------------------------------------
      Guaranteed Withdrawal Benefit                                                                           0.25% - 1.80%
     ------------------------------------------------------------------------------------------------------------------------
      Guaranteed Minimum Income Benefit                                                                       0.50% - 1.15%
     ------------------------------------------------------------------------------------------------------------------------
      Enhanced Death Benefit                                                                                  0.60% - 1.35%
     ------------------------------------------------------------------------------------------------------------------------
      Enhanced Guaranteed Withdrawal Benefit                                                                  0.50% - 1.00%
     ------------------------------------------------------------------------------------------------------------------------
      The above referenced charges may not necessarily correspond to the costs
      associated with providing the services or benefits indicated by the
      designation of the charge or associated with a particular contract.

A contract maintenance fee ranging from $30 to $50 is assessed on an annual
basis for Contracts with a value of less than $50,000 to $75,000. A transfer
fee ranging from $0 to $25 may be deducted after twelve transfers are made in a
contract year or, for certain Contracts, 2% of the amount transferred from the
contract value, if less. For certain Contracts, an administrative charge is
also assessed which ranges from $12 to $29.50 for each Sub-Account in which the
contract owner invests (waived if purchase payments equal or exceed $2,000 in
the year, or if the account value is $10,000 or more at year end). For other
Contracts, the administrative charge is $21.50 plus $2.50 for each Sub-Account
selected, subject to the same waiver terms. In addition, the Contracts impose a
surrender charge which ranges from 0% to 9% if the contract is partially or
fully surrendered within the specified surrender charge period. For certain
Contracts, a transaction charge of the lesser of $10 or 2% of the surrender is
imposed on surrenders and a $10 charge is assessed for annuitizations. For
those contract owners who choose optional living benefit riders or certain
optional death benefit riders, these charges range from 0.15% to 1.80% of the
benefit base and are charged at each contract anniversary date. These charges
are paid to the Company and recorded as contract charges in the accompanying
statements of changes in net assets of the applicable Sub-Accounts.

BHFTI and BHFTII currently offer shares of their portfolios only to separate
accounts established by the Company and other affiliated life insurance
companies, and are managed by Brighthouse Investment Advisers, LLC
("Brighthouse Advisers"), an affiliate of the Company. Brighthouse Advisers is
also the investment adviser to the portfolios of BHFTI and BHFTII.






                                     98



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



6.  STATEMENTS OF INVESTMENTS




                                                                                                           FOR THE YEAR ENDED
                                                                      AS OF DECEMBER 31, 2019               DECEMBER 31, 2019
                                                                  ------------------------------     ------------------------------
                                                                                                        COST OF         PROCEEDS
                                                                     SHARES           COST ($)       PURCHASES ($)   FROM SALES ($)
                                                                  -------------    -------------     -------------   --------------

     Alger Small Cap Growth Sub-Account.........................      2,020,735       52,130,768         3,443,836        5,786,055
     American Funds(R) Bond Sub-Account.........................     11,365,528      121,608,733        13,246,858       20,092,512
     American Funds(R) Global Growth Sub-Account................      9,335,906      224,293,266        23,983,675       49,565,222
     American Funds(R) Global Small Capitalization Sub-Account..      4,055,166       83,694,034         8,352,856       18,237,038
     American Funds(R) Growth Sub-Account.......................      8,661,385      534,198,207        77,680,089      124,010,392
     American Funds(R) Growth-Income Sub-Account................      7,849,684      325,988,058        57,253,208       56,002,060
     BHFTI AB Global Dynamic Allocation Sub-Account.............    223,363,879    2,304,975,826       153,598,009      335,540,463
     BHFTI AB International Bond Sub-Account (a)................        147,652        1,534,730         1,637,694          103,261
     BHFTI American Funds(R) Balanced Allocation Sub-Account....    315,335,943    2,921,290,219       289,622,032      282,979,629
     BHFTI American Funds(R) Growth Allocation Sub-Account......    191,906,583    1,679,992,405       196,554,864      183,719,938
     BHFTI American Funds(R) Growth Sub-Account.................     84,742,774      794,788,779       153,280,367       48,906,366
     BHFTI American Funds(R) Moderate Allocation Sub-Account....    150,216,428    1,405,761,603       118,034,673      131,781,036
     BHFTI AQR Global Risk Balanced Sub-Account.................    224,423,059    2,285,056,609        61,231,116      271,444,324
     BHFTI BlackRock Global Tactical Strategies Sub-Account.....    415,248,528    4,093,802,746         8,861,930      532,741,837
     BHFTI BlackRock High Yield Sub-Account.....................     40,009,268      312,323,424        80,440,640       14,620,222
     BHFTI Brighthouse Asset Allocation 100 Sub-Account.........     44,756,632      491,342,813        72,386,669       60,974,220
     BHFTI Brighthouse Balanced Plus Sub-Account................    646,902,575    6,719,797,622       168,050,185      739,264,249
     BHFTI Brighthouse Small Cap Value Sub-Account..............     14,346,792      204,567,021        23,253,220       25,416,668
     BHFTI Brighthouse/Aberdeen Emerging Markets Equity
       Sub-Account..............................................     33,145,814      320,870,463         7,275,348       50,069,640
     BHFTI Brighthouse/Artisan International Sub-Account........         26,130          253,160             4,268           44,431
     BHFTI Brighthouse/Eaton Vance Floating Rate Sub-Account....      8,628,351       88,489,819        17,249,560        6,269,788
     BHFTI Brighthouse/Franklin Low Duration Total Return
       Sub-Account..............................................     14,921,256      146,100,857        17,364,819       14,416,686
     BHFTI Brighthouse/Templeton International Bond
       Sub-Account..............................................      3,419,532       37,917,823         4,353,477        2,587,065
     BHFTI Brighthouse/Wellington Large Cap Research
       Sub-Account..............................................      1,072,201       12,311,995         2,025,897        1,896,446
     BHFTI Clarion Global Real Estate Sub-Account...............     17,931,679      205,360,158         7,503,060       39,559,151
     BHFTI Harris Oakmark International Sub-Account.............     43,038,400      593,821,376        67,104,595       67,561,239
     BHFTI Invesco Balanced-Risk Allocation Sub-Account.........     91,652,060      932,170,461         2,912,576      103,531,458
     BHFTI Invesco Comstock Sub-Account.........................     47,490,919      584,557,805        95,872,366       72,096,500
     BHFTI Invesco Global Equity Sub-Account....................      2,404,494       44,910,186         7,550,110        9,372,927
     BHFTI Invesco Small Cap Growth Sub-Account.................     27,697,595      369,201,161        64,098,990       25,396,613
     BHFTI JPMorgan Core Bond Sub-Account.......................     32,225,209      334,914,534        36,939,768       27,618,153
     BHFTI JPMorgan Global Active Allocation Sub-Account........     97,024,684    1,078,511,089        34,146,427      129,711,257
     BHFTI JPMorgan Small Cap Value Sub-Account.................      1,429,194       20,672,084         3,094,445        1,848,202
     BHFTI Loomis Sayles Global Allocation Sub-Account..........      9,071,497      120,941,122        20,876,092       17,404,283
     BHFTI Loomis Sayles Growth Sub-Account.....................     24,054,126      274,824,786        60,252,631       52,697,017
     BHFTI MetLife Multi-Index Targeted Risk Sub-Account........     73,826,885      866,566,511        32,936,692       81,810,679
     BHFTI MFS(R) Research International Sub-Account............     19,213,658      210,559,537        17,117,876       31,502,697
     BHFTI Morgan Stanley Discovery Sub-Account.................     12,573,081      180,119,804        55,439,205       57,665,914
     BHFTI PanAgora Global Diversified Risk Sub-Account.........     12,061,984      129,398,287        18,602,319       15,216,052
     BHFTI PIMCO Inflation Protected Bond Sub-Account...........     55,456,740      594,377,444        28,287,063       61,705,115
     BHFTI PIMCO Total Return Sub-Account.......................    112,455,531    1,315,369,293        76,682,199      153,370,352
     BHFTI Schroders Global Multi-Asset Sub-Account.............     70,254,860      821,178,318        13,535,995      122,304,929
     BHFTI SSGA Emerging Markets Enhanced Index
       Sub-Account (a)..........................................         84,025          804,630           807,011            2,518
     BHFTI SSGA Growth and Income ETF Sub-Account...............    100,323,820    1,104,800,439        87,465,171      120,441,480
     BHFTI SSGA Growth ETF Sub-Account..........................     35,658,111      383,870,371        38,893,063       49,837,531
     BHFTI T. Rowe Price Large Cap Value Sub-Account............     23,493,608      664,053,651       102,828,450       74,946,456
     BHFTI T. Rowe Price Mid Cap Growth Sub-Account.............     49,950,255      462,328,063        90,077,569       56,035,335
     BHFTI TCW Core Fixed Income Sub-Account....................         26,649          270,089            36,901           80,038

(a)  For the period April 29, 2019 to December 31, 2019.


                                     99



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



6.  STATEMENTS OF INVESTMENTS -- (CONTINUED)




                                                                                                           FOR THE YEAR ENDED
                                                                      AS OF DECEMBER 31, 2019               DECEMBER 31, 2019
                                                                  ------------------------------     -------------------------------
                                                                                                         COST OF         PROCEEDS
                                                                     SHARES           COST ($)        PURCHASES ($)   FROM SALES ($)
                                                                  -------------    -------------     --------------   --------------

     BHFTI Victory Sycamore Mid Cap Value Sub-Account...........     12,143,943      205,150,637        10,562,241        31,265,016
     BHFTI Wells Capital Management Mid Cap Value
       Sub-Account..............................................      9,948,575      125,831,614         4,817,246        20,062,050
     BHFTI Western Asset Management Government Income
       Sub-Account..............................................     47,128,420      503,466,811        43,422,098        75,357,763
     BHFTII Baillie Gifford International Stock Sub-Account.....     16,767,877      164,497,893        16,411,769        33,792,544
     BHFTII BlackRock Bond Income Sub-Account...................        882,576       93,084,167        23,484,277         7,873,260
     BHFTII BlackRock Capital Appreciation Sub-Account..........      1,263,668       48,832,259        27,125,425         4,876,640
     BHFTII BlackRock Ultra-Short Term Bond Sub-Account.........      2,768,297      278,338,563        69,243,068        79,437,733
     BHFTII Brighthouse Asset Allocation 20 Sub-Account.........     11,724,997      126,300,899        34,786,360        18,755,661
     BHFTII Brighthouse Asset Allocation 40 Sub-Account.........    271,894,211    3,232,001,278       229,490,094       421,845,347
     BHFTII Brighthouse Asset Allocation 60 Sub-Account.........    475,148,206    5,929,958,970       588,279,752       695,083,732
     BHFTII Brighthouse Asset Allocation 80 Sub-Account.........    399,679,796    5,426,801,623       619,299,644       632,531,218
     BHFTII Brighthouse/Artisan Mid Cap Value Sub-Account.......        779,783      167,672,543        22,781,425        19,129,109
     BHFTII Brighthouse/Dimensional International Small
       Company Sub-Account......................................      5,435,534       73,170,964         9,714,876         8,216,217
     BHFTII Brighthouse/Wellington Core Equity Opportunities
       Sub-Account..............................................     21,847,898      639,474,911        91,448,558       137,398,124
     BHFTII Frontier Mid Cap Growth Sub-Account.................      2,153,363       65,613,990        12,510,330         9,682,080
     BHFTII Jennison Growth Sub-Account.........................     33,547,192      444,502,655        84,403,490        66,422,004
     BHFTII Loomis Sayles Small Cap Core Sub-Account............         55,354       13,246,896         1,568,964         1,641,414
     BHFTII Loomis Sayles Small Cap Growth Sub-Account..........         18,749          245,448            72,436           145,956
     BHFTII MetLife Aggregate Bond Index Sub-Account............     28,897,718      311,498,647        36,852,843        33,831,992
     BHFTII MetLife Mid Cap Stock Index Sub-Account.............      9,115,250      147,726,265        24,712,708        16,052,420
     BHFTII MetLife MSCI EAFE(R) Index Sub-Account..............      8,550,264      104,310,902        10,292,350        13,707,918
     BHFTII MetLife Russell 2000(R) Index Sub-Account...........      8,244,078      140,500,943        27,758,711        17,260,899
     BHFTII MetLife Stock Index Sub-Account.....................     12,573,242      484,762,273        90,134,251        81,867,617
     BHFTII MFS(R) Total Return Sub-Account.....................        218,305       33,330,661         3,920,576         6,910,128
     BHFTII MFS(R) Value Sub-Account............................     18,197,553      270,999,718        32,355,227        31,731,725
     BHFTII Neuberger Berman Genesis Sub-Account................      6,448,017      105,108,849        20,503,221        12,961,191
     BHFTII T. Rowe Price Large Cap Growth Sub-Account..........     15,611,084      334,810,058        74,880,146        19,399,030
     BHFTII T. Rowe Price Small Cap Growth Sub-Account..........        649,748       12,746,061         2,887,122         1,977,266
     BHFTII VanEck Global Natural Resources Sub-Account.........      8,348,525       92,930,551         9,315,364         5,687,995
     BHFTII Western Asset Management Strategic Bond
       Opportunities Sub-Account................................     69,672,251      905,528,880        67,758,935       129,412,903
     BHFTII Western Asset Management U.S. Government
       Sub-Account..............................................     19,149,023      228,119,329        18,708,567        26,826,507
     BlackRock Global Allocation V.I. Sub-Account...............      1,089,664       15,365,432         8,426,838           659,587
     DWS CROCI(R) International VIP Sub-Account.................      1,480,362       13,488,730           466,926           880,222
     Federated High Income Bond Sub-Account.....................            333            2,268               125                29
     Federated Kaufman Sub-Account..............................          3,515           54,124             6,380             1,023
     Fidelity(R) VIP Asset Manager Sub-Account..................      4,046,575       61,371,468         3,972,711         8,228,565
     Fidelity(R) VIP Contrafund Sub-Account.....................     16,159,129      458,001,867        75,038,923        82,916,809
     Fidelity(R) VIP Equity-Income Sub-Account..................        177,649        3,919,025           358,430           686,443
     Fidelity(R) VIP FundsManager 50% Sub-Account...............    296,527,591    3,495,224,416       426,411,300       776,835,241
     Fidelity(R) VIP FundsManager 60% Sub-Account...............    211,614,817    2,118,760,459       387,803,862       392,967,337
     Fidelity(R) VIP Government Money Market Sub-Account........     16,263,312       16,263,312         1,665,634         2,888,886
     Fidelity(R) VIP Growth Sub-Account.........................      2,433,268      113,204,477        11,772,080        20,427,586
     Fidelity(R) VIP Index 500 Sub-Account......................        204,442       29,384,798         2,150,264         7,121,005
     Fidelity(R) VIP Mid Cap Sub-Account........................     11,969,194      359,646,878        47,719,051        36,455,218
     Fidelity(R) VIP Overseas Sub-Account.......................        179,368        3,356,959           318,273           521,147
     FTVIPT Franklin Income VIP Sub-Account.....................     14,180,182      213,925,082        17,415,545        28,137,474
     FTVIPT Franklin Mutual Shares VIP Sub-Account..............      5,969,794      107,127,009        12,993,799        16,490,210

(a)  For the period April 29, 2019 to December 31, 2019.


                                     100



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



6.  STATEMENTS OF INVESTMENTS -- (CONCLUDED)




                                                                                                           FOR THE YEAR ENDED
                                                                        AS OF DECEMBER 31, 2019             DECEMBER 31, 2019
                                                                   -------------------------------   ------------------------------
                                                                                                        COST OF         PROCEEDS
                                                                       SHARES          COST ($)      PURCHASES ($)   FROM SALES ($)
                                                                   -------------     -------------   -------------   --------------

     FTVIPT Franklin Small Cap Value VIP Sub-Account.............      7,756,621       126,508,777      21,923,547       15,140,501
     FTVIPT Templeton Foreign VIP Sub-Account....................      4,665,358        68,123,848       4,274,378        3,841,118
     FTVIPT Templeton Global Bond VIP Sub-Account................     11,607,929       209,597,388      16,140,765       17,788,607
     Invesco Oppenheimer V.I. Government Money Sub-Account.......          2,951             2,951              51              176
     Invesco Oppenheimer V.I. Main Street Small Cap Sub-Account..      4,298,791        82,465,821      10,419,803       13,734,582
     Invesco Oppenheimer V.I. Main Street Sub-Account............            575            13,994           2,615              216
     Invesco V.I. American Franchise Sub-Account.................             45             2,580             387               48
     Invesco V.I. Core Equity Sub-Account........................          3,703           110,245          14,954           10,985
     Invesco V.I. Equity and Income Sub-Account..................     34,550,908       522,410,250      58,428,455       69,201,906
     Invesco V.I. International Growth Sub-Account...............      6,073,551       173,683,042      17,741,428       41,143,501
     Ivy VIP Asset Strategy Sub-Account..........................         31,825           288,717          54,302           62,425
     LMPVET ClearBridge Variable Aggressive Growth
       Sub-Account...............................................     11,166,061       239,587,422      17,786,254       36,741,406
     LMPVET ClearBridge Variable Appreciation Sub-Account........      9,426,503       286,172,719      44,170,658       74,469,780
     LMPVET ClearBridge Variable Dividend Strategy Sub-Account...     10,676,365       142,556,398      21,845,960       29,031,479
     LMPVET ClearBridge Variable Large Cap Growth
       Sub-Account...............................................         79,777         1,629,842         261,242          638,662
     LMPVET ClearBridge Variable Large Cap Value Sub-Account.....        356,061         6,587,113       1,739,824        1,249,767
     LMPVET ClearBridge Variable Small Cap Growth
       Sub-Account...............................................      4,688,203        97,172,606      20,255,892       12,358,520
     LMPVET QS Variable Conservative Growth Sub-Account..........      2,268,409        29,693,246       1,486,453        4,749,321
     LMPVET QS Variable Growth Sub-Account.......................      5,294,581        68,447,541       5,118,162       13,156,747
     LMPVET QS Variable Moderate Growth Sub-Account..............         43,847           535,240          38,487           53,813
     LMPVIT Western Asset Variable Global High Yield Bond
       Sub-Account...............................................     11,985,914        93,071,099      11,267,494       11,617,755
     MFS(R) VIT Investors Trust Sub-Account......................            104             2,269             206               43
     MFS(R) VIT New Discovery Sub-Account........................            368             6,743           1,326            3,670
     MFS(R) VIT Research Sub-Account.............................            809            18,557           2,403            1,637
     Morgan Stanley VIF Global Infrastructure Sub-Account........         70,024           541,587         111,750          100,775
     Neuberger Berman Genesis Sub-Account........................            111             4,789             356               54
     PIMCO VIT CommodityRealReturn(R) Strategy Sub-Account.......         63,296           466,743          83,235           79,730
     PIMCO VIT Dynamic Bond Sub-Account..........................         57,748           591,490         116,270           65,843
     PIMCO VIT Emerging Markets Bond Sub-Account.................         61,167           771,106          59,526          158,236
     Pioneer VCT Mid Cap Value Sub-Account.......................      3,123,060        56,989,368       4,973,633        8,429,996
     Pioneer VCT Real Estate Shares Sub-Account..................         19,228           274,356          77,697           54,625
     T. Rowe Price Government Money Sub-Account..................        193,891           193,891          22,872            8,930
     T. Rowe Price Growth Stock Sub-Account......................        115,901         5,188,186         311,767          985,822
     T. Rowe Price International Stock Sub-Account...............         29,555           444,211          32,023           35,145
     TAP 1919 Variable Socially Responsive Balanced Sub-Account..          6,536           175,846           9,227           13,327

(a)  For the period April 29, 2019 to December 31, 2019.



                                     101



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:





                                     ALGER SMALL CAP GROWTH           AMERICAN FUNDS(R) BOND        AMERICAN FUNDS(R) GLOBAL GROWTH
                                           SUB-ACCOUNT                      SUB-ACCOUNT                       SUB-ACCOUNT
                                 -------------------------------  --------------------------------  --------------------------------
                                      2019             2018             2019            2018             2019             2018
                                 ---------------  --------------  ---------------  ---------------  --------------  ---------------


Units beginning of year........        2,688,052       2,933,840        7,204,717        7,338,385       6,019,155        6,214,664
Units issued and transferred
   from other funding options..           65,408         369,515        1,283,999        1,380,319         464,476          793,900
Units redeemed and transferred
   to other funding options....        (271,203)       (615,303)      (1,405,833)      (1,513,987)     (1,050,224)        (989,409)
                                 ---------------  --------------  ---------------  ---------------  --------------  ---------------
Units end of year..............        2,482,257       2,688,052        7,082,883        7,204,717       5,433,407        6,019,155
                                 ===============  ==============  ===============  ===============  ==============  ===============



                                        AMERICAN FUNDS(R)
                                   GLOBAL SMALL CAPITALIZATION      AMERICAN FUNDS(R) GROWTH       AMERICAN FUNDS(R) GROWTH-INCOME
                                           SUB-ACCOUNT                     SUB-ACCOUNT                       SUB-ACCOUNT
                                 ------------------------------  -------------------------------  ---------------------------------
                                      2019            2018            2019             2018             2019            2018
                                 --------------  --------------  ---------------  --------------  ---------------  ---------------


Units beginning of year........       2,457,371       2,697,437        1,952,191       2,352,201        2,624,423        2,282,271
Units issued and transferred
   from other funding options..         137,538         211,151           31,505          35,932          690,522          695,804
Units redeemed and transferred
   to other funding options....       (423,956)       (451,217)        (327,334)       (435,942)        (342,260)        (353,652)
                                 --------------  --------------  ---------------  --------------  ---------------  ---------------
Units end of year..............       2,170,953       2,457,371        1,656,362       1,952,191        2,972,685        2,624,423
                                 ==============  ==============  ===============  ==============  ===============  ===============



                                                                      BHFTI AB
                                            BHFTI AB                INTERNATIONAL      BHFTI AMERICAN FUNDS(R)
                                    GLOBAL DYNAMIC ALLOCATION           BOND             BALANCED ALLOCATION
                                           SUB-ACCOUNT               SUB-ACCOUNT             SUB-ACCOUNT
                                 --------------------------------  --------------  -------------------------------
                                       2019            2018           2019 (a)           2019            2018
                                 ---------------  ---------------  --------------  ---------------  --------------


Units beginning of year........      212,871,321      234,041,870              --      203,079,308     220,323,596
Units issued and transferred
   from other funding options..        2,296,524        5,033,116         159,652        9,780,218      13,046,913
Units redeemed and transferred
   to other funding options....     (23,392,660)     (26,203,665)        (10,642)     (23,879,253)    (30,291,201)
                                 ---------------  ---------------  --------------  ---------------  --------------
Units end of year..............      191,775,185      212,871,321         149,010      188,980,273     203,079,308
                                 ===============  ===============  ==============  ===============  ==============




                                     BHFTI AMERICAN FUNDS(R)                   BHFTI                   BHFTI AMERICAN FUNDS(R)
                                        GROWTH ALLOCATION            AMERICAN FUNDS(R) GROWTH            MODERATE ALLOCATION
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                      2019             2018            2019             2018            2019             2018
                                 --------------  ---------------  --------------  ---------------  ---------------  --------------


Units beginning of year........     113,490,991      122,012,392      72,677,305       73,869,010      101,025,606     111,929,949
Units issued and transferred
   from other funding options..       5,872,013        7,871,252       9,470,430       14,488,104        5,138,290       4,434,950
Units redeemed and transferred
   to other funding options....    (14,542,082)     (16,392,653)    (11,752,821)     (15,679,809)     (12,046,827)    (15,339,293)
                                 --------------  ---------------  --------------  ---------------  ---------------  --------------
Units end of year..............     104,820,922      113,490,991      70,394,914       72,677,305       94,117,069     101,025,606
                                 ==============  ===============  ==============  ===============  ===============  ==============



                                             BHFTI AQR                     BHFTI BLACKROCK
                                       GLOBAL RISK BALANCED          GLOBAL TACTICAL STRATEGIES        BHFTI BLACKROCK HIGH YIELD
                                            SUB-ACCOUNT                      SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  --------------------------------  -------------------------------
                                       2019             2018            2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------  --------------  ---------------


Units beginning of year........      182,066,578      202,498,724      353,756,093      388,316,355       8,357,441        8,401,774
Units issued and transferred
   from other funding options..        2,017,350        3,567,226        3,977,511        6,393,453       3,320,428        1,892,652
Units redeemed and transferred
   to other funding options....     (22,056,039)     (23,999,372)     (38,726,046)     (40,953,715)     (1,627,848)      (1,936,985)
                                 ---------------  ---------------  ---------------  ---------------  --------------  ---------------
Units end of year..............      162,027,889      182,066,578      319,007,558      353,756,093      10,050,021        8,357,441
                                 ===============  ===============  ===============  ===============  ==============  ===============



                                               BHFTI                             BHFTI
                                 BRIGHTHOUSE ASSET ALLOCATION 100      BRIGHTHOUSE BALANCED PLUS
                                            SUB-ACCOUNT                       SUB-ACCOUNT
                                 ---------------------------------  -------------------------------
                                       2019             2018             2019             2018
                                  ---------------  ---------------  --------------  ---------------


Units beginning of year........        27,764,232       30,589,042     503,167,035      528,210,748
Units issued and transferred
   from other funding options..         1,115,616        1,603,629      16,479,991       29,410,004
Units redeemed and transferred
   to other funding options....       (3,365,258)      (4,428,439)    (56,103,414)     (54,453,717)
                                  ---------------  ---------------  --------------  ---------------
Units end of year..............        25,514,590       27,764,232     463,543,612      503,167,035
                                  ===============  ===============  ==============  ===============



                                              BHFTI
                                   BRIGHTHOUSE SMALL CAP VALUE
                                           SUB-ACCOUNT
                                 --------------------------------
                                       2019            2018
                                 ---------------  ---------------


Units beginning of year........        7,365,900        8,335,979
Units issued and transferred
   from other funding options..          546,670          543,727
Units redeemed and transferred
   to other funding options....      (1,165,751)      (1,513,806)
                                 ---------------  ---------------
Units end of year..............        6,746,819        7,365,900
                                 ===============  ===============



                                   BHFTI BRIGHTHOUSE/ABERDEEN          BHFTI BRIGHTHOUSE/                BHFTI BRIGHTHOUSE/
                                     EMERGING MARKETS EQUITY          ARTISAN INTERNATIONAL           EATON VANCE FLOATING RATE
                                           SUB-ACCOUNT                     SUB-ACCOUNT                       SUB-ACCOUNT
                                 ------------------------------  -------------------------------  --------------------------------
                                      2019            2018            2019             2018             2019             2018
                                 --------------  --------------  --------------  ---------------  ---------------  ---------------


Units beginning of year........      35,052,942      35,923,134          30,041           28,148        6,426,630        5,324,129
Units issued and transferred
   from other funding options..       2,250,629       6,165,444             159            3,009        1,875,253        2,521,694
Units redeemed and transferred
   to other funding options....     (6,167,437)     (7,035,636)         (3,717)          (1,116)      (1,198,911)      (1,419,193)
                                 --------------  --------------  --------------  ---------------  ---------------  ---------------
Units end of year..............      31,136,134      35,052,942          26,483           30,041        7,102,972        6,426,630
                                 ==============  ==============  ==============  ===============  ===============  ===============



                                   BHFTI BRIGHTHOUSE/FRANKLIN        BHFTI BRIGHTHOUSE/TEMPLETON      BHFTI BRIGHTHOUSE/WELLINGTON
                                    LOW DURATION TOTAL RETURN            INTERNATIONAL BOND                LARGE CAP RESEARCH
                                           SUB-ACCOUNT                       SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  --------------------------------  -------------------------------
                                      2019             2018             2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------  ---------------  --------------


Units beginning of year........       14,147,915       15,198,406        2,637,613        3,032,605          754,715         825,196
Units issued and transferred
   from other funding options..        2,738,353        2,636,228          346,120          221,615           13,815          22,090
Units redeemed and transferred
   to other funding options....      (2,705,410)      (3,686,719)        (378,722)        (616,607)         (84,872)        (92,571)
                                 ---------------  ---------------  ---------------  ---------------  ---------------  --------------
Units end of year..............       14,180,858       14,147,915        2,605,011        2,637,613          683,658         754,715
                                 ===============  ===============  ===============  ===============  ===============  ==============


(a) For the period April 29, 2019 to December 31, 2019.


                                     102



                                     103



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS -- (CONTINUED)
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:




                                              BHFTI                            BHFTI                             BHFTI
                                   CLARION GLOBAL REAL ESTATE      HARRIS OAKMARK INTERNATIONAL    INVESCO BALANCED-RISK ALLOCATION
                                           SUB-ACCOUNT                      SUB-ACCOUNT                       SUB-ACCOUNT
                                 -------------------------------  -------------------------------  ---------------------------------
                                      2019             2018            2019             2018             2019             2018
                                 ---------------  --------------  --------------  ---------------   ---------------  --------------


Units beginning of year........       12,065,705      13,335,708      21,052,149       20,719,834       765,263,861     827,358,429
Units issued and transferred
   from other funding options..          549,465       1,017,953       2,043,711        3,890,204        28,218,482      50,321,588
Units redeemed and transferred
   to other funding options....      (2,233,419)     (2,287,956)     (3,716,809)      (3,557,889)      (99,189,630)   (112,416,156)
                                 ---------------  --------------  --------------  ---------------   ---------------  --------------
Units end of year..............       10,381,751      12,065,705      19,379,051       21,052,149       694,292,713     765,263,861
                                 ===============  ==============  ==============  ===============   ===============  ==============



                                                                               BHFTI                            BHFTI
                                     BHFTI INVESCO COMSTOCK            INVESCO GLOBAL EQUITY          INVESCO SMALL CAP GROWTH
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  ------------------------------
                                      2019             2018            2019             2018            2019            2018
                                 ---------------  --------------  --------------  ---------------  --------------  --------------


Units beginning of year........       29,425,080      32,917,318       1,691,467        1,939,475       9,018,510       9,589,654
Units issued and transferred
   from other funding options..        2,435,536       2,261,945          51,949           88,496       1,193,447       1,573,020
Units redeemed and transferred
   to other funding options....      (4,837,600)     (5,754,183)       (291,206)        (336,504)     (1,499,076)     (2,144,164)
                                 ---------------  --------------  --------------  ---------------  --------------  --------------
Units end of year..............       27,023,016      29,425,080       1,452,210        1,691,467       8,712,881       9,018,510
                                 ===============  ==============  ==============  ===============  ==============  ==============



                                                                          BHFTI JPMORGAN                        BHFTI
                                    BHFTI JPMORGAN CORE BOND         GLOBAL ACTIVE ALLOCATION         JPMORGAN SMALL CAP VALUE
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  ------------------------------
                                      2019             2018            2019             2018            2019            2018
                                 --------------  ---------------  --------------  ---------------  --------------  --------------


Units beginning of year........      28,609,283       30,860,383     870,005,941      828,047,798         940,191       1,032,660
Units issued and transferred
   from other funding options..       4,910,846        4,176,590      27,693,283      154,818,543          84,368          55,857
Units redeemed and transferred
   to other funding options....     (4,960,214)      (6,427,690)   (107,085,852)    (112,860,400)       (117,202)       (148,326)
                                 --------------  ---------------  --------------  ---------------  --------------  --------------
Units end of year..............      28,559,915       28,609,283     790,613,372      870,005,941         907,357         940,191
                                 ==============  ===============  ==============  ===============  ==============  ==============



                                              BHFTI                             BHFTI                       BHFTI METLIFE
                                 LOOMIS SAYLES GLOBAL ALLOCATION        LOOMIS SAYLES GROWTH          MULTI-INDEX TARGETED RISK
                                           SUB-ACCOUNT                       SUB-ACCOUNT                     SUB-ACCOUNT
                                 --------------------------------  ------------------------------  -------------------------------
                                      2019             2018             2019            2018            2019             2018
                                 --------------  ---------------   --------------  --------------  ---------------  --------------


Units beginning of year........       7,006,931        7,449,959       23,583,660      27,853,512      594,369,348     602,325,151
Units issued and transferred
   from other funding options..         765,951          818,562        1,534,246       1,653,771       30,755,420      61,553,063
Units redeemed and transferred
   to other funding options....     (1,198,134)      (1,261,590)      (4,024,220)     (5,923,623)     (66,572,947)    (69,508,866)
                                 --------------  ---------------   --------------  --------------  ---------------  --------------
Units end of year..............       6,574,748        7,006,931       21,093,686      23,583,660      558,551,821     594,369,348
                                 ==============  ===============   ==============  ==============  ===============  ==============



                                          BHFTI MFS(R)                        BHFTI                        BHFTI PANAGORA
                                     RESEARCH INTERNATIONAL         MORGAN STANLEY DISCOVERY           GLOBAL DIVERSIFIED RISK
                                           SUB-ACCOUNT                     SUB-ACCOUNT                       SUB-ACCOUNT
                                 ------------------------------  -------------------------------  --------------------------------
                                      2019            2018             2019            2018             2019            2018
                                 --------------  --------------  ---------------  --------------  ---------------  ---------------


Units beginning of year........      13,932,370      14,986,140        9,448,933      11,326,489      106,655,491      128,771,774
Units issued and transferred
   from other funding options..         841,809       1,408,933          995,358       1,047,701       22,357,791        9,716,981
Units redeemed and transferred
   to other funding options....     (2,210,833)     (2,462,703)      (2,517,705)     (2,925,257)     (21,569,257)     (31,833,264)
                                 --------------  --------------  ---------------  --------------  ---------------  ---------------
Units end of year..............      12,563,346      13,932,370        7,926,586       9,448,933      107,444,025      106,655,491
                                 ==============  ==============  ===============  ==============  ===============  ===============



                                           BHFTI PIMCO                                                     BHFTI SCHRODERS
                                    INFLATION PROTECTED BOND         BHFTI PIMCO TOTAL RETURN            GLOBAL MULTI-ASSET
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                      2019            2018             2019             2018            2019             2018
                                 --------------  ---------------  --------------  ---------------  ---------------  --------------


Units beginning of year........      40,080,372       43,727,125      76,540,109       83,642,926      679,440,347     442,077,911
Units issued and transferred
   from other funding options..       3,439,641        4,374,269       7,975,106        9,505,039       14,576,316     375,830,386
Units redeemed and transferred
   to other funding options....     (6,454,141)      (8,021,022)    (13,274,743)     (16,607,856)     (92,108,731)   (138,467,950)
                                 --------------  ---------------  --------------  ---------------  ---------------  --------------
Units end of year..............      37,065,872       40,080,372      71,240,472       76,540,109      601,907,932     679,440,347
                                 ==============  ===============  ==============  ===============  ===============  ==============



                                    BHFTI SSGA
                                     EMERGING
                                      MARKETS               BHFTI SSGA
                                  ENHANCED INDEX       GROWTH AND INCOME ETF            BHFTI SSGA GROWTH ETF
                                    SUB-ACCOUNT             SUB-ACCOUNT                      SUB-ACCOUNT
                                 ---------------  -------------------------------  -------------------------------
                                     2019 (a)          2019             2018            2019             2018
                                 ---------------  --------------  ---------------  --------------  ---------------


Units beginning of year........               --      70,665,371       78,213,763      24,904,386       28,040,270
Units issued and transferred
   from other funding options..           85,661       1,839,714        2,423,048         884,861        1,630,444
Units redeemed and transferred
   to other funding options....            (861)     (7,672,447)      (9,971,440)     (3,128,088)      (4,766,328)
                                 ---------------  --------------  ---------------  --------------  ---------------
Units end of year..............           84,800      64,832,638       70,665,371      22,661,159       24,904,386
                                 ===============  ==============  ===============  ==============  ===============





                                              BHFTI                            BHFTI
                                  T. ROWE PRICE LARGE CAP VALUE    T. ROWE PRICE MID CAP GROWTH      BHFTI TCW CORE FIXED INCOME
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                       2019            2018             2019            2018             2019            2018
                                 ---------------  --------------  ---------------  --------------  ---------------  --------------


Units beginning of year........        9,073,593      10,083,649       19,662,128      22,282,585           30,719          34,566
Units issued and transferred
   from other funding options..          547,777         836,376        1,848,957       1,999,060            2,684           2,856
Units redeemed and transferred
   to other funding options....      (1,317,218)     (1,846,432)      (3,562,905)     (4,619,517)          (7,318)         (6,703)
                                 ---------------  --------------  ---------------  --------------  ---------------  --------------
Units end of year..............        8,304,152       9,073,593       17,948,180      19,662,128           26,085          30,719
                                 ===============  ==============  ===============  ==============  ===============  ==============


(a) For the period April 29, 2019 to December 31, 2019.


                                     104



                                     105



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS -- (CONTINUED)
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:




                                          BHFTI VICTORY                 BHFTI WELLS CAPITAL              BHFTI WESTERN ASSET
                                     SYCAMORE MID CAP VALUE          MANAGEMENT MID CAP VALUE       MANAGEMENT GOVERNMENT INCOME
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  --------------------------------
                                       2019            2018            2019             2018            2019             2018
                                 ---------------  --------------  --------------  ---------------  ---------------  --------------


Units beginning of year........        5,527,899       6,509,324       5,031,010        5,092,444       47,610,656      52,602,412
Units issued and transferred
   from other funding options..          264,714         421,989         191,641          874,015        6,935,756       6,041,394
Units redeemed and transferred
   to other funding options....        (894,432)     (1,403,414)       (853,612)        (935,449)     (10,390,902)    (11,033,150)
                                 ---------------  --------------  --------------  ---------------  ---------------  --------------
Units end of year..............        4,898,181       5,527,899       4,369,039        5,031,010       44,155,510      47,610,656
                                 ===============  ==============  ==============  ===============  ===============  ==============



                                         BHFTII BAILLIE                                                    BHFTII BLACKROCK
                                   GIFFORD INTERNATIONAL STOCK      BHFTII BLACKROCK BOND INCOME         CAPITAL APPRECIATION
                                           SUB-ACCOUNT                       SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  -------------------------------  -------------------------------
                                       2019            2018             2019             2018            2019             2018
                                 ---------------  ---------------  --------------  ---------------  ---------------  --------------


Units beginning of year........       18,628,820       19,385,638       1,262,721        1,210,717       12,135,301         510,906
Units issued and transferred
   from other funding options..          884,515        3,089,235         443,268          269,116       20,221,354      12,277,614
Units redeemed and transferred
   to other funding options....      (3,222,562)      (3,846,053)       (234,713)        (217,112)      (3,702,996)       (653,219)
                                 ---------------  ---------------  --------------  ---------------  ---------------  --------------
Units end of year..............       16,290,773       18,628,820       1,471,276        1,262,721       28,653,659      12,135,301
                                 ===============  ===============  ==============  ===============  ===============  ==============



                                         BHFTII BLACKROCK                       BHFTII
                                       ULTRA-SHORT TERM BOND        BRIGHTHOUSE ASSET ALLOCATION 20
                                            SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  ---------------------------------
                                       2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........       28,914,668       28,762,874        7,342,533        6,959,208
Units issued and transferred
   from other funding options..       11,555,241       14,146,935        2,619,672        2,773,172
Units redeemed and transferred
   to other funding options....     (13,060,473)     (13,995,141)      (1,749,157)      (2,389,847)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............       27,409,436       28,914,668        8,213,048        7,342,533
                                 ===============  ===============  ===============  ===============



                                              BHFTII                             BHFTII
                                  BRIGHTHOUSE ASSET ALLOCATION 40    BRIGHTHOUSE ASSET ALLOCATION 60
                                            SUB-ACCOUNT                        SUB-ACCOUNT
                                 ---------------------------------  --------------------------------
                                       2019             2018              2019            2018
                                 ---------------  ---------------   ---------------  ---------------


Units beginning of year........      202,906,702      233,277,672       329,067,375      369,390,513
Units issued and transferred
   from other funding options..        3,622,853        3,319,688         8,434,530        6,602,677
Units redeemed and transferred
   to other funding options....     (25,964,740)     (33,690,658)      (40,564,093)     (46,925,815)
                                 ---------------  ---------------   ---------------  ---------------
Units end of year..............      180,564,815      202,906,702       296,937,812      329,067,375
                                 ===============  ===============   ===============  ===============



                                             BHFTII                  BHFTII BRIGHTHOUSE/ARTISAN
                                 BRIGHTHOUSE ASSET ALLOCATION 80            MID CAP VALUE
                                           SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                      2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........      289,237,581      320,858,282        6,972,807        7,979,852
Units issued and transferred
   from other funding options..        3,134,347        6,439,520          377,961          416,969
Units redeemed and transferred
   to other funding options....     (31,993,527)     (38,060,221)        (964,041)      (1,424,014)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............      260,378,401      289,237,581        6,386,727        6,972,807
                                 ===============  ===============  ===============  ===============



                                 BHFTII BRIGHTHOUSE/DIMENSIONAL      BHFTII BRIGHTHOUSE/WELLINGTON               BHFTII
                                   INTERNATIONAL SMALL COMPANY         CORE EQUITY OPPORTUNITIES         FRONTIER MID CAP GROWTH
                                           SUB-ACCOUNT                        SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  --------------------------------  ------------------------------
                                      2019             2018              2019            2018             2019            2018
                                 ---------------  --------------   ---------------  ---------------  --------------  --------------


Units beginning of year........        2,801,946       2,741,436        22,089,432       26,398,229       2,592,967       2,948,860
Units issued and transferred
   from other funding options..          358,877         777,861           920,562          774,169         296,838         254,869
Units redeemed and transferred
   to other funding options....        (526,137)       (717,351)       (3,866,399)      (5,082,966)       (512,281)       (610,762)
                                 ---------------  --------------   ---------------  ---------------  --------------  --------------
Units end of year..............        2,634,686       2,801,946        19,143,595       22,089,432       2,377,524       2,592,967
                                 ===============  ==============   ===============  ===============  ==============  ==============



                                                                               BHFTII                           BHFTII
                                     BHFTII JENNISON GROWTH         LOOMIS SAYLES SMALL CAP CORE    LOOMIS SAYLES SMALL CAP GROWTH
                                           SUB-ACCOUNT                       SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  --------------------------------  -------------------------------
                                      2019             2018             2019            2018             2019             2018
                                 ---------------  --------------  ---------------  ---------------  --------------  ---------------


Units beginning of year........       16,632,803      18,321,429          208,357          215,634          12,889           14,487
Units issued and transferred
   from other funding options..        1,429,659       3,165,531            7,431           15,540           1,200            2,463
Units redeemed and transferred
   to other funding options....      (2,992,933)     (4,854,157)         (26,661)         (22,817)         (5,655)          (4,061)
                                 ---------------  --------------  ---------------  ---------------  --------------  ---------------
Units end of year..............       15,069,529      16,632,803          189,127          208,357           8,434           12,889
                                 ===============  ==============  ===============  ===============  ==============  ===============



                                             BHFTII                           BHFTII                           BHFTII
                                  METLIFE AGGREGATE BOND INDEX      METLIFE MID CAP STOCK INDEX      METLIFE MSCI EAFE(R) INDEX
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                      2019            2018             2019            2018             2019            2018
                                 --------------  ---------------  --------------  ---------------  --------------  ---------------


Units beginning of year........      20,516,851       21,705,738       4,807,176        5,121,934       8,638,406        8,636,458
Units issued and transferred
   from other funding options..       4,096,556        4,011,610         667,158          772,111       1,068,543        1,471,651
Units redeemed and transferred
   to other funding options....     (4,984,670)      (5,200,497)       (933,669)      (1,086,869)     (1,786,328)      (1,469,703)
                                 --------------  ---------------  --------------  ---------------  --------------  ---------------
Units end of year..............      19,628,737       20,516,851       4,540,665        4,807,176       7,920,621        8,638,406
                                 ==============  ===============  ==============  ===============  ==============  ===============



                                             BHFTII
                                  METLIFE RUSSELL 2000(R) INDEX    BHFTII METLIFE STOCK INDEX      BHFTII MFS(R) TOTAL RETURN
                                           SUB-ACCOUNT                     SUB-ACCOUNT                     SUB-ACCOUNT
                                 -------------------------------  ------------------------------  ------------------------------
                                      2019            2018             2019            2018            2019            2018
                                 --------------  --------------   --------------  --------------  --------------  --------------


Units beginning of year........       4,827,070       4,832,284       21,350,722      22,657,750         547,628         607,860
Units issued and transferred
   from other funding options..         909,092       1,071,304        2,875,646       3,884,794          33,888          32,811
Units redeemed and transferred
   to other funding options....     (1,077,538)     (1,076,518)      (4,334,623)     (5,191,822)        (99,813)        (93,043)
                                 --------------  --------------   --------------  --------------  --------------  --------------
Units end of year..............       4,658,624       4,827,070       19,891,745      21,350,722         481,703         547,628
                                 ==============  ==============   ==============  ==============  ==============  ==============


(a) For the period April 29, 2019 to December 31, 2019.


                                     106



                                     107



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS -- (CONTINUED)
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:





                                                                              BHFTII                           BHFTII
                                       BHFTII MFS(R) VALUE           NEUBERGER BERMAN GENESIS      T. ROWE PRICE LARGE CAP GROWTH
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                      2019             2018            2019             2018            2019             2018
                                 --------------  ---------------  --------------  ---------------  --------------  ---------------


Units beginning of year........       9,345,345       10,064,425       4,313,161        4,920,073      16,833,803       16,507,642
Units issued and transferred
   from other funding options..         941,941        1,313,891         404,291          320,327       4,026,895        4,597,720
Units redeemed and transferred
   to other funding options....     (1,548,524)      (2,032,971)       (659,695)        (927,239)     (3,185,241)      (4,271,559)
                                 --------------  ---------------  --------------  ---------------  --------------  ---------------
Units end of year..............       8,738,762        9,345,345       4,057,757        4,313,161      17,675,457       16,833,803
                                 ==============  ===============  ==============  ===============  ==============  ===============



                                                                                                               BHFTII
                                             BHFTII                        BHFTII VANECK              WESTERN ASSET MANAGEMENT
                                 T. ROWE PRICE SMALL CAP GROWTH      GLOBAL NATURAL RESOURCES       STRATEGIC BOND OPPORTUNITIES
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  ------------------------------
                                      2019             2018            2019             2018            2019            2018
                                 --------------  ---------------  --------------  ---------------  --------------  --------------


Units beginning of year........         312,692          336,378       6,884,892        7,083,667      29,089,667      31,331,458
Units issued and transferred
   from other funding options..          25,750           51,229       1,692,497        1,309,071       2,417,442       3,488,138
Units redeemed and transferred
   to other funding options....        (45,674)         (74,915)     (1,186,880)      (1,507,846)     (5,053,635)     (5,729,929)
                                 --------------  ---------------  --------------  ---------------  --------------  --------------
Units end of year..............         292,768          312,692       7,390,509        6,884,892      26,453,474      29,089,667
                                 ==============  ===============  ==============  ===============  ==============  ==============



                                      BHFTII WESTERN ASSET
                                   MANAGEMENT U.S. GOVERNMENT     BLACKROCK GLOBAL ALLOCATION V.I.
                                           SUB-ACCOUNT                       SUB-ACCOUNT
                                 -------------------------------  ---------------------------------
                                      2019             2018             2019             2018
                                 --------------  ---------------  ---------------  ---------------


Units beginning of year........      12,864,119       13,730,177          327,579          128,262
Units issued and transferred
   from other funding options..       2,035,671        2,157,907          376,254          235,612
Units redeemed and transferred
   to other funding options....     (2,611,263)      (3,023,965)         (67,301)         (36,295)
                                 --------------  ---------------  ---------------  ---------------
Units end of year..............      12,288,527       12,864,119          636,532          327,579
                                 ==============  ===============  ===============  ===============



                                          DWS CROCI(R)
                                        INTERNATIONAL VIP            FEDERATED HIGH INCOME BOND            FEDERATED KAUFMAN
                                           SUB-ACCOUNT                       SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  ------------------------------  --------------------------------
                                      2019             2018             2019            2018             2019             2018
                                 ---------------  ---------------  --------------  --------------  ---------------  ---------------


Units beginning of year........        1,189,127        1,302,718             168             168            5,211            5,219
Units issued and transferred
   from other funding options..           40,464           59,066              --             336               --            5,211
Units redeemed and transferred
   to other funding options....        (107,084)        (172,657)              --           (336)               --          (5,219)
                                 ---------------  ---------------  --------------  --------------  ---------------  ---------------
Units end of year..............        1,122,507        1,189,127             168             168            5,211            5,211
                                 ===============  ===============  ==============  ==============  ===============  ===============




                                  FIDELITY(R) VIP ASSET MANAGER
                                           SUB-ACCOUNT
                                 --------------------------------
                                       2019            2018
                                 ---------------  ---------------


Units beginning of year........        3,584,269        4,080,387
Units issued and transferred
   from other funding options..           60,653          384,874
Units redeemed and transferred
   to other funding options....        (450,791)        (880,992)
                                 ---------------  ---------------
Units end of year..............        3,194,131        3,584,269
                                 ===============  ===============




                                   FIDELITY(R) VIP CONTRAFUND       FIDELITY(R) VIP EQUITY-INCOME
                                           SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                      2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........       18,483,447       20,143,633          188,322          216,963
Units issued and transferred
   from other funding options..          973,254        2,042,711              386          197,453
Units redeemed and transferred
   to other funding options....      (2,688,312)      (3,702,897)         (26,666)        (226,094)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............       16,768,389       18,483,447          162,042          188,322
                                 ===============  ===============  ===============  ===============




                                 FIDELITY(R) VIP FUNDSMANAGER 50%   FIDELITY(R) VIP FUNDSMANAGER 60%
                                            SUB-ACCOUNT                        SUB-ACCOUNT
                                 ---------------------------------  ---------------------------------
                                       2019             2018              2019             2018
                                  ---------------  ---------------   ---------------  ---------------


Units beginning of year........       275,172,032      316,884,820       161,436,447      191,801,626
Units issued and transferred
   from other funding options..           365,596          472,401           413,773          433,342
Units redeemed and transferred
   to other funding options....      (47,152,561)     (42,185,189)      (24,416,169)     (30,798,521)
                                  ---------------  ---------------   ---------------  ---------------
Units end of year..............       228,385,067      275,172,032       137,434,051      161,436,447
                                  ===============  ===============   ===============  ===============



                                         FIDELITY(R) VIP
                                     GOVERNMENT MONEY MARKET          FIDELITY(R) VIP GROWTH
                                           SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  ------------------------------
                                      2019             2018            2019            2018
                                 ---------------  --------------  --------------  --------------


Units beginning of year........        2,554,414       2,578,960       5,216,221       5,678,425
Units issued and transferred
   from other funding options..          270,304         581,291          75,898         886,033
Units redeemed and transferred
   to other funding options....        (464,513)       (605,837)       (564,287)     (1,348,237)
                                 ---------------  --------------  --------------  --------------
Units end of year..............        2,360,205       2,554,414       4,727,832       5,216,221
                                 ===============  ==============  ==============  ==============




                                    FIDELITY(R) VIP INDEX 500         FIDELITY(R) VIP MID CAP         FIDELITY(R) VIP OVERSEAS
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  ------------------------------  --------------------------------
                                      2019             2018            2019            2018             2019             2018
                                 ---------------  --------------  --------------  --------------  ---------------  ---------------


Units beginning of year........        1,773,192       1,974,819       5,255,869       5,822,703          290,819          307,530
Units issued and transferred
   from other funding options..            3,178           4,366         506,604         356,491           11,403          325,096
Units redeemed and transferred
   to other funding options....        (173,348)       (205,993)       (876,036)       (923,325)         (36,889)        (341,807)
                                 ---------------  --------------  --------------  --------------  ---------------  ---------------
Units end of year..............        1,603,022       1,773,192       4,886,437       5,255,869          265,333          290,819
                                 ===============  ==============  ==============  ==============  ===============  ===============



                                                                               FTVIPT
                                    FTVIPT FRANKLIN INCOME VIP       FRANKLIN MUTUAL SHARES VIP
                                            SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                       2019             2018             2019            2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........        3,323,429        3,717,519        3,418,001        3,858,849
Units issued and transferred
   from other funding options..          199,290          219,389          131,633          197,548
Units redeemed and transferred
   to other funding options....        (523,276)        (613,479)        (550,429)        (638,396)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............        2,999,443        3,323,429        2,999,205        3,418,001
                                 ===============  ===============  ===============  ===============



                                             FTVIPT
                                  FRANKLIN SMALL CAP VALUE VIP
                                           SUB-ACCOUNT
                                 --------------------------------
                                      2019             2018
                                 ---------------  ---------------


Units beginning of year........        6,690,072        7,335,249
Units issued and transferred
   from other funding options..          522,275          448,461
Units redeemed and transferred
   to other funding options....      (1,247,671)      (1,093,638)
                                 ---------------  ---------------
Units end of year..............        5,964,676        6,690,072
                                 ===============  ===============


(a) For the period April 29, 2019 to December 31, 2019.


                                     108



                                     109



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS -- (CONTINUED)
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:




                                                                                FTVIPT
                                  FTVIPT TEMPLETON FOREIGN VIP         TEMPLETON GLOBAL BOND VIP
                                           SUB-ACCOUNT                        SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                      2019              2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........        1,992,730        1,993,298       10,293,632       10,914,647
Units issued and transferred
   from other funding options..          223,256          256,457        1,097,963        1,242,122
Units redeemed and transferred
   to other funding options....        (226,765)        (257,025)      (1,739,179)      (1,863,137)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............        1,989,221        1,992,730        9,652,416       10,293,632
                                 ===============  ===============  ===============  ===============



                                     INVESCO OPPENHEIMER V.I.          INVESCO OPPENHEIMER V.I.
                                         GOVERNMENT MONEY                MAIN STREET SMALL CAP
                                            SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                       2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........              585              613        2,862,403        3,322,847
Units issued and transferred
   from other funding options..               --            1,170          242,292          216,778
Units redeemed and transferred
   to other funding options....             (25)          (1,198)        (550,558)        (677,222)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............              560              585        2,554,137        2,862,403
                                 ===============  ===============  ===============  ===============



                                     INVESCO OPPENHEIMER V.I.
                                            MAIN STREET             INVESCO V.I. AMERICAN FRANCHISE
                                            SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  ---------------------------------
                                       2019             2018             2019             2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........            1,395           11,112              227            1,440
Units issued and transferred
   from other funding options..               --           11,025               --            2,812
Units redeemed and transferred
   to other funding options....               --         (20,742)               --          (4,025)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............            1,395            1,395              227              227
                                 ===============  ===============  ===============  ===============




                                     INVESCO V.I. CORE EQUITY      INVESCO V.I. EQUITY AND INCOME
                                            SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                      2019              2018            2019              2018
                                 ---------------  ---------------  ---------------  ---------------


Units beginning of year........           16,354           17,258       23,855,831       25,769,702
Units issued and transferred
   from other funding options..                2           34,057        1,400,961        1,947,016
Units redeemed and transferred
   to other funding options....          (1,246)         (34,961)      (3,609,968)      (3,860,887)
                                 ---------------  ---------------  ---------------  ---------------
Units end of year..............           15,110           16,354       21,646,824       23,855,831
                                 ===============  ===============  ===============  ===============




                                 INVESCO V.I. INTERNATIONAL GROWTH        IVY VIP ASSET STRATEGY
                                            SUB-ACCOUNT                         SUB-ACCOUNT
                                 ----------------------------------  ---------------------------------
                                       2019             2018               2019             2018
                                 ----------------  ---------------   ---------------  ----------------


Units beginning of year........         7,312,222        7,575,169            16,591            19,310
Units issued and transferred
   from other funding options..           235,464          876,815             2,292               444
Units redeemed and transferred
   to other funding options....       (1,325,380)      (1,139,762)           (3,422)           (3,163)
                                 ----------------  ---------------   ---------------  ----------------
Units end of year..............         6,222,306        7,312,222            15,461            16,591
                                 ================  ===============   ===============  ================



                                        LMPVET CLEARBRIDGE                LMPVET CLEARBRIDGE
                                    VARIABLE AGGRESSIVE GROWTH           VARIABLE APPRECIATION
                                            SUB-ACCOUNT                       SUB-ACCOUNT
                                 --------------------------------  ---------------------------------
                                      2019              2018             2019              2018
                                 ---------------  ---------------  ----------------  ---------------


Units beginning of year........       10,306,862       10,637,575         8,114,870        7,854,907
Units issued and transferred
   from other funding options..        1,026,239        1,238,938         1,185,383        1,509,071
Units redeemed and transferred
   to other funding options....      (1,591,018)      (1,569,651)       (1,325,294)      (1,249,108)
                                 ---------------  ---------------  ----------------  ---------------
Units end of year..............        9,742,083       10,306,862         7,974,959        8,114,870
                                 ===============  ===============  ================  ===============



                                       LMPVET CLEARBRIDGE               LMPVET CLEARBRIDGE               LMPVET CLEARBRIDGE
                                   VARIABLE DIVIDEND STRATEGY        VARIABLE LARGE CAP GROWTH        VARIABLE LARGE CAP VALUE
                                           SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 -------------------------------  -------------------------------  -------------------------------
                                       2019            2018            2019             2018            2019             2018
                                 ---------------  --------------  ---------------  --------------  --------------  ---------------


Units beginning of year........        7,795,080       8,474,807           69,686         101,448         232,863          248,434
Units issued and transferred
   from other funding options..          607,269         702,784            4,418           4,206          43,312           19,346
Units redeemed and transferred
   to other funding options....      (1,405,517)     (1,382,511)         (16,203)        (35,968)        (40,739)         (34,917)
                                 ---------------  --------------  ---------------  --------------  --------------  ---------------
Units end of year..............        6,996,832       7,795,080           57,901          69,686         235,436          232,863
                                 ===============  ==============  ===============  ==============  ==============  ===============



                                       LMPVET CLEARBRIDGE              LMPVET QS VARIABLE
                                    VARIABLE SMALL CAP GROWTH          CONSERVATIVE GROWTH           LMPVET QS VARIABLE GROWTH
                                           SUB-ACCOUNT                     SUB-ACCOUNT                      SUB-ACCOUNT
                                 ------------------------------  -------------------------------  -------------------------------
                                      2019            2018             2019            2018            2019             2018
                                 --------------  --------------  ---------------  --------------  ---------------  --------------


Units beginning of year........       3,317,005       3,504,028        1,337,369       1,529,846        3,186,503       3,596,291
Units issued and transferred
   from other funding options..         575,731         592,622           21,659          45,265           62,277          69,629
Units redeemed and transferred
   to other funding options....       (480,646)       (779,645)        (178,355)       (237,742)        (527,826)       (479,417)
                                 --------------  --------------  ---------------  --------------  ---------------  --------------
Units end of year..............       3,412,090       3,317,005        1,180,673       1,337,369        2,720,954       3,186,503
                                 ==============  ==============  ===============  ==============  ===============  ==============



                                              LMPVET                    LMPVIT WESTERN ASSET
                                    QS VARIABLE MODERATE GROWTH    VARIABLE GLOBAL HIGH YIELD BOND
                                            SUB-ACCOUNT                      SUB-ACCOUNT
                                 --------------------------------  --------------------------------
                                       2019            2018             2019             2018
                                 ---------------  ---------------  ---------------  --------------


Units beginning of year........           25,741           34,884        3,297,946       3,326,625
Units issued and transferred
   from other funding options..              339              230          493,871         541,902
Units redeemed and transferred
   to other funding options....          (1,927)          (9,373)        (531,395)       (570,581)
                                 ---------------  ---------------  ---------------  --------------
Units end of year..............           24,153           25,741        3,260,422       3,297,946
                                 ===============  ===============  ===============  ==============




                                    MFS(R) VIT INVESTORS TRUST        MFS(R) VIT NEW DISCOVERY           MFS(R) VIT RESEARCH
                                            SUB-ACCOUNT                      SUB-ACCOUNT                     SUB-ACCOUNT
                                 --------------------------------  ------------------------------  --------------------------------
                                       2019            2018             2019            2018             2019            2018
                                 ---------------  ---------------  --------------  --------------  ---------------  ---------------


Units beginning of year........              273              581             493             395            1,848            1,908
Units issued and transferred
   from other funding options..               --              273               5             739               --            2,275
Units redeemed and transferred
   to other funding options....               --            (581)           (167)           (641)            (103)          (2,335)
                                 ---------------  ---------------  --------------  --------------  ---------------  ---------------
Units end of year..............              273              273             331             493            1,745            1,848
                                 ===============  ===============  ==============  ==============  ===============  ===============



                                       MORGAN STANLEY VIF
                                      GLOBAL INFRASTRUCTURE
                                           SUB-ACCOUNT
                                 ------------------------------
                                      2019            2018
                                 --------------  --------------


Units beginning of year........          37,631          40,450
Units issued and transferred
   from other funding options..           5,551           2,575
Units redeemed and transferred
   to other funding options....         (6,831)         (5,394)
                                 --------------  --------------
Units end of year..............          36,351          37,631
                                 ==============  ==============


(a) For the period April 29, 2019 to December 31, 2019.


                                     110



                                     111



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



7.  SCHEDULES OF UNITS -- (CONCLUDED)
    FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018:




                                                                             PIMCO VIT                         PIMCO VIT
                                    NEUBERGER BERMAN GENESIS      COMMODITYREALRETURN(R) STRATEGY            DYNAMIC BOND
                                           SUB-ACCOUNT                      SUB-ACCOUNT                       SUB-ACCOUNT
                                 -------------------------------  --------------------------------  -------------------------------
                                      2019             2018             2019            2018             2019             2018
                                 --------------  ---------------   --------------  --------------   --------------  ---------------


Units beginning of year........             181              181           61,287          64,010           53,631           55,031
Units issued and transferred
   from other funding options..              --               --           11,473           3,472            9,783            9,680
Units redeemed and transferred
   to other funding options....              --               --         (12,634)         (6,195)          (6,329)         (11,080)
                                 --------------  ---------------   --------------  --------------   --------------  ---------------
Units end of year..............             181              181           60,126          61,287           57,085           53,631
                                 ==============  ===============   ==============  ==============   ==============  ===============



                                           PIMCO VIT
                                     EMERGING MARKETS BOND          PIONEER VCT MID CAP VALUE     PIONEER VCT REAL ESTATE SHARES
                                          SUB-ACCOUNT                      SUB-ACCOUNT                      SUB-ACCOUNT
                                 ------------------------------  -------------------------------  -------------------------------
                                      2019            2018            2019             2018             2019            2018
                                 --------------  --------------  --------------  ---------------   --------------  --------------


Units beginning of year........          79,304          82,983       1,148,743        1,243,008            7,520           7,888
Units issued and transferred
   from other funding options..           2,681           8,585          69,303          117,141              207             837
Units redeemed and transferred
   to other funding options....        (13,658)        (12,264)       (199,610)        (211,406)          (1,488)         (1,205)
                                 --------------  --------------  --------------  ---------------   --------------  --------------
Units end of year..............          68,327          79,304       1,018,436        1,148,743            6,239           7,520
                                 ==============  ==============  ==============  ===============   ==============  ==============




                                 T. ROWE PRICE GOVERNMENT MONEY        T. ROWE PRICE GROWTH STOCK
                                           SUB-ACCOUNT                         SUB-ACCOUNT
                                 ---------------------------------  ---------------------------------
                                      2019              2018              2019             2018
                                 ---------------  ---------------   ----------------  ---------------


Units beginning of year........           10,481           22,810             34,907           38,028
Units issued and transferred
   from other funding options..            1,118            3,033              1,426            1,624
Units redeemed and transferred
   to other funding options....            (416)         (15,362)            (4,547)          (4,745)
                                 ---------------  ---------------   ----------------  ---------------
Units end of year..............           11,183           10,481             31,786           34,907
                                 ===============  ===============   ================  ===============



                                                                            TAP 1919 VARIABLE
                                 T. ROWE PRICE INTERNATIONAL STOCK    SOCIALLY RESPONSIVE BALANCED
                                            SUB-ACCOUNT                        SUB-ACCOUNT
                                 ----------------------------------  --------------------------------
                                       2019             2018              2019              2018
                                 ---------------  ----------------   ---------------  ---------------


Units beginning of year........           26,491            26,224             3,756            3,165
Units issued and transferred
   from other funding options..            1,051             1,056                 6              734
Units redeemed and transferred
   to other funding options....          (1,714)             (789)             (201)            (143)
                                 ---------------  ----------------   ---------------  ---------------
Units end of year..............           25,828            26,491             3,561            3,756
                                 ===============  ================   ===============  ===============


(a) For the period April 29, 2019 to December 31, 2019.



                                     112



                                     113



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS


The Company sells a number of variable annuity products which have unique
combinations of features and fees, some of which directly affect the unit
values of the Sub-Accounts. Differences in the fee structures result in a
variety of unit values, expense ratios, and total returns.

The following table is a summary of unit values and units outstanding for the
Contracts, net investment income ratios, and expense ratios, excluding expenses
for the underlying fund, portfolio or series for the respective stated periods
in the five years ended December 31, 2019:



                                                    AS OF DECEMBER 31
                                      ---------------------------------------------
                                                      UNIT VALUE
                                                       LOWEST TO           NET
                                          UNITS       HIGHEST ($)      ASSETS ($)
                                      -----------  ----------------  --------------

  Alger Small Cap Growth        2019    2,482,257     23.09 - 23.76      57,974,899
     Sub-Account                2018    2,688,052     18.10 - 18.60      49,200,272
                                2017    2,933,840     18.10 - 18.57      53,660,724
                                2016    3,200,478     14.26 - 14.61      46,089,499
                                2015    3,508,832     13.61 - 13.92      48,208,209

  American Funds(R) Bond        2019    7,082,883     10.37 - 21.58     125,217,632
     Sub-Account                2018    7,204,717      9.68 - 19.92     124,089,879
                                2017    7,338,385      9.95 - 20.26     135,763,632
                                2016    7,293,353      9.80 - 19.73     132,721,070
                                2015    8,159,989     16.20 - 19.35     146,511,985

  American Funds(R) Global      2019    5,433,407     20.23 - 69.88     300,888,587
     Growth Sub-Account         2018    6,019,155     15.27 - 52.13     259,695,866
                                2017    6,214,664     17.14 - 57.83     313,542,010
                                2016    6,980,723     13.31 - 44.38     277,038,594
                                2015    7,480,782     34.27 - 44.51     300,649,358

  American Funds(R) Global      2019    2,170,953     17.69 - 58.11     105,538,846
     Small Capitalization       2018    2,457,371     13.72 - 44.58      94,290,816
     Sub-Account                2017    2,697,437     15.67 - 50.28     119,807,921
                                2016    2,939,876     12.70 - 40.30     106,488,578
                                2015    3,123,694     12.77 - 39.82     113,155,266

  American Funds(R) Growth      2019    1,656,362   312.46 - 518.46     697,847,684
     Sub-Account                2018    1,952,191   244.49 - 400.00     639,631,254
                                2017    2,352,201   250.83 - 404.60     785,751,753
                                2016    2,741,584   200.05 - 318.18     724,894,313
                                2015    3,075,557   186.96 - 293.21     754,095,254

  American Funds(R)             2019    2,972,685    22.18 - 323.61     392,698,921
     Growth-Income Sub-Account  2018    2,624,423    17.95 - 258.85     348,945,965
                                2017    2,282,271    18.66 - 265.93     403,461,557
                                2016    2,163,637    15.56 - 219.23     363,982,389
                                2015    2,179,793   126.48 - 198.34     358,450,579

  BHFTI AB Global Dynamic       2019  191,775,185     13.69 - 15.53   2,854,590,240
     Allocation Sub-Account     2018  212,871,321     11.87 - 13.27   2,720,841,165
                                2017  234,041,870     13.06 - 14.39   3,260,338,788
                                2016  252,960,506     11.77 - 12.78   3,143,878,353
                                2015  263,678,991     11.63 - 12.45   3,205,371,897

  BHFTI AB International        2019      149,010     10.38 - 10.41       1,548,814
     Bond Sub-Account
     (Commenced 4/29/2019)


                                                 FOR THE YEAR ENDED DECEMBER 31
                                      --------------------------------------------------
                                      INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                         INCOME          LOWEST TO          LOWEST TO
                                        RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                      -------------  ----------------  -----------------

  Alger Small Cap Growth        2019         --        1.25 - 1.40         27.54 - 27.73
     Sub-Account                2018         --        1.25 - 1.40           0.02 - 0.17
                                2017         --        1.25 - 1.40         26.95 - 27.14
                                2016         --        1.25 - 1.40           4.76 - 4.92
                                2015         --        1.25 - 1.40       (4.66) - (4.52)

  American Funds(R) Bond        2019       2.53        0.95 - 1.90           7.14 - 8.32
     Sub-Account                2018       2.35        0.95 - 1.90       (2.66) - (1.66)
                                2017       1.93        0.95 - 1.90           1.45 - 2.69
                                2016       1.64        0.95 - 1.90         (1.68) - 1.97
                                2015       1.68        0.95 - 1.90       (1.61) - (0.67)

  American Funds(R) Global      2019       1.07        0.90 - 2.30         32.20 - 34.06
     Growth Sub-Account         2018       0.65        0.90 - 2.30      (11.12) - (9.86)
                                2017       0.64        0.90 - 2.30         28.49 - 30.30
                                2016       0.91        0.90 - 2.30         (1.67) - 2.43
                                2015       0.99        0.90 - 2.30           4.51 - 5.98

  American Funds(R) Global      2019       0.15        0.89 - 1.90         28.90 - 30.35
     Small Capitalization       2018       0.08        0.89 - 1.90     (12.41) - (11.34)
     Sub-Account                2017       0.43        0.89 - 1.90         23.39 - 24.78
                                2016       0.25        0.89 - 1.90           0.18 - 2.23
                                2015         --        0.89 - 1.90       (6.47) - (0.62)

  American Funds(R) Growth      2019       0.72        0.89 - 2.30         27.80 - 29.61
     Sub-Account                2018       0.41        0.89 - 2.30       (2.53) - (1.14)
                                2017       0.49        0.89 - 2.30         25.38 - 27.16
                                2016       0.76        0.89 - 2.30           7.00 - 8.52
                                2015       0.58        0.89 - 2.30           4.43 - 5.91

  American Funds(R)             2019       1.62        0.89 - 2.30         23.27 - 25.02
     Growth-Income Sub-Account  2018       1.36        0.89 - 2.30       (4.03) - (2.66)
                                2017       1.38        0.89 - 2.30         19.61 - 21.30
                                2016       1.47        0.89 - 2.30          6.81 - 10.53
                                2015       1.28        0.89 - 2.30         (0.85) - 0.56

  BHFTI AB Global Dynamic       2019       3.45        0.90 - 2.35         15.33 - 17.02
     Allocation Sub-Account     2018       1.66        0.90 - 2.35       (9.14) - (7.81)
                                2017       1.48        0.90 - 2.35         10.99 - 12.60
                                2016       1.58        0.90 - 2.35         (0.62) - 2.67
                                2015       3.28        0.90 - 2.35       (1.76) - (0.32)

  BHFTI AB International        2019         --        1.15 - 1.55           3.79 - 4.07
     Bond Sub-Account
     (Commenced 4/29/2019)


                                     114



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                      AS OF DECEMBER 31
                                       ---------------------------------------------
                                                        UNIT VALUE
                                                         LOWEST TO          NET
                                           UNITS        HIGHEST ($)     ASSETS ($)
                                       ------------  ---------------  --------------

  BHFTI American Funds(R)        2019   188,980,273    15.59 - 18.47   3,247,960,104
     Balanced Allocation         2018   203,079,308    13.35 - 15.59   2,963,267,735
     Sub-Account                 2017   220,323,596    14.29 - 16.44   3,411,543,507
                                 2016   234,371,003    12.52 - 14.20   3,152,567,972
                                 2015   246,263,553    11.89 - 13.29   3,117,922,583

  BHFTI American Funds(R)        2019   104,820,922    16.71 - 19.80   1,920,984,751
     Growth Allocation           2018   113,490,991    13.84 - 16.16   1,707,533,593
     Sub-Account                 2017   122,012,392    15.03 - 17.30   1,978,846,627
                                 2016   128,517,470    12.68 - 14.39   1,744,990,829
                                 2015   137,469,623    11.92 - 13.12   1,740,439,216

  BHFTI American Funds(R)        2019    70,394,914     2.47 - 25.92     896,578,462
     Growth Sub-Account          2018    72,677,305     1.92 - 20.08     701,041,738
                                 2017    73,869,010     1.96 - 20.37     747,840,737
                                 2016    77,428,972     1.55 - 16.08     654,182,440
                                 2015    77,730,599     1.44 - 14.88     640,713,098

  BHFTI American Funds(R)        2019    94,117,069    14.40 - 17.06   1,496,155,462
     Moderate Allocation         2018   101,025,606    12.69 - 14.82   1,402,819,681
     Sub-Account                 2017   111,929,949    13.45 - 15.48   1,633,368,044
                                 2016   121,315,385    12.19 - 13.83   1,590,453,756
                                 2015   126,162,585    11.66 - 13.04   1,567,578,863

  BHFTI AQR Global Risk          2019   162,027,889    11.35 - 13.13   2,073,668,948
     Balanced Sub-Account        2018   182,066,578     9.61 - 11.07   1,970,551,063
                                 2017   202,498,724    10.43 - 11.96   2,373,211,858
                                 2016   221,364,216     9.79 - 11.01   2,395,534,199
                                 2015   241,508,750     9.10 - 10.21   2,431,541,679

  BHFTI BlackRock Global         2019   319,007,558    13.29 - 15.07   4,609,258,546
     Tactical Strategies         2018   353,756,093    11.28 - 12.61   4,296,443,283
     Sub-Account                 2017   388,316,355    12.44 - 13.71   5,151,909,115
                                 2016   421,174,334    11.24 - 12.21   4,999,248,698
                                 2015   445,213,023    11.02 - 11.80   5,128,182,508

  BHFTI BlackRock High Yield     2019    10,050,021    18.69 - 36.43     309,535,208
     Sub-Account                 2018     8,357,441    16.49 - 32.01     223,555,426
                                 2017     8,401,774    17.21 - 33.25     232,649,098
                                 2016     8,860,074    16.19 - 31.14     231,879,405
                                 2015     9,031,674    14.40 - 27.56     210,920,401

  BHFTI Brighthouse Asset        2019    25,514,590    19.96 - 24.87     570,646,937
     Allocation 100 Sub-Account  2018    27,764,232    16.03 - 19.68     494,626,348
                                 2017    30,589,042    18.25 - 22.08     615,557,354
                                 2016    33,538,308    15.19 - 18.13     557,780,998
                                 2015    37,143,227    14.27 - 16.78     575,818,048

  BHFTI Brighthouse Balanced     2019   463,543,612    15.42 - 17.49   7,769,299,827
     Plus Sub-Account            2018   503,167,035    12.78 - 14.28   6,920,717,677
                                 2017   528,210,748    14.12 - 15.56   7,952,160,029
                                 2016   536,906,397    12.22 - 13.27   6,925,324,483
                                 2015   552,214,291    11.54 - 12.35   6,663,424,002


                                                 FOR THE YEAR ENDED DECEMBER 31
                                       --------------------------------------------------
                                       INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                          INCOME          LOWEST TO          LOWEST TO
                                         RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                       -------------  ----------------  -----------------

  BHFTI American Funds(R)        2019       1.80        0.90 - 2.35         16.75 - 18.46
     Balanced Allocation         2018       1.46        0.90 - 2.35       (6.55) - (5.17)
     Sub-Account                 2017       1.49        0.90 - 2.35         14.15 - 15.81
                                 2016       1.62        0.90 - 2.35           2.90 - 6.84
                                 2015       1.40        0.90 - 2.35       (4.60) - (0.37)

  BHFTI American Funds(R)        2019       1.69        0.90 - 2.35          7.66 - 22.53
     Growth Allocation           2018       1.21        0.90 - 2.35       (7.97) - (6.62)
     Sub-Account                 2017       1.24        0.90 - 2.35         18.54 - 20.26
                                 2016       1.30        0.90 - 2.35           6.43 - 7.98
                                 2015       1.31        1.10 - 2.35       (5.94) - (0.25)

  BHFTI American Funds(R)        2019       0.43        0.95 - 2.35         27.31 - 29.11
     Growth Sub-Account          2018       0.39        0.95 - 2.35       (2.82) - (0.54)
                                 2017       0.40        0.95 - 2.35         24.94 - 26.70
                                 2016       0.29        0.95 - 2.35           6.57 - 8.32
                                 2015       0.87        0.95 - 2.35           1.76 - 5.48

  BHFTI American Funds(R)        2019       1.97        0.90 - 2.35         13.46 - 15.12
     Moderate Allocation         2018       1.72        0.90 - 2.35       (5.67) - (4.29)
     Sub-Account                 2017       1.76        0.90 - 2.35         10.35 - 11.96
                                 2016       1.91        0.90 - 2.35           2.00 - 6.05
                                 2015       1.49        0.90 - 2.35       (3.52) - (0.45)

  BHFTI AQR Global Risk          2019       2.95        0.90 - 2.35         17.13 - 18.84
     Balanced Sub-Account        2018       0.38        0.90 - 2.35       (8.54) - (7.19)
                                 2017       1.71        0.90 - 2.35           7.26 - 8.82
                                 2016         --        0.90 - 2.35           2.44 - 7.98
                                 2015       5.51        0.90 - 2.35     (11.67) - (10.38)

  BHFTI BlackRock Global         2019       0.19        0.90 - 2.35         17.82 - 19.54
     Tactical Strategies         2018       1.43        0.90 - 2.35       (9.35) - (8.02)
     Sub-Account                 2017       0.67        0.90 - 2.35         10.68 - 12.30
                                 2016       1.45        0.90 - 2.35           0.63 - 3.50
                                 2015       1.55        0.90 - 2.35         (2.43) - 0.11

  BHFTI BlackRock High Yield     2019       5.84        0.90 - 2.35         12.19 - 13.82
     Sub-Account                 2018       4.89        0.90 - 2.35       (5.14) - (3.75)
                                 2017       5.44        0.90 - 2.35           5.26 - 6.80
                                 2016       6.73        0.90 - 2.35          7.19 - 12.96
                                 2015       8.07        0.90 - 2.35       (6.28) - (4.91)

  BHFTI Brighthouse Asset        2019       1.51        0.90 - 2.35         24.52 - 26.34
     Allocation 100 Sub-Account  2018       1.02        0.90 - 2.35     (12.17) - (10.88)
                                 2017       1.24        0.90 - 2.35         20.09 - 21.84
                                 2016       2.26        0.90 - 2.35           5.06 - 8.00
                                 2015       1.29        0.90 - 2.35       (4.28) - (1.06)

  BHFTI Brighthouse Balanced     2019       2.02        0.90 - 2.35         20.70 - 22.46
     Plus Sub-Account            2018       1.67        0.90 - 2.35       (9.53) - (8.20)
                                 2017       1.55        0.90 - 2.35         15.59 - 17.27
                                 2016       2.86        0.90 - 2.35           2.21 - 7.39
                                 2015       2.10        0.90 - 2.35       (6.32) - (4.95)


                                     115



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                      AS OF DECEMBER 31
                                        ---------------------------------------------
                                                         UNIT VALUE
                                                          LOWEST TO          NET
                                            UNITS        HIGHEST ($)     ASSETS ($)
                                        ------------  ---------------  --------------

  BHFTI Brighthouse Small Cap     2019     6,746,819    29.25 - 39.11     223,578,730
     Value Sub-Account            2018     7,365,900    23.25 - 30.57     192,491,868
                                  2017     8,335,979    28.09 - 36.28     261,043,042
                                  2016     9,362,462    25.74 - 32.69     266,605,506
                                  2015    10,725,811    20.08 - 25.07     236,287,986

  BHFTI Brighthouse/Aberdeen      2019    31,136,134    10.68 - 13.02     371,895,857
     Emerging Markets Equity      2018    35,052,942     9.05 - 10.98     352,166,192
     Sub-Account                  2017    35,923,134    10.80 - 13.09     427,076,715
                                  2016    39,351,974     8.62 - 10.44     370,235,661
                                  2015    42,624,617      7.91 - 9.58     365,167,198

  BHFTI Brighthouse/Artisan       2019        26,483    12.19 - 12.68         331,019
     International Sub-Account    2018        30,041      9.53 - 9.85         292,278
     (Commenced 11/19/2014 and    2017        28,148    10.88 - 11.16         310,982
     began transactions in 2015)  2016        27,485      8.41 - 8.57         233,690
                                  2015        12,794      9.42 - 9.54         121,159

  BHFTI Brighthouse/Eaton         2019     7,102,972    11.35 - 13.06      87,577,609
     Vance Floating Rate          2018     6,426,630    10.86 - 12.32      74,905,336
     Sub-Account                  2017     5,324,129    11.09 - 12.39      62,558,849
                                  2016     5,632,610    10.95 - 12.06      64,827,675
                                  2015     5,985,329    10.26 - 11.01      64,028,918

  BHFTI Brighthouse/Franklin      2019    14,180,858     9.45 - 10.62     142,348,646
     Low Duration Total Return    2018    14,147,915     9.23 - 10.24     137,799,742
     Sub-Account                  2017    15,198,406     9.34 - 10.29     149,708,177
                                  2016    14,680,889     9.44 - 10.25     144,974,836
                                  2015    16,246,958     9.37 - 10.03     157,983,094

  BHFTI Brighthouse/Templeton     2019     2,605,011    11.56 - 13.00      31,904,131
     International Bond           2018     2,637,613    11.66 - 12.97      32,416,554
     Sub-Account                  2017     3,032,605    11.78 - 12.96      37,465,324
                                  2016     3,153,303    11.87 - 13.07      39,493,620
                                  2015     3,361,116    12.07 - 13.08      42,349,271

  BHFTI Brighthouse/Wellington    2019       683,658    20.66 - 27.06      16,100,585
     Large Cap Research           2018       754,715    16.04 - 20.73      13,723,171
     Sub-Account                  2017       825,196    17.51 - 22.35      16,261,679
                                  2016       931,137    14.70 - 18.51      15,301,423
                                  2015     1,013,512    13.89 - 17.26      15,616,983

  BHFTI Clarion Global Real       2019    10,381,751    18.98 - 86.54     231,318,465
     Estate Sub-Account           2018    12,065,705    15.57 - 70.00     219,199,553
                                  2017    13,335,708    17.45 - 77.36     269,483,256
                                  2016    14,214,001    16.13 - 70.52     263,186,597
                                  2015    15,477,002    16.37 - 70.58     288,549,595

  BHFTI Harris Oakmark            2019    19,379,051    24.91 - 33.47     572,263,373
     International Sub-Account    2018    21,052,149    20.42 - 27.13     506,604,107
                                  2017    20,719,834    27.40 - 36.00     665,787,548
                                  2016    23,007,569    21.43 - 27.85     576,095,441
                                  2015    25,339,005    20.23 - 25.80     595,542,818


                                                   FOR THE YEAR ENDED DECEMBER 31
                                        --------------------------------------------------
                                        INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                           INCOME          LOWEST TO          LOWEST TO
                                          RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                        -------------  ----------------  -----------------

  BHFTI Brighthouse Small Cap     2019       0.89         0.89 - 2.35        25.79 - 27.92
     Value Sub-Account            2018      1.05          0.89 - 2.35    (17.21) - (15.73)
                                  2017      0.91          0.89 - 2.35         9.11 - 10.99
                                  2016      1.06          0.89 - 2.35        28.21 - 30.39
                                  2015      0.10          0.89 - 2.35      (7.61) - (6.05)

  BHFTI Brighthouse/Aberdeen      2019       1.66         0.90 - 2.35        17.94 - 19.67
     Emerging Markets Equity      2018      2.60          0.90 - 2.35    (16.19) - (14.95)
     Sub-Account                  2017      1.09          0.90 - 2.35        25.36 - 27.18
                                  2016      0.97          0.90 - 2.35       (0.57) - 10.50
                                  2015      1.79          0.90 - 2.35     (15.82) - (2.68)

  BHFTI Brighthouse/Artisan       2019       1.22         0.90 - 1.60        27.83 - 28.73
     International Sub-Account    2018      1.31          0.90 - 1.60    (12.33) - (11.71)
     (Commenced 11/19/2014 and    2017      1.14          0.90 - 1.60        29.26 - 30.16
     began transactions in 2015)  2016      0.99          0.90 - 1.60    (10.71) - (10.09)
                                  2015      0.60          0.90 - 1.60      (9.11) - (4.55)

  BHFTI Brighthouse/Eaton         2019       4.54         0.90 - 2.35          1.11 - 6.07
     Vance Floating Rate          2018      3.45          0.90 - 2.35      (2.03) - (0.59)
     Sub-Account                  2017      3.80          0.90 - 2.35          1.28 - 2.75
                                  2016      4.01          0.90 - 2.35          6.73 - 8.29
                                  2015      3.64          1.10 - 2.35      (3.14) - (1.92)

  BHFTI Brighthouse/Franklin      2019       3.37         0.90 - 2.25          1.06 - 3.70
     Low Duration Total Return    2018      1.79          0.90 - 2.25      (1.81) - (0.47)
     Sub-Account                  2017      1.40          0.90 - 2.35        (1.02) - 0.43
                                  2016      2.90          0.90 - 2.35          0.74 - 2.21
                                  2015      3.12          0.90 - 2.35      (2.93) - (1.51)

  BHFTI Brighthouse/Templeton     2019       8.19         0.95 - 2.05        (0.89) - 0.21
     International Bond           2018        --          0.95 - 2.05        (1.06) - 0.04
     Sub-Account                  2017        --          0.95 - 2.05      (1.89) - (0.80)
                                  2016        --          0.95 - 2.20      (1.32) - (0.08)
                                  2015      8.17          0.95 - 2.15        (6.20) - 0.75

  BHFTI Brighthouse/Wellington    2019       0.99         0.90 - 2.30        28.84 - 30.52
     Large Cap Research           2018      0.88          0.90 - 2.30      (8.44) - (7.24)
     Sub-Account                  2017      0.95          0.90 - 2.30        19.17 - 20.75
                                  2016      2.26          0.90 - 2.30          5.83 - 7.22
                                  2015      0.78          0.90 - 2.30          2.08 - 3.48

  BHFTI Clarion Global Real       2019       3.07         0.90 - 2.35        21.91 - 23.69
     Estate Sub-Account           2018      5.96          0.90 - 2.35     (10.78) - (9.47)
                                  2017      3.44          0.90 - 2.35          8.18 - 9.76
                                  2016      2.07          0.90 - 2.35      (4.89) - (0.03)
                                  2015      3.81          0.90 - 2.35        (3.69) - 3.43

  BHFTI Harris Oakmark            2019       2.21         0.90 - 2.35        21.63 - 23.40
     International Sub-Account    2018      1.71          0.90 - 2.35    (25.75) - (24.66)
                                  2017      1.62          0.90 - 2.35        27.41 - 29.26
                                  2016      2.14          0.90 - 2.35          5.67 - 7.21
                                  2015      3.01          0.95 - 2.35      (6.74) - (3.92)


                                     116



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                   AS OF DECEMBER 31
                                     ---------------------------------------------
                                                     UNIT VALUE
                                                      LOWEST TO           NET
                                         UNITS       HIGHEST ($)      ASSETS ($)
                                     ------------  ---------------  --------------

  BHFTI Invesco Balanced-Risk  2019   694,292,713     1.21 - 13.50     926,602,213
     Allocation Sub-Account    2018   765,263,861     1.07 - 11.82     895,562,846
                               2017   827,358,429     1.17 - 12.75   1,045,419,886
                               2016   818,076,929     1.09 - 11.62     940,598,161
                               2015   749,414,346     1.00 - 10.52     777,069,714

  BHFTI Invesco Comstock       2019    27,023,016    19.48 - 33.08     669,146,877
     Sub-Account               2018    29,425,080    15.96 - 26.72     594,306,823
                               2017    32,917,318    18.60 - 30.71     772,000,432
                               2016    36,743,760    16.14 - 26.27     742,413,375
                               2015    39,951,458    14.08 - 22.61     699,284,637

  BHFTI Invesco Global Equity  2019     1,452,210    31.45 - 43.31      55,615,823
     Sub-Account               2018     1,691,467    24.46 - 33.22      49,942,988
                               2017     1,939,475    28.83 - 38.59      66,931,947
                               2016     2,333,207    21.57 - 28.48      59,761,246
                               2015     2,520,098    22.02 - 28.67      65,266,488

  BHFTI Invesco Small Cap      2019     8,712,881    32.88 - 44.05     328,897,224
     Growth Sub-Account        2018     9,018,510    27.06 - 35.66     277,369,783
                               2017     9,589,654    30.46 - 39.44     328,908,162
                               2016    10,669,549    24.88 - 31.68     296,393,238
                               2015    11,537,860    22.84 - 28.61     291,887,925

  BHFTI JPMorgan Core Bond     2019    28,559,915    10.49 - 12.00     333,208,483
     Sub-Account               2018    28,609,283     9.85 - 11.23     313,000,009
                               2017    30,860,383    10.01 - 11.38     342,738,205
                               2016    31,064,359     9.84 - 11.16     339,144,828
                               2015    31,401,600     9.78 - 11.06     340,682,787

  BHFTI JPMorgan Global        2019   790,613,372     1.38 - 15.38   1,190,492,743
     Active Allocation         2018   870,005,941     1.21 - 13.28   1,135,038,317
     Sub-Account               2017   828,047,798     1.33 - 14.44   1,175,046,012
                               2016   848,098,850     1.17 - 12.50   1,042,207,011
                               2015   828,919,735     1.16 - 12.26   1,000,785,200

  BHFTI JPMorgan Small Cap     2019       907,357    21.60 - 25.61      21,252,730
     Value Sub-Account         2018       940,191    18.49 - 21.68      18,754,326
                               2017     1,032,660    21.94 - 25.42      24,296,172
                               2016     1,141,302    21.67 - 24.82      26,376,632
                               2015     1,287,553    16.94 - 19.19      23,133,878

  BHFTI Loomis Sayles Global   2019     6,574,748    22.18 - 26.87     162,833,245
     Allocation Sub-Account    2018     7,006,931    17.81 - 21.27     138,105,130
                               2017     7,449,959    19.27 - 22.83     157,610,283
                               2016     8,505,955    16.04 - 18.73     148,612,417
                               2015     9,530,128    15.68 - 17.95     161,399,211

  BHFTI Loomis Sayles Growth   2019    21,093,686   15.93 - 269.23     400,838,028
     Sub-Account               2018    23,583,660   13.06 - 220.81     367,812,591
                               2017    27,853,512   14.25 - 240.67     473,171,845
                               2016    31,716,282   12.20 - 205.91     461,921,010
                               2015    35,697,833   12.04 - 203.07     513,586,109


                                                FOR THE YEAR ENDED DECEMBER 31
                                     --------------------------------------------------
                                     INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                        INCOME          LOWEST TO          LOWEST TO
                                       RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                     -------------  ----------------  -----------------

  BHFTI Invesco Balanced-Risk  2019         --        0.90 - 2.35         12.60 - 14.25
     Allocation Sub-Account    2018       1.17        0.90 - 2.35       (8.62) - (7.28)
                               2017       3.74        0.90 - 2.35           7.45 - 9.02
                               2016       0.15        0.90 - 2.35          4.88 - 10.72
                               2015       2.83        0.90 - 2.35       (6.43) - (0.67)

  BHFTI Invesco Comstock       2019       2.12        0.90 - 2.35         22.05 - 23.84
     Sub-Account               2018       0.63        0.90 - 2.35     (14.21) - (12.95)
                               2017       2.27        0.90 - 2.35         15.29 - 16.97
                               2016       2.53        0.90 - 2.35         12.17 - 16.25
                               2015       2.88        0.90 - 2.35       (8.16) - (6.81)

  BHFTI Invesco Global Equity  2019       0.80        0.90 - 2.30         28.58 - 30.39
     Sub-Account               2018       0.99        0.90 - 2.30     (15.13) - (13.93)
                               2017       0.90        0.90 - 2.30         33.64 - 35.51
                               2016       0.92        0.90 - 2.30       (2.05) - (0.67)
                               2015       0.94        0.90 - 2.30         (1.50) - 3.00

  BHFTI Invesco Small Cap      2019         --        0.89 - 2.35         21.52 - 23.53
     Growth Sub-Account        2018         --        0.89 - 2.35      (11.17) - (9.59)
                               2017         --        0.89 - 2.35         22.43 - 24.50
                               2016         --        0.89 - 2.35          8.71 - 10.73
                               2015       0.01        0.89 - 2.35       (3.99) - (2.29)

  BHFTI JPMorgan Core Bond     2019       4.46        0.90 - 2.35           5.70 - 7.25
     Sub-Account               2018       2.76        0.90 - 2.35       (2.31) - (0.88)
                               2017       2.47        0.90 - 2.20           1.07 - 2.39
                               2016       2.78        0.90 - 2.20           0.01 - 1.31
                               2015       2.33        0.90 - 2.20       (1.70) - (0.01)

  BHFTI JPMorgan Global        2019       2.74        0.90 - 2.35         14.20 - 15.87
     Active Allocation         2018       1.63        0.90 - 2.35       (9.36) - (8.02)
     Sub-Account               2017       2.52        0.90 - 2.35         13.96 - 15.61
                               2016       2.12        0.90 - 2.35           0.12 - 1.98
                               2015       2.71        0.90 - 2.35         (1.45) - 0.82

  BHFTI JPMorgan Small Cap     2019       1.33        0.90 - 2.30         16.81 - 18.08
     Value Sub-Account         2018       1.31        0.90 - 2.30     (15.73) - (14.68)
                               2017       1.32        0.90 - 2.30           1.27 - 2.39
                               2016       1.84        0.90 - 2.30         27.88 - 29.34
                               2015       1.35        0.90 - 2.30       (9.36) - (1.13)

  BHFTI Loomis Sayles Global   2019       1.49        0.95 - 2.35         24.56 - 26.32
     Allocation Sub-Account    2018       1.84        0.95 - 2.35       (7.60) - (6.29)
                               2017       1.39        0.90 - 2.35         20.12 - 21.87
                               2016       1.67        0.90 - 2.35           1.78 - 3.84
                               2015       1.59        0.95 - 2.35         (1.12) - 0.27

  BHFTI Loomis Sayles Growth   2019       0.81        0.90 - 2.35         20.70 - 22.46
     Sub-Account               2018       0.58        0.90 - 2.35       (9.23) - (7.90)
                               2017       0.72        0.90 - 2.35         15.67 - 17.35
                               2016       0.40        0.90 - 2.35           0.30 - 1.76
                               2015       0.23        0.90 - 2.35       (6.27) - (4.69)


                                     117



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                         AS OF DECEMBER 31
                                           ---------------------------------------------
                                                           UNIT VALUE
                                                            LOWEST TO           NET
                                               UNITS       HIGHEST ($)      ASSETS ($)
                                           ------------  ---------------  --------------

  BHFTI MetLife Multi-Index          2019   558,551,821     1.46 - 15.59     994,447,972
     Targeted Risk Sub-Account       2018   594,369,348     1.22 - 12.95     878,288,064
                                     2017   602,325,151     1.33 - 14.11     977,135,322
                                     2016   583,908,748     1.18 - 12.35     847,575,021
                                     2015   435,062,012     1.15 - 11.96     633,831,341

  BHFTI MFS(R) Research              2019    12,563,346    17.18 - 24.33     247,942,953
     International Sub-Account       2018    13,932,370    13.70 - 19.07     217,709,174
                                     2017    14,986,140    16.30 - 22.33     276,582,465
                                     2016    16,956,442    13.02 - 17.53     247,879,900
                                     2015    18,156,340    13.44 - 17.81     271,985,758

  BHFTI Morgan Stanley               2019     7,926,586     4.94 - 45.52     257,885,194
     Discovery Sub-Account           2018     9,448,933     3.57 - 32.70     222,695,855
                                     2017    11,326,489     3.28 - 29.88     246,048,488
                                     2016    12,770,536     2.37 - 21.48     201,153,118
                                     2015    12,648,258     2.62 - 23.62     220,460,412

  BHFTI PanAgora Global              2019   107,444,025     1.23 - 13.20     141,728,174
     Diversified Risk Sub-Account    2018   106,655,491     1.03 - 10.94     117,135,727
                                     2017   128,771,774     1.14 - 11.97     154,256,858
                                     2016    95,787,147     1.04 - 10.75     102,757,891
                                     2015    21,772,279      0.95 - 9.78      21,123,770

  BHFTI PIMCO Inflation              2019    37,065,872    13.05 - 16.62     550,130,631
     Protected Bond Sub-Account      2018    40,080,372    12.34 - 15.49     557,952,618
                                     2017    43,727,125    12.95 - 16.02     633,944,947
                                     2016    43,749,123    12.81 - 15.62     622,764,700
                                     2015    46,098,333    12.49 - 15.01     634,902,757

  BHFTI PIMCO Total Return           2019    71,240,472    13.58 - 22.29   1,325,242,938
     Sub-Account                     2018    76,540,109    12.67 - 20.69   1,331,823,874
                                     2017    83,642,926    12.85 - 20.87   1,482,270,883
                                     2016    84,045,933    12.44 - 20.10   1,446,213,216
                                     2015    91,772,688    12.26 - 19.72   1,561,823,561

  BHFTI Schroders Global             2019   601,907,932     1.41 - 15.69     921,743,626
     Multi-Asset Sub-Account         2018   679,440,347     1.19 - 13.04     867,708,307
                                     2017   442,077,911     1.34 - 14.41     628,730,158
                                     2016   459,001,172     1.20 - 12.75     577,424,821
                                     2015   467,251,015     1.16 - 12.20     562,872,602

  BHFTI SSGA Emerging                2019        84,800    10.25 - 10.28         871,325
     Markets Enhanced Index
     Sub-Account
     (Commenced 4/29/2019)

  BHFTI SSGA Growth and              2019    64,832,638    16.47 - 20.25   1,205,892,186
     Income ETF Sub-Account          2018    70,665,371    14.09 - 17.08   1,115,176,743
                                     2017    78,213,763    15.44 - 18.44   1,340,474,908
                                     2016    85,949,744    13.64 - 16.06   1,290,390,224
                                     2015    93,774,991    13.20 - 15.32   1,349,807,450




                                                      FOR THE YEAR ENDED DECEMBER 31
                                           --------------------------------------------------
                                           INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                              INCOME          LOWEST TO          LOWEST TO
                                             RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                           -------------  ----------------  -----------------

  BHFTI MetLife Multi-Index          2019       2.14        0.90 - 2.20         19.06 - 20.62
     Targeted Risk Sub-Account       2018       1.75        0.90 - 2.20       (9.22) - (8.02)
                                     2017       1.46        0.90 - 2.25         12.98 - 14.51
                                     2016       1.29        0.90 - 2.25           0.17 - 3.43
                                     2015       1.20        0.90 - 2.25       (3.41) - (2.10)

  BHFTI MFS(R) Research              2019       1.35        0.89 - 2.35         25.33 - 27.55
     International Sub-Account       2018       1.98        0.89 - 2.35     (16.01) - (14.57)
                                     2017       1.74        0.89 - 2.35         25.19 - 27.37
                                     2016       2.00        0.89 - 2.35       (3.18) - (1.55)
                                     2015       2.71        0.89 - 2.35       (4.06) - (2.37)

  BHFTI Morgan Stanley               2019         --        0.89 - 2.30         36.94 - 39.23
     Discovery Sub-Account           2018         --        0.89 - 2.30           7.63 - 9.43
                                     2017       0.15        0.89 - 2.30         36.74 - 39.12
                                     2016         --        0.89 - 2.30      (10.54) - (2.08)
                                     2015         --        0.89 - 2.30       (7.18) - (5.63)

  BHFTI PanAgora Global              2019       3.24        0.90 - 2.20         19.34 - 20.90
     Diversified Risk Sub-Account    2018         --        0.90 - 2.20       (9.61) - (8.42)
                                     2017         --        0.90 - 2.20         10.15 - 11.59
                                     2016       3.34        0.90 - 2.20          2.13 - 10.13
                                     2015       0.55        1.10 - 2.20       (7.53) - (6.51)

  BHFTI PIMCO Inflation              2019       3.39        0.90 - 2.35           3.20 - 7.30
     Protected Bond Sub-Account      2018       1.59        0.90 - 2.35       (4.69) - (3.29)
                                     2017       1.56        0.90 - 2.35           1.07 - 2.54
                                     2016         --        0.90 - 2.35           2.55 - 4.04
                                     2015       4.95        0.90 - 2.35       (5.36) - (3.98)

  BHFTI PIMCO Total Return           2019       2.89        0.89 - 2.35           5.94 - 7.72
     Sub-Account                     2018       1.36        0.89 - 2.35       (2.56) - (0.86)
                                     2017       1.75        0.89 - 2.35           2.08 - 3.85
                                     2016       2.59        0.89 - 2.35           0.23 - 1.94
                                     2015       5.26        0.89 - 2.35       (2.32) - (0.45)

  BHFTI Schroders Global             2019       1.47        0.90 - 2.35         18.67 - 20.40
     Multi-Asset Sub-Account         2018       1.69        0.90 - 2.35     (11.54) - (10.24)
                                     2017       0.79        0.90 - 2.35         11.65 - 13.27
                                     2016       1.40        0.90 - 2.35           0.71 - 4.71
                                     2015       1.00        0.90 - 2.35       (3.18) - (1.77)

  BHFTI SSGA Emerging                2019         --        1.30 - 1.65           2.53 - 2.78
     Markets Enhanced Index
     Sub-Account
     (Commenced 4/29/2019)

  BHFTI SSGA Growth and              2019       2.32        0.90 - 2.35         16.83 - 18.54
     Income ETF Sub-Account          2018       2.32        0.90 - 2.35       (8.70) - (7.36)
                                     2017       2.43        0.90 - 2.35         13.18 - 14.82
                                     2016       2.37        0.90 - 2.35           1.90 - 4.84
                                     2015       2.30        0.90 - 2.35       (4.24) - (2.84)




                                     118



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                   AS OF DECEMBER 31
                                     ---------------------------------------------
                                                      UNIT VALUE
                                                       LOWEST TO          NET
                                         UNITS        HIGHEST ($)     ASSETS ($)
                                     ------------  ----------------  -------------

  BHFTI SSGA Growth ETF        2019    22,661,159     16.95 - 20.84    431,106,427
     Sub-Account               2018    24,904,386     14.17 - 17.18    392,931,024
                               2017    28,040,270     15.90 - 18.99    492,240,056
                               2016    30,512,706     13.61 - 16.02    454,752,008
                               2015    32,991,663     13.03 - 15.12    467,274,058

  BHFTI T. Rowe Price Large    2019     8,304,152    54.61 - 210.76    730,034,657
     Cap Value Sub-Account     2018     9,073,593    44.13 - 167.68    635,360,934
                               2017    10,083,649    49.66 - 185.82    785,052,972
                               2016    11,082,070    43.41 - 159.87    747,778,790
                               2015    12,150,155    38.27 - 138.81    715,850,738

  BHFTI T. Rowe Price Mid Cap  2019    17,948,180     24.32 - 30.23    502,499,480
     Growth Sub-Account        2018    19,662,128     18.99 - 23.33    425,595,931
                               2017    22,282,585     19.87 - 23.52    500,453,764
                               2016    25,320,043     16.30 - 19.10    462,783,968
                               2015    27,786,712     15.70 - 18.22    485,654,167

  BHFTI TCW Core Fixed Income  2019        26,085     10.52 - 10.87        278,387
     Sub-Account               2018        30,719      9.86 - 10.12        305,946
     (Commenced 5/1/2015)      2017        34,566     10.02 - 10.21        348,809
                               2016        29,430      9.90 - 10.02        292,738
                               2015         7,421       9.84 - 9.87         73,169

  BHFTI Victory Sycamore Mid   2019     4,898,181      2.27 - 53.19    226,484,316
     Cap Value Sub-Account     2018     5,527,899      1.78 - 41.61    201,225,901
                               2017     6,509,324      2.00 - 46.73    267,404,967
                               2016     7,068,224      1.84 - 43.07    268,931,465
                               2015     7,308,379      1.61 - 37.62    244,281,850

  BHFTI Wells Capital          2019     4,369,039     26.25 - 32.95    129,231,837
     Management Mid Cap Value  2018     5,031,010     19.83 - 24.53    111,542,477
     Sub-Account               2017     5,092,444     23.42 - 28.55    132,288,989
                               2016     5,715,456     21.64 - 26.00    136,116,482
                               2015     6,513,771     19.57 - 23.18    139,196,313

  BHFTI Western Asset          2019    44,155,510     10.52 - 11.93    505,216,508
     Management Government     2018    47,610,656     10.02 - 11.20    513,955,358
     Income Sub-Account        2017    52,602,412     10.26 - 11.31    576,103,640
                               2016    59,975,014     10.24 - 11.12    648,755,946
                               2015    60,149,269     10.35 - 11.07    651,039,693

  BHFTII Baillie Gifford       2019    16,290,773      6.19 - 21.01    223,852,473
     International Stock       2018    18,628,820      4.72 - 16.05    196,377,713
     Sub-Account               2017    19,385,638      5.77 - 19.59    250,476,859
                               2016    22,804,816      4.33 - 14.68    221,819,744
                               2015    24,846,295      4.17 - 14.13    233,411,516

  BHFTII BlackRock Bond        2019     1,471,276     49.00 - 86.39     94,609,213
     Income Sub-Account        2018     1,262,721     45.72 - 79.37     74,443,334
                               2017     1,210,717     47.04 - 80.37     72,493,090
                               2016     1,269,349     46.30 - 77.89     74,475,330
                               2015     1,196,294     46.01 - 76.20     69,045,344


                                                FOR THE YEAR ENDED DECEMBER 31
                                     --------------------------------------------------
                                     INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                        INCOME          LOWEST TO          LOWEST TO
                                       RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                     -------------  ----------------  -----------------

  BHFTI SSGA Growth ETF        2019       1.95        0.90 - 2.35          6.77 - 21.35
     Sub-Account               2018       2.03        0.90 - 2.35      (10.88) - (9.57)
                               2017       2.10        0.90 - 2.35         16.87 - 18.57
                               2016       2.14        0.90 - 2.35           4.40 - 5.92
                               2015       2.00        0.90 - 2.35       (4.58) - (3.19)

  BHFTI T. Rowe Price Large    2019       2.13        0.89 - 2.35         23.58 - 25.69
     Cap Value Sub-Account     2018       1.84        0.89 - 2.35      (11.28) - (9.76)
                               2017       2.07        0.89 - 2.35         14.24 - 16.23
                               2016       2.83        0.89 - 2.35          8.67 - 15.17
                               2015       1.58        0.89 - 2.35         (5.83) - 3.48

  BHFTI T. Rowe Price Mid Cap  2019       0.03        1.15 - 2.35         28.02 - 29.57
     Growth Sub-Account        2018         --        1.15 - 2.35       (4.48) - (1.94)
                               2017         --        1.30 - 2.35         21.85 - 23.14
                               2016         --        1.30 - 2.35           3.75 - 4.84
                               2015         --        1.30 - 2.35           4.20 - 5.30

  BHFTI TCW Core Fixed Income  2019       3.40        0.90 - 1.60           6.67 - 7.42
     Sub-Account               2018       2.30        0.90 - 1.60       (1.53) - (0.83)
     (Commenced 5/1/2015)      2017       1.56        0.90 - 1.60           1.19 - 1.90
                               2016       0.71        0.90 - 1.60           0.59 - 1.29
                               2015         --        1.10 - 1.60       (1.56) - (0.10)

  BHFTI Victory Sycamore Mid   2019       1.08        0.90 - 2.35         25.99 - 27.83
     Cap Value Sub-Account     2018       0.57        0.90 - 2.35     (12.25) - (10.96)
                               2017       0.91        0.90 - 2.35           6.94 - 8.50
                               2016       0.63        0.90 - 2.35          9.67 - 14.47
                               2015       0.45        0.90 - 2.35      (11.10) - (6.76)

  BHFTI Wells Capital          2019       0.66        0.90 - 2.35         32.38 - 34.32
     Management Mid Cap Value  2018       0.94        0.90 - 2.35     (15.32) - (14.07)
     Sub-Account               2017       1.06        0.90 - 2.35           8.22 - 9.80
                               2016       0.83        0.90 - 2.35         10.55 - 12.17
                               2015       0.64        0.90 - 2.35      (11.23) - (4.37)

  BHFTI Western Asset          2019       2.76        0.90 - 2.35           5.00 - 6.53
     Management Government     2018       2.79        0.90 - 2.35       (2.40) - (0.97)
     Income Sub-Account        2017       2.18        0.90 - 2.35           0.22 - 1.68
                               2016       2.11        0.90 - 2.35         (2.68) - 0.41
                               2015       2.27        0.90 - 2.35       (1.90) - (0.47)

  BHFTII Baillie Gifford       2019       1.08        1.10 - 2.25         10.25 - 30.98
     International Stock       2018       0.92        1.10 - 2.25     (19.05) - (18.10)
     Sub-Account               2017       1.00        1.10 - 2.25         31.90 - 33.42
                               2016       1.38        1.10 - 2.25           2.71 - 3.91
                               2015       1.43        1.10 - 2.25       (4.35) - (0.24)

  BHFTII BlackRock Bond        2019       3.53        0.89 - 2.30           7.17 - 8.85
     Income Sub-Account        2018       3.17        0.89 - 2.30         (2.79) - 0.93
                               2017       2.97        0.89 - 2.30           1.59 - 3.18
                               2016       2.96        0.89 - 2.30         (1.22) - 2.21
                               2015       3.55        0.89 - 2.30       (1.84) - (0.30)


                                     119



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                      AS OF DECEMBER 31
                                        ---------------------------------------------
                                                        UNIT VALUE
                                                         LOWEST TO           NET
                                            UNITS       HIGHEST ($)      ASSETS ($)
                                        -----------  ----------------  --------------

  BHFTII BlackRock Capital        2019   28,653,659      1.24 - 97.26      52,690,823
     Appreciation Sub-Account     2018   12,135,301      0.95 - 73.87      26,500,659
                                  2017      510,906     22.58 - 72.77      16,273,783
                                  2016      584,767     17.21 - 54.82      14,098,982
                                  2015      579,182     17.56 - 55.26      14,301,142

  BHFTII BlackRock                2019   27,409,436      2.29 - 25.55     281,759,907
     Ultra-Short Term Bond        2018   28,914,668      2.28 - 25.31     290,964,126
     Sub-Account                  2017   28,762,874      2.27 - 25.15     293,895,134
                                  2016   33,915,071      2.28 - 25.22     343,711,226
                                  2015   39,040,662      2.31 - 25.42     398,590,779

  BHFTII Brighthouse Asset        2019    8,213,048     14.01 - 17.34     129,092,090
     Allocation 20 Sub-Account    2018    7,342,533     13.11 - 15.66     104,881,125
                                  2017    6,959,208     13.76 - 16.22     103,669,768
                                  2016    7,192,154     13.15 - 15.31     101,585,600
                                  2015    4,782,874     12.86 - 14.78      65,568,612

  BHFTII Brighthouse Asset        2019  180,564,815     15.32 - 19.09   3,134,940,152
     Allocation 40 Sub-Account    2018  202,906,702     13.57 - 16.83   3,095,758,853
                                  2017  233,277,672     14.53 - 17.77   3,782,892,946
                                  2016  266,351,270     13.44 - 16.21   3,966,089,283
                                  2015  297,958,878     12.97 - 15.25   4,248,132,666

  BHFTII Brighthouse Asset        2019  296,937,812     17.35 - 25.27   5,744,541,741
     Allocation 60 Sub-Account    2018  329,067,375     14.86 - 21.42   5,413,952,175
                                  2017  369,390,513     16.19 - 23.09   6,576,710,655
                                  2016  407,551,536     14.43 - 20.37   6,424,608,702
                                  2015  446,107,386     13.78 - 19.25   6,667,289,010

  BHFTII Brighthouse Asset        2019  260,378,401     18.44 - 27.86   5,359,706,005
     Allocation 80 Sub-Account    2018  289,237,581     15.24 - 22.79   4,888,889,937
                                  2017  320,858,282     16.97 - 25.11   5,997,031,325
                                  2016  353,810,551     14.56 - 21.32   5,638,281,052
                                  2015  388,323,652     13.77 - 19.96   5,814,030,390

  BHFTII Brighthouse/Artisan      2019    6,386,727     22.94 - 71.75     172,066,907
     Mid Cap Value Sub-Account    2018    6,972,807     19.02 - 58.50     154,625,972
                                  2017    7,979,852     22.49 - 68.00     207,336,567
                                  2016    9,275,939     20.44 - 60.81     217,144,062
                                  2015   10,052,598     17.04 - 49.89     194,979,851

  BHFTII                          2019    2,634,686     23.06 - 26.96      65,932,849
     Brighthouse/Dimensional      2018    2,801,946     19.18 - 22.11      57,864,977
     International Small Company  2017    2,741,436     24.71 - 28.09      72,337,511
     Sub-Account                  2016    2,814,983     19.38 - 21.73      57,869,934
                                  2015    3,198,853     18.74 - 20.72      63,108,799

  BHFTII Brighthouse/Wellington   2019   19,143,595     26.20 - 94.36     769,677,407
     Core Equity Opportunities    2018   22,089,432      6.76 - 72.71     689,411,811
     Sub-Account                  2017   26,398,229      6.84 - 73.43     831,306,119
                                  2016   29,665,645      5.82 - 62.22     787,903,717
                                  2015   26,356,637     17.28 - 58.48     527,700,755


                                                   FOR THE YEAR ENDED DECEMBER 31
                                        --------------------------------------------------
                                        INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                           INCOME          LOWEST TO          LOWEST TO
                                          RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                        -------------  ----------------  -----------------

  BHFTII BlackRock Capital        2019       0.09        0.89 - 2.30         29.83 - 31.67
     Appreciation Sub-Account     2018       0.09        0.89 - 2.30         (4.75) - 1.51
                                  2017       0.09        0.89 - 2.30         30.89 - 32.75
                                  2016         --        0.89 - 2.30       (2.19) - (0.80)
                                  2015         --        0.89 - 2.30           0.83 - 5.34

  BHFTII BlackRock                2019       1.52        0.90 - 2.35         (0.49) - 1.02
     Ultra-Short Term Bond        2018       0.76        0.90 - 2.35         (0.82) - 0.70
     Sub-Account                  2017       0.09        0.90 - 2.35       (1.70) - (0.21)
                                  2016         --        0.90 - 2.35       (2.21) - (0.75)
                                  2015         --        0.90 - 2.35       (2.32) - (0.27)

  BHFTII Brighthouse Asset        2019       2.10        0.90 - 2.35          9.14 - 10.74
     Allocation 20 Sub-Account    2018       2.15        0.90 - 2.20       (4.74) - (3.49)
                                  2017       2.00        0.90 - 2.20           4.61 - 5.98
                                  2016       3.21        0.90 - 2.20           0.66 - 3.59
                                  2015       1.92        0.90 - 2.20       (2.75) - (0.55)

  BHFTII Brighthouse Asset        2019       2.17        0.90 - 2.35         12.91 - 14.56
     Allocation 40 Sub-Account    2018       1.99        0.90 - 2.35       (6.63) - (5.26)
                                  2017       1.97        0.90 - 2.35           8.08 - 9.65
                                  2016       3.55        0.90 - 2.35           1.95 - 5.14
                                  2015       0.28        0.90 - 2.35       (3.37) - (0.68)

  BHFTII Brighthouse Asset        2019       1.94        0.90 - 2.35         16.65 - 18.35
     Allocation 60 Sub-Account    2018       1.64        0.90 - 2.35       (8.32) - (6.97)
                                  2017       1.72        0.90 - 2.35         12.07 - 13.71
                                  2016       3.15        0.90 - 2.35           3.07 - 6.15
                                  2015       0.54        0.90 - 2.35       (3.56) - (0.67)

  BHFTII Brighthouse Asset        2019       1.75        0.90 - 2.35         20.85 - 22.62
     Allocation 80 Sub-Account    2018       1.31        0.90 - 2.35      (10.26) - (8.94)
                                  2017       1.54        0.90 - 2.35         16.40 - 18.10
                                  2016       2.95        0.90 - 2.35           4.56 - 7.17
                                  2015       0.33        0.90 - 2.35       (3.98) - (0.84)

  BHFTII Brighthouse/Artisan      2019       0.53        0.89 - 2.35         20.57 - 22.65
     Mid Cap Value Sub-Account    2018       0.39        0.89 - 2.35     (15.44) - (11.05)
                                  2017       0.51        0.89 - 2.35          9.93 - 11.82
                                  2016       0.88        0.89 - 2.35         19.80 - 21.88
                                  2015       0.94        0.89 - 2.35     (11.76) - (10.24)

  BHFTII                          2019       1.03        0.90 - 2.30          7.88 - 21.93
     Brighthouse/Dimensional      2018       2.51        0.90 - 2.30     (22.38) - (21.28)
     International Small Company  2017       1.97        0.90 - 2.30         27.49 - 29.28
     Sub-Account                  2016       1.92        0.90 - 2.30           3.42 - 4.88
                                  2015       1.67        0.90 - 2.30           0.83 - 4.81

  BHFTII Brighthouse/Wellington   2019       1.52        0.89 - 2.35         27.73 - 29.78
     Core Equity Opportunities    2018       1.67        0.89 - 2.35         (2.58) - 2.35
     Sub-Account                  2017       1.46        0.89 - 2.35         16.17 - 18.02
                                  2016       1.71        0.89 - 2.35           0.63 - 6.39
                                  2015       1.65        0.89 - 2.35         (0.11) - 4.18


                                     120



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                      AS OF DECEMBER 31
                                        ---------------------------------------------
                                                        UNIT VALUE
                                                         LOWEST TO           NET
                                            UNITS       HIGHEST ($)      ASSETS ($)
                                        ------------  ---------------  --------------

  BHFTII Frontier Mid Cap         2019     2,377,524   26.50 - 113.55      71,039,365
     Growth Sub-Account           2018     2,592,967    20.42 - 86.47      59,173,615
                                  2017     2,948,860    22.22 - 25.66      72,637,850
                                  2016     3,317,626    18.21 - 20.80      66,475,159
                                  2015     3,809,398    17.73 - 20.04      73,654,799

  BHFTII Jennison Growth          2019    15,069,529     8.00 - 40.97     536,292,750
     Sub-Account                  2018    16,632,803     6.11 - 31.20     453,769,065
                                  2017    18,321,429     6.17 - 31.45     507,080,287
                                  2016    21,756,762     4.56 - 23.16     447,002,555
                                  2015    23,988,437     4.61 - 23.40     501,066,353

  BHFTII Loomis Sayles Small      2019       189,127    62.31 - 84.80      13,626,406
     Cap Core Sub-Account         2018       208,357    50.91 - 68.47      12,183,847
                                  2017       215,634    58.74 - 78.05      14,483,333
                                  2016       241,747    52.28 - 68.64      14,400,635
                                  2015       250,951    44.97 - 58.33      12,750,644

  BHFTII Loomis Sayles Small      2019         8,434    27.34 - 30.58         239,196
     Cap Growth Sub-Account       2018        12,889    21.94 - 24.39         299,873
                                  2017        14,487    22.21 - 24.55         344,057
                                  2016        15,428    17.80 - 19.55         292,623
                                  2015        18,203    17.03 - 18.60         328,707

  BHFTII MetLife Aggregate        2019    19,628,737     1.93 - 21.00     312,536,476
     Bond Index Sub-Account       2018    20,516,851     1.80 - 19.50     294,247,365
                                  2017    21,705,738     1.82 - 19.71     313,384,800
                                  2016    21,606,441     1.79 - 19.26     308,498,975
                                  2015    18,032,558     1.77 - 18.98     245,107,645

  BHFTII MetLife Mid Cap          2019     4,540,665     4.07 - 44.58     162,973,154
     Stock Index Sub-Account      2018     4,807,176     3.28 - 35.71     136,815,747
                                  2017     5,121,934     3.74 - 40.63     166,303,833
                                  2016     5,338,539     3.27 - 35.35     151,623,612
                                  2015     5,111,469     2.75 - 29.62     121,483,288

  BHFTII MetLife MSCI EAFE(R)     2019     7,920,621     1.84 - 20.38     119,450,654
     Index Sub-Account            2018     8,638,406     1.53 - 16.86     104,406,755
                                  2017     8,636,458     1.80 - 19.76     122,285,606
                                  2016     9,185,190     1.46 - 15.96     104,406,669
                                  2015     8,770,551     1.46 - 15.89      99,902,951

  BHFTII MetLife Russell 2000(R)  2019     4,658,624     3.97 - 44.45     162,234,535
     Index Sub-Account            2018     4,827,070     3.20 - 35.70     134,269,548
                                  2017     4,832,284     3.64 - 40.46     152,382,147
                                  2016     5,131,926     3.22 - 35.60     143,701,523
                                  2015     5,516,806     2.69 - 29.61     129,529,499

  BHFTII MetLife Stock Index      2019    19,891,745   11.35 - 128.00     676,951,950
     Sub-Account                  2018    21,350,722     8.76 - 98.47     561,844,816
                                  2017    22,657,750    9.30 - 104.14     639,076,662
                                  2016    25,218,819     7.75 - 86.45     594,986,915
                                  2015    25,649,785     7.03 - 78.11     553,515,934


                                                   FOR THE YEAR ENDED DECEMBER 31
                                        --------------------------------------------------
                                        INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                           INCOME          LOWEST TO          LOWEST TO
                                          RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                        -------------  ----------------  -----------------

  BHFTII Frontier Mid Cap         2019         --        1.15 - 2.35         29.75 - 31.32
     Growth Sub-Account           2018         --        1.15 - 2.35       (8.10) - (3.60)
                                  2017         --        1.30 - 2.35         22.04 - 23.33
                                  2016         --        1.30 - 2.35           2.72 - 3.80
                                  2015         --        1.30 - 2.35           0.22 - 1.28

  BHFTII Jennison Growth          2019       0.21        0.90 - 2.35         29.42 - 31.31
     Sub-Account                  2018       0.12        0.90 - 2.35       (2.22) - (0.79)
                                  2017       0.09        0.90 - 2.35         33.82 - 35.76
                                  2016       0.03        0.90 - 2.35       (2.45) - (0.98)
                                  2015       0.02        0.90 - 2.35           3.00 - 9.55

  BHFTII Loomis Sayles Small      2019         --        1.10 - 2.30         22.38 - 23.86
     Cap Core Sub-Account         2018         --        1.10 - 2.30     (13.33) - (12.27)
                                  2017       0.06        1.10 - 2.30         12.35 - 13.70
                                  2016       0.07        1.10 - 2.30         16.27 - 17.67
                                  2015         --        1.10 - 2.30       (3.98) - (2.67)

  BHFTII Loomis Sayles Small      2019         --        0.90 - 1.50         24.63 - 25.38
     Cap Growth Sub-Account       2018         --        0.90 - 1.50       (1.22) - (0.62)
                                  2017         --        0.90 - 1.50         24.80 - 25.55
                                  2016         --        0.90 - 1.50           4.47 - 5.10
                                  2015         --        0.90 - 1.50         (0.08) - 0.52

  BHFTII MetLife Aggregate        2019       2.94        0.89 - 2.35           5.83 - 7.67
     Bond Index Sub-Account       2018       2.82        0.89 - 2.25       (2.72) - (1.06)
                                  2017       2.68        0.89 - 2.25           0.65 - 2.35
                                  2016       2.73        0.89 - 2.35         (2.09) - 1.44
                                  2015       2.67        0.89 - 2.35       (2.38) - (0.46)

  BHFTII MetLife Mid Cap          2019       1.17        0.89 - 2.35         22.62 - 24.83
     Stock Index Sub-Account      2018       1.05        0.89 - 2.35     (13.63) - (11.95)
                                  2017       1.21        0.89 - 2.35         12.93 - 14.92
                                  2016       1.06        0.89 - 2.35         17.29 - 19.37
                                  2015       0.97        0.89 - 2.35       (7.24) - (2.52)

  BHFTII MetLife MSCI EAFE(R)     2019       2.49        0.89 - 2.25         18.87 - 20.85
     Index Sub-Account            2018       2.81        0.89 - 2.25     (16.05) - (14.68)
                                  2017       2.51        0.89 - 2.25         21.78 - 23.80
                                  2016       2.41        0.89 - 2.25         (1.28) - 0.44
                                  2015       3.14        0.89 - 2.25       (9.98) - (1.36)

  BHFTII MetLife Russell 2000(R)  2019       0.94        0.89 - 2.35         22.29 - 24.51
     Index Sub-Account            2018       0.88        0.89 - 2.35     (13.28) - (11.76)
                                  2017       1.01        0.89 - 2.35         11.65 - 13.66
                                  2016       1.07        0.89 - 2.35         18.12 - 20.21
                                  2015       1.00        0.89 - 2.35       (9.86) - (3.68)

  BHFTII MetLife Stock Index      2019       1.97        0.89 - 2.90         27.29 - 29.99
     Sub-Account                  2018       1.62        0.89 - 2.90       (7.43) - (2.52)
                                  2017       1.60        0.89 - 2.90         17.95 - 20.47
                                  2016       1.84        0.89 - 2.90          8.35 - 10.68
                                  2015       1.57        0.89 - 2.90         (3.80) - 2.90


                                     121



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                     AS OF DECEMBER 31
                                       ---------------------------------------------
                                                       UNIT VALUE
                                                        LOWEST TO           NET
                                           UNITS       HIGHEST ($)      ASSETS ($)
                                       ------------  ---------------  --------------

  BHFTII MFS(R) Total Return     2019       481,703   60.25 - 101.99      37,334,056
     Sub-Account                 2018       547,628    51.32 - 85.49      35,831,790
                                 2017       607,860    55.73 - 91.35      42,885,568
                                 2016       645,393    50.82 - 81.96      41,309,025
                                 2015       710,775    47.72 - 75.73      42,319,194

  BHFTII MFS(R) Value            2019     8,738,762    18.13 - 38.93     295,741,854
     Sub-Account                 2018     9,345,345    14.28 - 30.25     247,115,760
                                 2017    10,064,425    16.28 - 34.01     301,209,781
                                 2016    11,015,597    14.16 - 29.18     284,625,248
                                 2015    10,866,190    12.69 - 25.81     249,890,569

  BHFTII Neuberger Berman        2019     4,057,757    26.64 - 43.90     130,962,055
     Genesis Sub-Account         2018     4,313,161    21.08 - 34.16     109,306,453
                                 2017     4,920,073    23.20 - 36.94     136,037,963
                                 2016     5,470,799    20.57 - 32.20     133,113,538
                                 2015     6,339,117    17.77 - 27.37     131,949,869

  BHFTII T. Rowe Price Large     2019    17,675,457   14.64 - 102.68     348,694,167
     Cap Growth Sub-Account      2018    16,833,803    11.33 - 79.82     259,939,693
                                 2017    16,507,642    11.60 - 81.98     261,127,419
                                 2016    17,003,069     8.79 - 62.34     203,478,587
                                 2015    19,853,858     8.76 - 62.33     233,448,817

  BHFTII T. Rowe Price Small     2019       292,768    42.20 - 63.57      14,900,772
     Cap Growth Sub-Account      2018       312,692    32.46 - 48.17      12,116,876
                                 2017       336,378    35.58 - 52.00      14,148,515
                                 2016       373,919    29.67 - 42.70      12,987,892
                                 2015       373,434    27.19 - 38.55      11,814,560

  BHFTII VanEck Global           2019     7,390,509     8.99 - 10.11      71,212,820
     Natural Resources           2018     6,884,892      8.17 - 9.10      59,956,248
     Sub-Account                 2017     7,083,667    11.74 - 12.93      88,061,334
                                 2016     6,924,892    12.08 - 13.17      88,041,249
                                 2015     8,336,502      8.59 - 9.26      74,871,874

  BHFTII Western Asset           2019    26,453,474     3.95 - 42.60     958,728,263
     Management Strategic Bond   2018    29,089,667    24.90 - 37.54     937,917,920
     Opportunities Sub-Account   2017    31,331,458    26.57 - 39.37   1,066,892,358
                                 2016    32,852,094    25.20 - 36.70   1,050,068,498
                                 2015         6,545    27.92 - 31.04         195,310

  BHFTII Western Asset           2019    12,288,527    14.59 - 21.02     225,818,066
     Management U.S. Government  2018    12,864,119    14.12 - 20.05     226,871,420
     Sub-Account                 2017    13,730,177    14.36 - 20.09     244,111,008
                                 2016    14,126,610    14.46 - 19.94     250,345,183
                                 2015    15,069,560    14.65 - 19.92     268,298,667

  BlackRock Global Allocation    2019       636,532    22.54 - 26.48      15,778,245
     V.I. Sub-Account            2018       327,579    19.51 - 22.69       6,984,006
                                 2017       128,262    22.44 - 24.78       2,999,343
                                 2016       123,935    20.06 - 21.99       2,582,039
                                 2015        77,369    19.63 - 21.37       1,566,871


                                                  FOR THE YEAR ENDED DECEMBER 31
                                       --------------------------------------------------
                                       INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                          INCOME          LOWEST TO          LOWEST TO
                                         RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                       -------------  ----------------  -----------------

  BHFTII MFS(R) Total Return     2019       2.21        0.89 - 2.30         17.40 - 19.30
     Sub-Account                 2018       2.15        0.89 - 2.30       (7.92) - (6.41)
                                 2017       2.39        0.89 - 2.30          9.68 - 11.45
                                 2016       2.77        0.89 - 2.30           6.50 - 8.23
                                 2015       2.49        0.89 - 2.30       (2.62) - (1.04)

  BHFTII MFS(R) Value            2019       1.74        0.89 - 2.35         26.83 - 28.98
     Sub-Account                 2018       1.31        0.89 - 2.35     (12.34) - (10.85)
                                 2017       1.88        0.89 - 2.35         14.86 - 16.96
                                 2016       2.08        0.89 - 2.35         11.45 - 13.38
                                 2015       2.49        0.89 - 2.35         (2.68) - 2.26

  BHFTII Neuberger Berman        2019       0.02        0.89 - 2.35         26.40 - 28.53
     Genesis Sub-Account         2018       0.12        0.89 - 2.35       (9.16) - (7.54)
                                 2017       0.20        0.89 - 2.35         12.81 - 14.73
                                 2016       0.23        0.89 - 2.35         15.64 - 17.63
                                 2015       0.18        0.89 - 2.35       (1.95) - (0.31)

  BHFTII T. Rowe Price Large     2019       0.19        0.89 - 2.35         27.56 - 29.83
     Cap Growth Sub-Account      2018       0.21        0.89 - 2.35       (3.46) - (1.82)
                                 2017       0.09        0.89 - 2.35         30.39 - 32.68
                                 2016         --        0.89 - 2.35         (0.83) - 0.86
                                 2015         --        0.89 - 2.35         (3.16) - 9.80

  BHFTII T. Rowe Price Small     2019       0.02        0.89 - 2.15         30.01 - 31.98
     Cap Growth Sub-Account      2018       0.05        0.89 - 2.15       (8.78) - (7.38)
                                 2017       0.17        0.89 - 2.15         19.94 - 21.80
                                 2016       0.15        0.89 - 2.15          9.11 - 10.75
                                 2015       0.08        0.89 - 2.15         (8.44) - 1.80

  BHFTII VanEck Global           2019       0.35        1.10 - 2.15          9.96 - 11.12
     Natural Resources           2018         --        1.10 - 2.15     (30.38) - (29.64)
     Sub-Account                 2017         --        1.10 - 2.15       (2.85) - (1.82)
                                 2016       0.59        1.10 - 2.15         40.68 - 42.17
                                 2015       0.21        1.10 - 2.15     (34.19) - (33.49)

  BHFTII Western Asset           2019       4.82        0.89 - 2.35         11.58 - 13.47
     Management Strategic Bond   2018       5.30        0.89 - 2.35       (6.27) - (4.65)
     Opportunities Sub-Account   2017       3.85        0.89 - 2.35           5.43 - 7.27
                                 2016       2.28        0.89 - 2.35           3.36 - 7.33
                                 2015       3.26        1.10 - 1.60       (3.56) - (2.23)

  BHFTII Western Asset           2019       2.52        0.90 - 2.35           3.32 - 4.83
     Management U.S. Government  2018       2.06        0.90 - 2.35       (1.65) - (0.21)
     Sub-Account                 2017       2.43        0.90 - 2.35         (0.68) - 0.77
                                 2016       2.39        0.90 - 2.35         (1.94) - 0.12
                                 2015       2.04        0.90 - 2.35       (2.02) - (0.40)

  BlackRock Global Allocation    2019       1.65        0.90 - 1.90         15.54 - 16.70
     V.I. Sub-Account            2018       1.44        0.90 - 1.90       (9.05) - (7.53)
                                 2017       1.29        0.90 - 1.60         11.91 - 12.69
                                 2016       1.55        0.90 - 1.60           2.16 - 2.87
                                 2015       2.16        0.90 - 1.60       (5.15) - (0.44)


                                     122



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                    AS OF DECEMBER 31
                                      ---------------------------------------------
                                                      UNIT VALUE
                                                       LOWEST TO           NET
                                          UNITS       HIGHEST ($)      ASSETS ($)
                                      ------------  ---------------  --------------

  DWS CROCI(R) International    2019     1,122,507      7.95 - 9.70      10,880,644
     VIP Sub-Account            2018     1,189,127      6.59 - 8.07       9,594,320
                                2017     1,302,718      7.77 - 9.56      12,446,509
                                2016     1,416,905      6.42 - 7.94      11,250,311
                                2015     1,563,760      7.92 - 7.99      12,496,599

  Federated High Income Bond    2019           168            12.86           2,163
     Sub-Account                2018           168            11.39           1,915
                                2017           168            11.94           2,008
                                2016         2,435            11.32          27,574
                                2015         2,503            10.00          25,030

  Federated Kaufman             2019         5,211            15.26          79,542
     Sub-Account                2018         5,211            11.57          60,276
                                2017         5,219            11.30          58,964
                                2016         5,331             8.93          47,589
                                2015         5,491             8.73          47,958

  Fidelity(R) VIP Asset         2019     3,194,131    19.14 - 20.76      61,629,331
     Manager Sub-Account        2018     3,584,269    16.41 - 17.71      59,276,315
                                2017     4,080,387    17.58 - 18.88      72,267,994
                                2016     4,493,375    15.61 - 16.70      70,694,332
                                2015     4,920,853    15.35 - 16.34      76,132,122

  Fidelity(R) VIP Contrafund    2019    16,768,389    9.33 - 110.40     595,706,150
     Sub-Account                2018    18,483,447     7.22 - 84.79     516,822,732
                                2017    20,143,633     7.85 - 91.54     625,750,850
                                2016    21,259,478     6.55 - 75.90     573,685,439
                                2015    21,653,047     6.17 - 71.00     581,923,231

  Fidelity(R) VIP               2019       162,042            26.06       4,222,728
     Equity-Income Sub-Account  2018       188,322            20.74       3,905,060
                                2017       216,963            22.93       4,975,328
                                2016       230,181            20.60       4,741,279
                                2015       280,187            17.70       4,959,137

  Fidelity(R) VIP               2019   228,385,067    15.79 - 16.12   3,641,358,822
     FundsManager 50%           2018   275,172,032    13.67 - 13.93   3,795,963,053
     Sub-Account                2017   316,884,820    14.72 - 14.98   4,703,906,420
                                2016   339,562,460    13.13 - 13.34   4,491,693,357
                                2015   340,402,591    12.86 - 13.05   4,406,702,675

  Fidelity(R) VIP               2019   137,434,051    15.58 - 15.87   2,158,471,132
     FundsManager 60%           2018   161,436,447    13.20 - 13.42   2,146,738,120
     Sub-Account                2017   191,801,626    14.40 - 14.62   2,781,261,557
                                2016   250,989,708    12.56 - 12.74   3,173,600,531
                                2015   299,646,067    12.24 - 12.39   3,688,709,449

  Fidelity(R) VIP Government    2019     2,360,205      6.78 - 7.71      16,263,289
     Money Market Sub-Account   2018     2,554,414      6.74 - 7.62      17,486,552
                                2017     2,578,960     6.72 - 10.03      17,602,157
                                2016     2,758,925     6.77 - 10.16      18,955,221
                                2015     5,764,747     6.85 - 10.34      49,654,013


                                                FOR THE YEAR ENDED DECEMBER 31
                                      --------------------------------------------------
                                      INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                         INCOME          LOWEST TO          LOWEST TO
                                        RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                      -------------  ----------------  -----------------

  DWS CROCI(R) International    2019       3.04        0.89 - 1.40         20.08 - 20.69
     VIP Sub-Account            2018      1.06         0.89 - 1.40     (15.59) - (15.16)
                                2017      7.00         0.89 - 1.40         20.27 - 20.89
                                2016     10.65         0.89 - 1.40       (0.66) - (0.15)
                                2015      4.14         1.35 - 1.40       (6.80) - (6.75)

  Federated High Income Bond    2019       6.03               1.40                 12.95
     Sub-Account                2018      7.96                1.40                (4.64)
                                2017     22.71                1.40                  5.46
                                2016      6.17                1.40                 13.22
                                2015      5.62                1.40                (3.93)

  Federated Kaufman             2019         --               1.40                 31.96
     Sub-Account                2018        --                1.40                  2.39
                                2017        --                1.40                 26.55
                                2016        --                1.40                  2.22
                                2015        --                1.40                  4.90

  Fidelity(R) VIP Asset         2019       1.71        0.89 - 1.40         16.61 - 17.20
     Manager Sub-Account        2018      1.62         0.89 - 1.40       (6.67) - (6.19)
                                2017      1.84         0.89 - 1.40         12.52 - 13.10
                                2016      1.45         0.89 - 1.40           1.64 - 2.16
                                2015      1.53         0.89 - 1.40       (1.25) - (0.75)

  Fidelity(R) VIP Contrafund    2019       0.36        0.89 - 2.25         28.53 - 30.41
     Sub-Account                2018      0.60         0.89 - 2.25       (8.58) - (7.21)
                                2017      0.91         0.89 - 2.25         19.06 - 20.80
                                2016      0.74         0.89 - 2.25           5.15 - 7.05
                                2015      0.94         0.89 - 2.25       (1.68) - (0.22)

  Fidelity(R) VIP               2019       1.96               1.40                 25.67
     Equity-Income Sub-Account  2018      2.21                1.40                (9.57)
                                2017      1.70                1.40                 11.33
                                2016      2.16                1.40                 16.38
                                2015      3.11                1.40                (5.30)

  Fidelity(R) VIP               2019       1.60        1.90 - 2.05         15.50 - 15.67
     FundsManager 50%           2018      1.34         1.90 - 2.05       (7.14) - (7.00)
     Sub-Account                2017      1.14         1.90 - 2.05         12.14 - 12.31
                                2016      1.24         1.90 - 2.05           2.11 - 2.26
                                2015      1.25         1.90 - 2.05       (1.89) - (1.75)

  Fidelity(R) VIP               2019       1.47        1.90 - 2.05         18.04 - 18.22
     FundsManager 60%           2018      1.16         1.90 - 2.05       (8.35) - (8.21)
     Sub-Account                2017      0.99         1.90 - 2.05         14.62 - 14.79
                                2016      1.14         1.90 - 2.05           2.66 - 2.82
                                2015      1.05         1.90 - 2.05       (1.63) - (1.48)

  Fidelity(R) VIP Government    2019       2.00        0.89 - 1.40           0.60 - 1.11
     Money Market Sub-Account   2018      1.64         0.89 - 1.40           0.23 - 0.75
                                2017      0.67         0.89 - 2.05       (1.39) - (0.22)
                                2016      0.18         0.89 - 2.05       (1.85) - (0.68)
                                2015      0.02         0.89 - 2.05       (2.02) - (0.86)


                                     123



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                  AS OF DECEMBER 31
                                    ---------------------------------------------
                                                    UNIT VALUE
                                                     LOWEST TO           NET
                                        UNITS       HIGHEST ($)      ASSETS ($)
                                    -----------  ----------------  --------------

  Fidelity(R) VIP Growth      2019    4,727,832     40.25 - 43.52     192,447,150
     Sub-Account              2018    5,216,221     30.39 - 32.69     160,226,256
                              2017    5,678,425     30.88 - 33.04     177,086,628
                              2016    6,179,280     23.17 - 24.67     144,530,563
                              2015    6,842,558     23.31 - 24.69     160,925,919

  Fidelity(R) VIP Index 500   2019    1,603,022     40.39 - 44.22      65,492,854
     Sub-Account              2018    1,773,192     31.52 - 33.96      55,902,972
                              2017    1,974,819     33.45 - 35.88      66,077,861
                              2016    2,222,100     27.86 - 29.74      61,915,726
                              2015    2,464,560     25.24 - 26.83      62,224,177

  Fidelity(R) VIP Mid Cap     2019    4,886,437     69.72 - 85.13     380,021,877
     Sub-Account              2018    5,255,869     57.69 - 69.78     336,722,689
                              2017    5,822,703     68.99 - 82.66     444,177,834
                              2016    6,382,115     58.33 - 69.23     409,695,192
                              2015    6,898,177     53.12 - 62.44     401,284,587

  Fidelity(R) VIP Overseas    2019      265,333     14.85 - 16.89       4,148,762
     Sub-Account              2018      290,819     11.76 - 13.38       3,608,965
                              2017      307,530     13.96 - 15.91       4,543,644
                              2016      333,151     10.84 - 12.36       3,832,068
                              2015      376,022     11.55 - 13.19       4,615,792

  FTVIPT Franklin Income VIP  2019    2,999,443     57.34 - 85.72     225,606,636
     Sub-Account              2018    3,323,429     50.53 - 74.56     218,572,330
                              2017    3,717,519     54.01 - 78.66     259,462,703
                              2016    4,031,843     50.36 - 72.41     260,175,136
                              2015    4,415,184     45.17 - 64.11     253,302,116

  FTVIPT Franklin Mutual      2019    2,999,205     33.25 - 41.44     112,291,753
     Shares VIP Sub-Account   2018    3,418,001     27.65 - 34.13     105,943,384
                              2017    3,858,849     30.99 - 37.89     133,542,917
                              2016    4,164,982     29.15 - 35.30     134,905,092
                              2015    4,536,450     25.60 - 30.71     128,211,487

  FTVIPT Franklin Small Cap   2019    5,964,676     18.03 - 45.97     116,737,127
     Value VIP Sub-Account    2018    6,690,072      1.59 - 36.86     104,045,294
                              2017    7,335,249      1.85 - 42.86     131,376,313
                              2016    7,878,700      1.69 - 39.24     128,270,987
                              2015    8,783,442      1.31 - 13.07     110,998,636

  FTVIPT Templeton Foreign    2019    1,989,221     14.43 - 34.12      64,988,370
     VIP Sub-Account          2018    1,992,730     13.05 - 30.84      58,848,718
                              2017    1,993,298     15.72 - 37.10      70,683,455
                              2016    2,245,781     13.71 - 32.34      68,504,762
                              2015    2,282,942     13.03 - 30.69      66,002,305

  FTVIPT Templeton Global     2019    9,652,416     17.50 - 20.91     185,378,619
     Bond VIP Sub-Account     2018   10,293,632     17.46 - 20.70     196,643,947
                              2017   10,914,647     17.44 - 20.50     207,536,185
                              2016   11,303,555     17.42 - 20.30     213,840,331
                              2015   11,945,145     17.38 - 19.91     222,633,715


                                               FOR THE YEAR ENDED DECEMBER 31
                                    --------------------------------------------------
                                    INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                       INCOME          LOWEST TO          LOWEST TO
                                      RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                    -------------  ----------------  -----------------

  Fidelity(R) VIP Growth      2019       0.26        0.89 - 1.40         32.45 - 33.12
     Sub-Account              2018       0.24        0.89 - 1.40       (1.56) - (1.06)
                              2017       0.22        0.89 - 1.40         33.26 - 33.94
                              2016       0.04        0.89 - 1.40       (0.60) - (0.09)
                              2015       0.25        0.89 - 1.40           5.68 - 6.23

  Fidelity(R) VIP Index 500   2019       1.94        0.89 - 1.40         29.52 - 30.19
     Sub-Account              2018       1.82        0.89 - 1.35       (5.78) - (5.34)
                              2017       1.77        0.89 - 1.35         20.09 - 20.64
                              2016       1.44        0.89 - 1.35         10.36 - 10.87
                              2015       1.93        0.89 - 1.35         (0.02) - 0.44

  Fidelity(R) VIP Mid Cap     2019       0.67        0.95 - 1.90         20.85 - 22.01
     Sub-Account              2018       0.40        0.95 - 1.90     (16.39) - (15.58)
                              2017       0.49        0.95 - 1.90         18.28 - 19.40
                              2016       0.31        0.95 - 1.90          6.93 - 10.87
                              2015       0.25        0.95 - 1.90       (3.48) - (2.56)

  Fidelity(R) VIP Overseas    2019       1.70        1.15 - 1.40         25.99 - 26.31
     Sub-Account              2018       1.54        1.15 - 1.40     (16.00) - (15.79)
                              2017       1.41        1.15 - 1.40         28.48 - 28.80
                              2016       1.38        1.15 - 1.40       (6.38) - (6.15)
                              2015       1.31        1.15 - 1.40           2.18 - 2.44

  FTVIPT Franklin Income VIP  2019       5.37        0.95 - 2.25         13.48 - 14.96
     Sub-Account              2018       4.83        0.95 - 2.25       (6.45) - (5.21)
                              2017       4.13        0.95 - 2.25           7.24 - 8.64
                              2016       4.98        0.95 - 2.25          8.00 - 12.95
                              2015       4.62        0.95 - 2.25       (9.12) - (7.93)

  FTVIPT Franklin Mutual      2019       1.79        0.95 - 1.90         20.27 - 21.41
     Shares VIP Sub-Account   2018       2.34        0.95 - 1.90      (10.79) - (9.93)
                              2017       2.23        0.95 - 1.90           6.31 - 7.33
                              2016       1.98        0.95 - 1.90         10.51 - 14.96
                              2015       3.00        0.95 - 1.90       (6.73) - (5.84)

  FTVIPT Franklin Small Cap   2019       1.06        0.95 - 1.80         24.09 - 25.15
     Value VIP Sub-Account    2018       0.89        0.95 - 1.80     (14.44) - (13.70)
                              2017       0.52        0.95 - 1.80           8.68 - 9.61
                              2016       0.82        0.95 - 1.80         19.18 - 28.96
                              2015       0.63        0.95 - 1.75       (8.99) - (8.26)

  FTVIPT Templeton Foreign    2019       1.72        1.55 - 2.30          9.97 - 10.80
     VIP Sub-Account          2018       2.63        1.55 - 2.30     (17.38) - (16.75)
                              2017       2.62        1.55 - 2.30         14.05 - 14.90
                              2016       1.95        1.55 - 2.30           4.74 - 5.53
                              2015       3.23        1.55 - 2.30       (8.62) - (7.93)

  FTVIPT Templeton Global     2019       7.08        0.95 - 1.80           0.19 - 1.05
     Bond VIP Sub-Account     2018         --        0.95 - 1.80           0.11 - 0.97
                              2017         --        0.95 - 1.80           0.11 - 0.96
                              2016         --        0.95 - 1.80           1.15 - 2.04
                              2015       7.91        0.95 - 1.75       (5.97) - (5.21)


                                     124



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                   AS OF DECEMBER 31
                                     ---------------------------------------------
                                                      UNIT VALUE
                                                       LOWEST TO          NET
                                         UNITS        HIGHEST ($)     ASSETS ($)
                                     ------------  ---------------  --------------

  Invesco Oppenheimer V.I.     2019           560             5.26           2,945
     Government Money          2018           585             5.25           3,069
     Sub-Account               2017           613             5.25           3,219
                               2016           640             5.30           3,396
                               2015           668             5.38           3,592

  Invesco Oppenheimer V.I.     2019     2,554,137    23.91 - 41.67      98,399,913
     Main Street Small Cap     2018     2,862,403    19.17 - 33.35      88,702,351
     Sub-Account               2017     3,322,847    21.68 - 37.64     116,688,023
                               2016     3,684,082    19.26 - 33.36     115,192,944
                               2015     4,053,883    16.54 - 28.62     109,248,990

  Invesco Oppenheimer V.I.     2019         1,395            12.13          16,930
     Main Street Sub-Account   2018         1,395             9.32          12,998
                               2017        11,112            10.26         113,981
                               2016        11,492             8.90         102,246
                               2015        12,936             8.08         104,564

  Invesco V.I. American        2019           227            13.28           3,018
     Franchise Sub-Account     2018           227             9.85           2,238
                               2017         1,440            10.37          14,923
                               2016         1,514             8.25          12,495
                               2015         1,825             8.19          14,936

  Invesco V.I. Core Equity     2019        15,110             8.56         129,391
     Sub-Account               2018        16,354             6.73         110,127
                               2017        17,258             7.54         130,081
                               2016        25,350             6.75         171,207
                               2015        27,589             6.21         171,366

  Invesco V.I. Equity and      2019    21,646,824     8.30 - 29.92     601,877,078
     Income Sub-Account        2018    23,855,831     6.99 - 25.17     560,935,776
                               2017    25,769,702     7.84 - 28.15     681,403,273
                               2016    27,024,285     7.16 - 25.65     654,269,917
                               2015    28,966,281     6.30 - 22.55     619,311,840

  Invesco V.I. International   2019     6,222,306    11.06 - 42.06     233,711,133
     Growth Sub-Account        2018     7,312,222     8.72 - 33.11     217,298,662
                               2017     7,575,169    10.40 - 39.43     269,423,754
                               2016     8,293,250     8.57 - 32.43     243,849,630
                               2015     8,534,492     8.74 - 32.97     256,390,780

  Ivy VIP Asset Strategy       2019        15,461    17.82 - 20.15         302,322
     Sub-Account               2018        16,591    14.87 - 16.73         269,339
                               2017        19,310    15.98 - 17.89         332,996
                               2016        15,823    13.72 - 15.29         233,181
                               2015        20,900    14.31 - 15.87         317,700

  LMPVET ClearBridge Variable  2019     9,742,083    20.98 - 39.17     313,070,784
     Aggressive Growth         2018    10,306,862    17.15 - 31.62     274,064,297
     Sub-Account               2017    10,637,575    19.13 - 34.83     321,469,898
                               2016    10,932,298    16.82 - 30.24     293,536,621
                               2015    11,091,987    16.99 - 30.16     300,878,534


                                                FOR THE YEAR ENDED DECEMBER 31
                                     --------------------------------------------------
                                     INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                        INCOME          LOWEST TO          LOWEST TO
                                       RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                     -------------  ----------------  -----------------

  Invesco Oppenheimer V.I.     2019       1.70                1.40                 0.29
     Government Money          2018       1.34                1.40               (0.06)
     Sub-Account               2017       0.38                1.40               (1.00)
                               2016         --                1.40               (1.38)
                               2015         --                1.40               (1.38)

  Invesco Oppenheimer V.I.     2019         --         0.95 - 1.80        23.88 - 24.94
     Main Street Small Cap     2018       0.06         0.95 - 1.80    (12.14) - (11.39)
     Sub-Account               2017       0.65         0.95 - 1.80        11.88 - 12.84
                               2016       0.25         0.95 - 1.80        12.92 - 16.56
                               2015       0.64         0.95 - 1.75      (7.72) - (6.98)

  Invesco Oppenheimer V.I.     2019       1.06                1.40                30.25
     Main Street Sub-Account   2018       1.18                1.40               (9.17)
                               2017       1.25                1.40                15.29
                               2016       1.14                1.40                10.07
                               2015       0.92                1.40                 1.89

  Invesco V.I. American        2019         --                1.40                34.86
     Franchise Sub-Account     2018         --                1.40               (4.97)
                               2017       0.08                1.40                25.58
                               2016         --                1.40                 0.85
                               2015         --                1.40                 3.55

  Invesco V.I. Core Equity     2019       0.94                1.40                27.17
     Sub-Account               2018       0.90                1.40              (10.66)
                               2017       0.96                1.40                11.61
                               2016       0.76                1.40                 8.73
                               2015       1.05                1.40               (7.08)

  Invesco V.I. Equity and      2019       2.28         0.95 - 1.90        17.75 - 18.87
     Income Sub-Account        2018       1.97         0.95 - 1.90    (11.44) - (10.59)
                               2017       1.45         0.95 - 1.90          8.70 - 9.74
                               2016       1.64         0.95 - 1.90        10.31 - 13.75
                               2015       2.30         0.95 - 1.90      (4.42) - (3.51)

  Invesco V.I. International   2019       1.26         0.95 - 1.80        25.95 - 27.03
     Growth Sub-Account        2018       1.81         0.95 - 1.80    (16.73) - (16.01)
                               2017       1.24         0.95 - 1.80        20.54 - 21.57
                               2016       1.17         0.95 - 1.80      (4.75) - (1.64)
                               2015       1.28         0.95 - 1.75      (4.31) - (3.54)

  Ivy VIP Asset Strategy       2019       2.05         1.10 - 1.60        19.85 - 20.45
     Sub-Account               2018       1.73         1.10 - 1.60      (6.95) - (6.48)
                               2017       1.66         1.10 - 1.60        16.40 - 16.98
                               2016       0.56         1.10 - 1.60      (4.11) - (3.63)
                               2015       0.36         1.10 - 1.60      (9.80) - (9.35)

  LMPVET ClearBridge Variable  2019       0.93         0.95 - 2.30        22.23 - 23.89
     Aggressive Growth         2018       0.58         0.95 - 2.30     (10.44) - (9.22)
     Sub-Account               2017       0.49         0.95 - 2.30        13.65 - 15.19
                               2016       0.65         0.95 - 2.30        (1.10) - 4.06
                               2015       0.35         0.95 - 2.30      (3.97) - (2.66)


                                     125



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                      AS OF DECEMBER 31
                                        ---------------------------------------------
                                                        UNIT VALUE
                                                         LOWEST TO           NET
                                            UNITS       HIGHEST ($)      ASSETS ($)
                                        ------------  ---------------  --------------

  LMPVET ClearBridge Variable     2019     7,974,959    15.07 - 92.27     440,731,484
     Appreciation Sub-Account     2018     8,114,870    11.85 - 71.73     393,172,143
                                  2017     7,854,907    12.31 - 73.70     452,130,395
                                  2016     7,615,066    10.51 - 62.23     405,981,554
                                  2015     7,746,928    41.76 - 57.24     400,323,007

  LMPVET ClearBridge Variable     2019     6,996,832    20.21 - 35.10     225,020,223
     Dividend Strategy            2018     7,795,080    15.72 - 26.97     193,406,499
     Sub-Account                  2017     8,474,807    16.91 - 28.66     224,472,939
                                  2016     8,906,934    14.51 - 24.31     200,725,348
                                  2015     9,391,848    12.92 - 21.38     186,422,315

  LMPVET ClearBridge Variable     2019        57,901    38.19 - 43.97       2,392,450
     Large Cap Growth             2018        69,686    29.52 - 33.77       2,215,534
     Sub-Account                  2017       101,448    30.17 - 34.28       3,261,658
                                  2016       121,433    23.83 - 27.67       3,173,371
                                  2015       156,000    22.70 - 26.15       3,887,858

  LMPVET ClearBridge Variable     2019       235,436    28.47 - 33.92       7,569,792
     Large Cap Value Sub-Account  2018       232,863    22.61 - 26.72       5,902,416
                                  2017       248,434    25.39 - 29.77       7,016,572
                                  2016       342,723    22.62 - 26.31       8,591,571
                                  2015       333,277    20.49 - 23.64       7,518,321

  LMPVET ClearBridge Variable     2019     3,412,090    20.24 - 51.30     128,119,129
     Small Cap Growth             2018     3,317,005    16.28 - 40.82     104,196,797
     Sub-Account                  2017     3,504,028    16.06 - 39.84     113,694,790
                                  2016     3,770,232    13.20 - 32.37     102,811,126
                                  2015     3,817,761    21.51 - 30.88     101,595,917

  LMPVET QS Variable              2019     1,180,673    25.32 - 31.48      33,753,890
     Conservative Growth          2018     1,337,369    21.99 - 27.08      33,045,053
     Sub-Account                  2017     1,529,846    23.45 - 28.60      40,132,539
                                  2016     1,657,879    21.04 - 25.43      38,835,887
                                  2015     1,731,301    19.96 - 23.89      38,239,774

  LMPVET QS Variable Growth       2019     2,720,954    24.17 - 30.05      74,124,103
     Sub-Account                  2018     3,186,503    20.10 - 24.75      71,918,076
                                  2017     3,596,291    22.28 - 27.17      89,558,223
                                  2016     3,963,257    19.02 - 22.99      83,823,213
                                  2015     4,234,141    17.87 - 21.39      83,641,315

  LMPVET QS Variable Moderate     2019        24,153    23.68 - 25.96         608,135
     Growth Sub-Account           2018        25,741    20.04 - 21.88         547,294
                                  2017        34,884    21.80 - 23.70         803,869
                                  2016        45,938    19.03 - 20.61         921,078
                                  2015        67,619    17.96 - 19.37       1,277,408

  LMPVIT Western Asset            2019     3,260,422    18.58 - 31.22      86,687,811
     Variable Global High Yield   2018     3,297,946    16.59 - 27.55      80,253,026
     Bond Sub-Account             2017     3,326,625    17.63 - 28.95      87,572,384
                                  2016     3,567,957    16.56 - 26.90      87,930,944
                                  2015     4,003,585    18.50 - 23.49      86,641,483


                                                   FOR THE YEAR ENDED DECEMBER 31
                                        --------------------------------------------------
                                        INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                           INCOME          LOWEST TO          LOWEST TO
                                          RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                        -------------  ----------------  -----------------

  LMPVET ClearBridge Variable     2019       1.32        0.95 - 2.30         26.91 - 28.64
     Appreciation Sub-Account     2018       1.22        0.95 - 2.30       (3.99) - (2.68)
                                  2017       1.18        0.95 - 2.30         16.84 - 18.42
                                  2016       1.32        0.95 - 2.30           4.49 - 8.73
                                  2015       1.17        0.95 - 2.30         (0.71) - 0.64

  LMPVET ClearBridge Variable     2019       1.32        0.95 - 2.30         28.60 - 30.17
     Dividend Strategy            2018       1.38        0.95 - 2.30       (7.03) - (5.90)
     Sub-Account                  2017       1.35        0.95 - 2.30         16.47 - 17.89
                                  2016       1.44        0.95 - 2.30          6.86 - 13.69
                                  2015       1.65        0.95 - 2.30       (6.48) - (5.34)

  LMPVET ClearBridge Variable     2019       0.34        1.50 - 2.15         29.35 - 30.19
     Large Cap Growth             2018       0.26        1.50 - 2.15       (2.12) - (1.48)
     Sub-Account                  2017       0.22        1.50 - 2.15         23.10 - 23.90
                                  2016       0.48        1.50 - 2.30           4.95 - 5.79
                                  2015       0.43        1.50 - 2.30           7.30 - 8.16

  LMPVET ClearBridge Variable     2019       1.73        1.50 - 2.30         25.95 - 26.96
     Large Cap Value Sub-Account  2018       1.50        1.50 - 2.30     (10.96) - (10.24)
                                  2017       1.28        1.50 - 2.30         12.23 - 13.13
                                  2016       1.62        1.50 - 2.30         10.43 - 11.32
                                  2015       1.41        1.50 - 2.30       (5.08) - (4.31)

  LMPVET ClearBridge Variable     2019         --        0.95 - 2.30         23.99 - 25.67
     Small Cap Growth             2018         --        0.95 - 2.30           1.07 - 2.45
     Sub-Account                  2017         --        0.95 - 2.30         21.45 - 23.09
                                  2016         --        0.95 - 2.30           3.40 - 9.41
                                  2015         --        0.95 - 2.30       (6.55) - (5.28)

  LMPVET QS Variable              2019       2.05        0.95 - 1.90         15.16 - 16.26
     Conservative Growth          2018       2.43        0.95 - 1.90       (6.21) - (5.31)
     Sub-Account                  2017       2.35        0.95 - 1.90         11.42 - 12.48
                                  2016       2.42        0.95 - 1.90           5.41 - 6.42
                                  2015       1.95        0.95 - 1.90       (3.05) - (2.12)

  LMPVET QS Variable Growth       2019       1.48        0.95 - 1.90         20.27 - 21.42
     Sub-Account                  2018       2.54        0.95 - 1.90       (9.78) - (8.92)
                                  2017       1.79        0.95 - 1.90         17.10 - 18.21
                                  2016       1.45        0.95 - 1.90           6.46 - 7.47
                                  2015       1.33        0.95 - 1.90       (4.07) - (3.16)

  LMPVET QS Variable Moderate     2019       1.68        1.50 - 1.90         18.16 - 18.64
     Growth Sub-Account           2018       2.09        1.50 - 1.90       (8.05) - (7.68)
                                  2017       1.91        1.50 - 1.90         14.54 - 14.99
                                  2016       1.85        1.50 - 1.90           5.96 - 6.39
                                  2015       1.47        1.50 - 1.90       (3.64) - (3.25)

  LMPVIT Western Asset            2019       5.23        0.95 - 2.30         11.78 - 13.30
     Variable Global High Yield   2018       5.15        0.95 - 2.30       (6.12) - (4.83)
     Bond Sub-Account             2017       5.18        0.95 - 2.30           6.19 - 7.63
                                  2016       6.08        0.95 - 2.30          8.61 - 14.51
                                  2015       5.96        0.95 - 2.30       (7.98) - (6.73)


                                     126



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONTINUED)



8.  FINANCIAL HIGHLIGHTS -- (CONTINUED)




                                                     AS OF DECEMBER 31
                                       ---------------------------------------------
                                                       UNIT VALUE
                                                        LOWEST TO           NET
                                           UNITS       HIGHEST ($)      ASSETS ($)
                                       ------------  ---------------  --------------

  MFS(R) VIT Investors Trust     2019           273            12.57           3,435
     Sub-Account                 2018           273             9.69           2,648
                                 2017           581            10.40           6,043
                                 2016         1,033             8.55           8,827
                                 2015         1,112             7.98           8,875

  MFS(R) VIT New Discovery       2019           331            22.54           7,457
     Sub-Account                 2018           493            16.13           7,947
                                 2017           395            16.60           6,563
                                 2016         3,102            13.29          41,234
                                 2015         3,178            12.36          39,288

  MFS(R) VIT Research            2019         1,745            13.67          23,856
     Sub-Account                 2018         1,848            10.43          19,274
                                 2017         1,908            11.06          21,100
                                 2016         2,377             9.09          21,608
                                 2015         3,091             8.48          26,211

  Morgan Stanley VIF Global      2019        36,351    14.59 - 16.09         564,376
     Infrastructure Sub-Account  2018        37,631    11.59 - 12.72         462,118
                                 2017        40,450    12.79 - 14.46         545,195
                                 2016        41,674    11.55 - 12.97         503,939
                                 2015        32,371    10.20 - 11.38         345,685

  Neuberger Berman Genesis       2019           181            36.12           6,523
     Sub-Account                 2018           181            28.18           5,089
                                 2017           181            30.49           5,505
                                 2016           246            26.63           6,564
                                 2015           317            22.76           7,222

  PIMCO VIT                      2019        60,126      6.60 - 6.77         403,171
     CommodityRealReturn(R)      2018        61,287      6.04 - 6.17         375,089
     Strategy Sub-Account        2017        64,010      7.17 - 7.28         463,243
                                 2016        64,637      7.15 - 7.22         464,850
                                 2015        39,333      6.34 - 6.37         250,085

  PIMCO VIT Dynamic Bond         2019        57,085    10.38 - 10.65         599,981
     Sub-Account                 2018        53,631    10.08 - 10.29         546,932
                                 2017        55,031    10.17 - 10.33         564,134
                                 2016        56,423      9.87 - 9.98         560,051
                                 2015        29,245      9.61 - 9.66         281,863

  PIMCO VIT Emerging Markets     2019        68,327    11.55 - 11.91         806,754
     Bond Sub-Account            2018        79,304    10.26 - 10.51         827,015
                                 2017        82,983    10.98 - 11.17         921,470
                                 2016        62,989    10.18 - 10.29         645,743
                                 2015        44,282      9.16 - 9.21         406,796

  Pioneer VCT Mid Cap Value      2019     1,018,436    48.69 - 62.43      56,933,322
     Sub-Account                 2018     1,148,743    38.76 - 49.20      50,850,983
                                 2017     1,243,008    49.10 - 61.71      69,380,389
                                 2016     1,342,318    44.36 - 55.19      67,321,539
                                 2015     1,461,366    38.92 - 47.94      63,990,328


                                                 FOR THE YEAR ENDED DECEMBER 31
                                       --------------------------------------------------
                                       INVESTMENT(1)  EXPENSE RATIO(2)    TOTAL RETURN(3)
                                          INCOME          LOWEST TO          LOWEST TO
                                         RATIO (%)       HIGHEST (%)        HIGHEST (%)
                                       -------------  ----------------  -----------------

  MFS(R) VIT Investors Trust     2019       0.69               1.40                 29.75
     Sub-Account                 2018      0.57                1.40                (6.81)
                                 2017      0.61                1.40                 21.64
                                 2016      0.86                1.40                  7.08
                                 2015      0.92                1.40                (1.18)

  MFS(R) VIT New Discovery       2019         --               1.40                 39.73
     Sub-Account                 2018        --                1.40                (2.85)
                                 2017        --                1.40                 24.90
                                 2016        --                1.40                  7.54
                                 2015        --                1.40                (3.25)

  MFS(R) VIT Research            2019       0.77               1.40                 31.10
     Sub-Account                 2018      0.70                1.40                (5.71)
                                 2017      1.34                1.40                 21.66
                                 2016      0.78                1.40                  7.22
                                 2015      0.73                1.40                (0.60)

  Morgan Stanley VIF Global      2019       2.58        1.10 - 1.60         25.84 - 26.47
     Infrastructure Sub-Account  2018      2.79         1.10 - 1.60       (9.36) - (8.90)
                                 2017      2.19         0.90 - 1.60         10.76 - 11.54
                                 2016      2.10         0.90 - 1.60         13.14 - 13.94
                                 2015      1.43         0.90 - 1.60     (15.25) - (12.01)

  Neuberger Berman Genesis       2019       0.01               0.89                 28.18
     Sub-Account                 2018      0.01                0.89                (7.57)
                                 2017      0.08                0.89                 14.48
                                 2016      0.06                0.89                 17.01
                                 2015      0.05                0.89                (0.74)

  PIMCO VIT                      2019       3.99        1.10 - 1.60           9.22 - 9.77
     CommodityRealReturn(R)      2018      1.82         1.10 - 1.60     (15.70) - (15.27)
     Strategy Sub-Account        2017     10.97         1.10 - 1.60           0.32 - 0.82
                                 2016      0.90         1.10 - 1.60         12.80 - 13.37
                                 2015      2.13         1.10 - 1.60     (27.09) - (26.72)

  PIMCO VIT Dynamic Bond         2019       2.48        1.10 - 1.60           2.96 - 3.48
     Sub-Account                 2018      2.37         1.10 - 1.60       (0.88) - (0.38)
                                 2017      1.41         1.10 - 1.60           3.04 - 3.55
                                 2016      1.42         1.10 - 1.60           2.77 - 3.28
                                 2015      4.52         1.10 - 1.60       (3.52) - (3.04)

  PIMCO VIT Emerging Markets     2019       4.12        0.95 - 1.60         12.61 - 13.34
     Bond Sub-Account            2018      3.82         0.95 - 1.60       (6.53) - (5.92)
                                 2017      4.77         0.95 - 1.60           7.81 - 8.51
                                 2016      4.97         0.95 - 1.60         11.18 - 11.91
                                 2015      5.03         1.10 - 1.60       (4.08) - (3.60)

  Pioneer VCT Mid Cap Value      2019       1.07        0.95 - 1.95         25.61 - 26.87
     Sub-Account                 2018      0.46         0.95 - 1.95     (21.06) - (20.26)
                                 2017      0.62         0.95 - 1.95         10.70 - 11.80
                                 2016      0.47         0.95 - 1.95         10.51 - 15.13
                                 2015      0.55         0.95 - 1.95       (8.16) - (7.24)


                                     127



                  BRIGHTHOUSE SEPARATE ACCOUNT A
              OF BRIGHTHOUSE LIFE INSURANCE COMPANY
         NOTES TO THE FINANCIAL STATEMENTS -- (CONCLUDED)



8.  FINANCIAL HIGHLIGHTS -- (CONCLUDED)




                                                   AS OF DECEMBER 31
                                     ---------------------------------------------
                                                     UNIT VALUE
                                                      LOWEST TO           NET
                                         UNITS       HIGHEST ($)      ASSETS ($)
                                     ------------  ---------------  --------------

  Pioneer VCT Real Estate      2019         6,239    33.27 - 38.50         219,146
     Shares Sub-Account        2018         7,520    26.52 - 30.46         211,095
                               2017         7,888    29.25 - 33.35         243,714
                               2016         8,268    28.88 - 32.67         252,027
                               2015         8,230    27.82 - 31.25         240,901

  T. Rowe Price Government     2019        11,183            17.34         193,886
     Money Sub-Account         2018        10,481            17.17         179,949
                               2017        22,810            17.07         389,371
                               2016        31,086            17.14         532,685
                               2015        28,754            17.29         497,039

  T. Rowe Price Growth Stock   2019        31,786           267.45       8,501,333
     Sub-Account               2018        34,907           206.26       7,200,178
                               2017        38,028           210.28       7,996,385
                               2016        40,267           158.76       6,392,650
                               2015        44,692           157.95       7,058,976

  T. Rowe Price International  2019        25,828            21.33         550,911
     Stock Sub-Account         2018        26,491            16.83         445,745
                               2017        26,224            19.73         517,492
                               2016        24,670            15.53         383,175
                               2015        27,270            15.32         417,754

  TAP 1919 Variable Socially   2019         3,561    51.50 - 57.53         197,619
     Responsive Balanced       2018         3,756    41.43 - 46.09         167,444
     Sub-Account               2017         3,165    42.63 - 47.23         146,640
                               2016         3,566    37.21 - 41.07         143,946
                               2015         5,634    35.70 - 39.24         215,832


                                               FOR THE YEAR ENDED DECEMBER 31
                                     -------------------------------------------------
                                     INVESTMENT(1)  EXPENSE RATIO(2)   TOTAL RETURN(3)
                                        INCOME          LOWEST TO         LOWEST TO
                                       RATIO (%)       HIGHEST (%)       HIGHEST (%)
                                     -------------  ----------------  ----------------

  Pioneer VCT Real Estate      2019       1.87        1.20 - 1.95        25.44 - 26.39
     Shares Sub-Account        2018       2.45        1.20 - 1.95      (9.33) - (8.65)
                               2017       2.29        1.20 - 1.95          1.31 - 2.07
                               2016       3.27        1.20 - 1.95          3.78 - 4.56
                               2015       2.06        1.20 - 1.95          2.50 - 3.27

  T. Rowe Price Government     2019       1.86               0.89                 0.98
     Money Sub-Account         2018       1.39               0.89                 0.58
                               2017       0.49               0.89               (0.38)
                               2016       0.02               0.89               (0.87)
                               2015       0.01               0.89               (0.88)

  T. Rowe Price Growth Stock   2019       0.20               0.89                29.66
     Sub-Account               2018       0.16               0.89               (1.91)
                               2017       0.24               0.89                32.45
                               2016       0.07               0.89                 0.51
                               2015         --               0.89                 9.87

  T. Rowe Price International  2019       2.44               0.89                26.76
     Stock Sub-Account         2018       1.39               0.89              (14.73)
                               2017       1.54               0.89                27.05
                               2016       1.14               0.89                 1.39
                               2015       0.80               0.89               (1.65)

  TAP 1919 Variable Socially   2019       0.96        1.50 - 1.90        24.32 - 24.82
     Responsive Balanced       2018       1.12        1.50 - 1.90      (2.82) - (2.42)
     Sub-Account               2017       1.00        1.50 - 1.90        14.55 - 15.01
                               2016       0.88        1.50 - 1.90          4.24 - 4.65
                               2015       1.19        1.50 - 1.90      (3.56) - (3.18)

1 These amounts represent the dividends, excluding distributions of capital
  gains, received by the Sub-Account from the underlying fund, portfolio or
  series, net of management fees assessed by the fund manager, divided by the
  average net assets, regardless of share class, if any. These ratios exclude
  those expenses, such as mortality and expense risk charges, that are assessed
  against contract owner accounts either through reductions in the unit values
  or the redemption of units. The investment income ratio is calculated for
  each period indicated or from the effective date through the end of the
  reporting period. The recognition of investment income by the Sub-Account is
  affected by the timing of the declaration of dividends by the underlying
  fund, portfolio or series in which the Sub-Account invests. The investment
  income ratio is calculated as a weighted average ratio since the Sub-Account
  may invest in two or more share classes, within the fund, portfolio or series
  of the Trusts which may have unique investment income ratios.

2 These amounts represent annualized contract expenses of each of the
  applicable Sub-Accounts, consisting primarily of mortality and expense risk
  charges, for each period indicated. The ratios include only those expenses
  that result in a direct reduction to unit values. Charges made directly to
  contract owner accounts through the redemption of units and expenses of the
  underlying fund, portfolio or series have been excluded.

3 These amounts represent the total return for the period indicated, including
  changes in the value of the underlying fund, portfolio or series, and
  expenses assessed through the reduction of unit values. These ratios do not
  include any expenses assessed through the redemption of units. The total
  return is calculated for each period indicated or from the effective date
  through the end of the reporting period. The total return is presented as a
  range of minimum to maximum returns, based on the minimum and maximum returns
  within each product grouping of the applicable Sub-Account.


9. SUBSEQUENT EVENTS


The impact of the coronavirus ("COVID-19") outbreak on the future financial
performance of the Separate Account's investments will depend on future
developments, including the duration and spread of the outbreak and related
advisories and restrictions. These developments and the impact of COVID-19 on
the financial markets and the overall economy are highly uncertain, cannot be
predicted and are not included in the results presented. If the financial
markets and/or the overall economy are impacted for an extended period, the
Separate Account's future investment results may be materially adversely
affected.



                                     128

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

        Index to Consolidated Financial Statements, Notes and Schedules

                                                                                                            Page
                                                                                                        --------
Report of Independent Registered Public Accounting Firm................................................    2
Financial Statements at December 31, 2019 and 2018 and for the Years Ended December 31, 2019, 2018 and
  2017:
 Consolidated Balance Sheets...........................................................................    3
 Consolidated Statements of Operations.................................................................    4
 Consolidated Statements of Comprehensive Income (Loss)................................................    5
 Consolidated Statements of Equity.....................................................................    6
 Consolidated Statements of Cash Flows.................................................................    7
Notes to the Consolidated Financial Statements
 Note 1 -- Business, Basis of Presentation and Summary of Significant Accounting Policies..............    9
 Note 2 -- Segment Information.........................................................................    18
 Note 3 -- Organizational Changes......................................................................    22
 Note 4 -- Insurance...................................................................................    23
 Note 5 -- Deferred Policy Acquisition Costs, Value of Business Acquired and Other Intangibles.........    27
 Note 6 -- Reinsurance.................................................................................    28
 Note 7 -- Investments.................................................................................    33
 Note 8 -- Derivatives.................................................................................    44
 Note 9 -- Fair Value..................................................................................    50
 Note 10 -- Long-term Debt.............................................................................    59
 Note 11 -- Equity.....................................................................................    60
 Note 12 -- Other Revenues and Other Expenses..........................................................    65
 Note 13 -- Income Tax.................................................................................    66
 Note 14 -- Contingencies, Commitments and Guarantees..................................................    69
 Note 15 -- Related Party Transactions.................................................................    71
 Note 16 -- Subsequent Events..........................................................................    72
Financial Statement Schedules at December 31, 2019 and 2018 and for the Years Ended December 31, 2019,
  2018 and 2017:
 Schedule I -- Consolidated Summary of Investments -- Other Than Investments in Related Parties........    73
 Schedule II -- Condensed Financial Information (Parent Company Only)..................................    74
 Schedule III -- Consolidated Supplementary Insurance Information......................................    78
 Schedule IV -- Consolidated Reinsurance...............................................................    80

                                      1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the stockholders and the Board of Directors of Brighthouse Life Insurance
Company

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Brighthouse
Life Insurance Company and subsidiaries (the "Company") as of December 31, 2019
and 2018, and the related consolidated statements of operations, comprehensive
income (loss), stockholder's equity, and cash flows for each of the three years
in the period ended December 31, 2019, and the related notes and the schedules
listed in the Index to Consolidated Financial Statements, Notes and Schedules
(collectively referred to as the "financial statements"). In our opinion, the
financial statements present fairly, in all material respects, the financial
position of the Company as of December 31, 2019 and 2018, and the results of
its operations and its cash flows for each of the three years in the period
ended December 31, 2019, in conformity with accounting principles generally
accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Company's management.
Our responsibility is to express an opinion on the Company's financial
statements based on our audits. We are a public accounting firm registered with
the Public Company Accounting Oversight Board (United States) (PCAOB) and are
required to be independent with respect to the Company in accordance with the
U.S. federal securities laws and the applicable rules and regulations of the
Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those
standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material
misstatement, whether due to error or fraud. The Company is not required to
have, nor were we engaged to perform, an audit of its internal control over
financial reporting. As part of our audits, we are required to obtain an
understanding of internal control over financial reporting but not for the
purpose of expressing an opinion on the effectiveness of the Company's internal
control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and
performing procedures that respond to those risks. Such procedures included
examining, on a test basis, evidence regarding the amounts and disclosures in
the financial statements. Our audits also included evaluating the accounting
principles used and significant estimates made by management, as well as
evaluating the overall presentation of the financial statements. We believe
that our audits provide a reasonable basis for our opinion.

/s/ DELOITTE & TOUCHE LLP
Charlotte, North Carolina
March 4, 2020

We have served as the Company's auditor since 2005.

                                      2

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                          Consolidated Balance Sheets
                          December 31, 2019 and 2018

                (In millions, except share and per share data)

                                                                                                2019       2018
                                                                                           ---------  ---------
Assets
Investments:
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost:
 $63,083 and $59,672, respectively).......................................................  $ 69,977   $ 61,348
Equity securities, at estimated fair value................................................       147        140
Mortgage loans (net of valuation allowances of $64 and $56, respectively).................    15,664     13,596
Policy loans..............................................................................       875      1,001
Limited partnerships and limited liability companies......................................     2,379      2,290
Short-term investments, principally at estimated fair value...............................     1,482         --
Other invested assets, principally at estimated fair value................................     3,224      3,037
                                                                                           ---------  ---------
   Total investments......................................................................    93,748     81,412
Cash and cash equivalents.................................................................     2,493      3,494
Accrued investment income.................................................................       663        704
Premiums, reinsurance and other receivables...............................................    14,287     13,113
Deferred policy acquisition costs and value of business acquired..........................     4,809      5,086
Current income tax recoverable............................................................        21          1
Other assets..............................................................................       464        509
Separate account assets...................................................................    99,668     91,511
                                                                                           ---------  ---------
   Total assets...........................................................................  $216,153   $195,830
                                                                                           =========  =========
Liabilities and Equity
Liabilities
Future policy benefits....................................................................  $ 39,081   $ 35,588
Policyholder account balances.............................................................    45,121     39,330
Other policy-related balances.............................................................     2,801      2,728
Payables for collateral under securities loaned and other transactions....................     4,374      5,047
Long-term debt............................................................................       844        434
Current income tax payable................................................................        --          2
Deferred income tax liability.............................................................     1,301        944
Other liabilities.........................................................................     4,484      3,455
Separate account liabilities..............................................................    99,668     91,511
                                                                                           ---------  ---------
   Total liabilities......................................................................   197,674    179,039
                                                                                           ---------  ---------
Contingencies, Commitments and Guarantees (Note 14)
Equity
Brighthouse Life Insurance Company's stockholder's equity:
Common stock, par value $25,000 per share; 4,000 shares authorized; 3,000 shares issued
 and outstanding..........................................................................        75         75
Additional paid-in capital................................................................    19,073     19,073
Retained earnings (deficit)...............................................................    (3,899)    (3,090)
Accumulated other comprehensive income (loss).............................................     3,215        718
                                                                                           ---------  ---------
   Total Brighthouse Life Insurance Company's stockholder's equity........................    18,464     16,776
Noncontrolling interests..................................................................        15         15
                                                                                           ---------  ---------
   Total equity...........................................................................    18,479     16,791
                                                                                           ---------  ---------
   Total liabilities and equity...........................................................  $216,153   $195,830
                                                                                           =========  =========

       See accompanying notes to the consolidated financial statements.

                                      3

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                     Consolidated Statements of Operations
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                              2019     2018     2017
                                                                                           -------  -------  -------
Revenues
Premiums.................................................................................. $   847   $  869  $   828
Universal life and investment-type product policy fees....................................   2,982    3,190    3,156
Net investment income.....................................................................   3,486    3,235    2,973
Other revenues............................................................................     266      287      336
Net investment gains (losses).............................................................      92     (204)     (27)
Net derivative gains (losses).............................................................  (2,046)     745   (1,468)
                                                                                           -------  -------  -------
 Total revenues...........................................................................   5,627    8,122    5,798
                                                                                           -------  -------  -------
Expenses
Policyholder benefits and claims..........................................................   3,538    3,180    3,594
Interest credited to policyholder account balances........................................   1,031    1,047    1,076
Amortization of deferred policy acquisition costs and value of business acquired..........     395    1,011      916
Other expenses............................................................................   1,809    1,763    1,833
                                                                                           -------  -------  -------
 Total expenses...........................................................................   6,773    7,001    7,419
                                                                                           -------  -------  -------
Income (loss) before provision for income tax.............................................  (1,146)   1,121   (1,621)
Provision for income tax expense (benefit)................................................    (338)     153     (738)
                                                                                           -------  -------  -------
 Net income (loss)........................................................................    (808)     968     (883)
Less: Net income (loss) attributable to noncontrolling interests..........................       1        1       --
                                                                                           -------  -------  -------
 Net income (loss) attributable to Brighthouse Life Insurance Company..................... $  (809)  $  967  $  (883)
                                                                                           =======  =======  =======

       See accompanying notes to the consolidated financial statements.

                                      4

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

            Consolidated Statements of Comprehensive Income (Loss)
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                                   2019     2018     2017
                                                                                                -------  -------  -------
Net income (loss)..............................................................................  $ (808) $   968    $(883)
Other comprehensive income (loss):
Unrealized investment gains (losses), net of related offsets...................................   3,167   (1,355)     590
Unrealized gains (losses) on derivatives.......................................................     (21)      22     (166)
Foreign currency translation adjustments.......................................................      12       (4)       9
                                                                                                -------  -------  -------
 Other comprehensive income (loss), before income tax..........................................   3,158   (1,337)     433
Income tax (expense) benefit related to items of other comprehensive income (loss).............    (661)     297      156
                                                                                                -------  -------  -------
 Other comprehensive income (loss), net of income tax..........................................   2,497   (1,040)     589
                                                                                                -------  -------  -------
 Comprehensive income (loss)...................................................................   1,689      (72)    (294)
Less: Comprehensive income (loss) attributable to noncontrolling interests, net of income tax..       1        1       --
                                                                                                -------  -------  -------
 Comprehensive income (loss) attributable to Brighthouse Life Insurance Company................  $1,688  $   (73)   $(294)
                                                                                                =======  =======  =======

       See accompanying notes to the consolidated financial statements.

                                      5

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                       Consolidated Statements of Equity
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                        Brighthouse
                                                                         Accumulated   Life Insurance
                                                Additional   Retained       Other        Company's
                                       Common   Paid-in       Earnings  Comprehensive  Stockholder's   Noncontrolling   Total
                                       Stock    Capital     (Deficit)   Income (Loss)      Equity        Interests       Equity
                                     -------- ------------  ----------  -------------  --------------  --------------  --------
Balance at December 31, 2016........      $75      $18,461     $(2,919)       $ 1,248         $16,865             $--   $16,865
Sale of operating joint venture
 interest to former affiliate.......                   202                                        202                       202
Return of capital...................                (2,737)                                    (2,737)                   (2,737)
Capital contributions...............                 3,147                                      3,147                     3,147
Change in noncontrolling interests..                                                               --              15        15
Net income (loss)...................                              (883)                          (883)                     (883)
Effect of change in accounting
 principle..........................                              (330)           330              --                        --
Other comprehensive income (loss),
 net of income tax..................                                              259             259                       259
                                     -------- ------------  ----------  -------------  --------------  --------------  --------
Balance at December 31, 2017........       75       19,073      (4,132)         1,837          16,853              15    16,868
Cumulative effect of change in
 accounting principle and other,
 net of income tax..................                                75            (79)             (4)                       (4)
                                     -------- ------------  ----------  -------------  --------------  --------------  --------
Balance at January 1, 2018..........       75       19,073      (4,057)         1,758          16,849              15    16,864
Change in noncontrolling interests..                                                               --              (1)       (1)
Net income (loss)...................                               967                            967               1       968
Other comprehensive income (loss),
 net of income tax..................                                           (1,040)         (1,040)                   (1,040)
                                     -------- ------------  ----------  -------------  --------------  --------------  --------
Balance at December 31, 2018........       75       19,073      (3,090)           718          16,776              15    16,791
Change in noncontrolling interests..                                                               --              (1)       (1)
Net income (loss)...................                              (809)                          (809)              1      (808)
Other comprehensive income (loss),
 net of income tax..................                                            2,497           2,497                     2,497
                                     -------- ------------  ----------  -------------  --------------  --------------  --------
Balance at December 31, 2019........      $75      $19,073     $(3,899)       $ 3,215         $18,464             $15   $18,479
                                     ======== ============  ==========  =============  ==============  ==============  ========

       See accompanying notes to the consolidated financial statements.

                                      6

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                     Consolidated Statements of Cash Flows
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                                  2019       2018       2017
                                                                                             ---------  ---------  ---------
Cash flows from operating activities
Net income (loss)...........................................................................  $   (808)  $    968   $   (883)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating
 activities:
 Amortization of premiums and accretion of discounts associated with investments, net.......      (275)      (259)      (271)
 (Gains) losses on investments, net.........................................................       (92)       204         27
 (Gains) losses on derivatives, net.........................................................     2,592       (102)     3,084
 (Income) loss from equity method investments, net of dividends and distributions...........        70        (66)       (50)
 Interest credited to policyholder account balances.........................................     1,031      1,047      1,076
 Universal life and investment-type product policy fees.....................................    (2,982)    (3,190)    (3,156)
 Change in accrued investment income........................................................        85       (177)       (80)
 Change in premiums, reinsurance and other receivables......................................      (739)      (224)        55
 Change in deferred policy acquisition costs and value of business acquired, net............        25        689        660
 Change in income tax.......................................................................      (326)     1,111         --
 Change in other assets.....................................................................     1,947      2,077      2,201
 Change in future policy benefits and other policy-related balances.........................     1,696      1,386      1,522
 Change in other liabilities................................................................        63         94       (314)
 Other, net.................................................................................        51         63         75
                                                                                             ---------  ---------  ---------
Net cash provided by (used in) operating activities.........................................     2,338      3,621      3,946
                                                                                             ---------  ---------  ---------
Cash flows from investing activities
Sales, maturities and repayments of:
 Fixed maturity securities..................................................................    13,358     15,621     16,409
 Equity securities..........................................................................        57         22         97
 Mortgage loans.............................................................................     1,528        793        761
 Limited partnerships and limited liability companies.......................................       302        274        339
Purchases of:
 Fixed maturity securities..................................................................   (16,406)   (16,427)   (17,811)
 Equity securities..........................................................................       (22)        (2)        (2)
 Mortgage loans.............................................................................    (3,609)    (3,890)    (2,044)
 Limited partnerships and limited liability companies.......................................      (463)      (358)      (531)
Cash received in connection with freestanding derivatives...................................     2,040      1,802      1,859
Cash paid in connection with freestanding derivatives.......................................    (2,638)    (2,938)    (3,829)
Issuance of loan to affiliate...............................................................        --         (2)        --
Sale of operating joint venture interest to a former affiliate..............................        --         --         42
Net change in policy loans..................................................................       126        105        (14)
Net change in short-term investments........................................................    (1,470)       269      1,057
Net change in other invested assets.........................................................        36        (17)       (16)
                                                                                             ---------  ---------  ---------
Net cash provided by (used in) investing activities.........................................  $ (7,161)  $ (4,748)  $ (3,683)
                                                                                             ---------  ---------  ---------

       See accompanying notes to the consolidated financial statements.

                                      7

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

               Consolidated Statements of Cash Flows (continued)
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                    2019     2018     2017
                                                                                 -------  -------  -------
Cash flows from financing activities
Policyholder account balances:
 Deposits....................................................................... $ 7,111  $ 5,899  $ 4,381
 Withdrawals....................................................................  (2,773)  (3,400)  (3,114)
Net change in payables for collateral under securities loaned and other
 transactions...................................................................    (673)     889   (3,139)
Long-term debt issued...........................................................     412      228       --
Long-term debt repaid...........................................................      (2)      (9)     (13)
Return of capital...............................................................      --       --   (3,425)
Capital contribution............................................................      --       --    1,300
Capital contribution associated with the sale of operating joint venture
 interest to a former affiliate.................................................      --       --      202
Financing element on certain derivative instruments and other derivative
 related transactions, net......................................................    (203)    (303)    (149)
Other, net......................................................................     (50)     (46)      --
                                                                                 -------  -------  -------
Net cash provided by (used in) financing activities.............................   3,822    3,258   (3,957)
                                                                                 -------  -------  -------
Change in cash, cash equivalents and restricted cash............................  (1,001)   2,131   (3,694)
Cash, cash equivalents and restricted cash, beginning of year...................   3,494    1,363    5,057
                                                                                 -------  -------  -------
Cash, cash equivalents and restricted cash, end of year......................... $ 2,493  $ 3,494  $ 1,363
                                                                                 =======  =======  =======
Supplemental disclosures of cash flow information
Net cash paid (received) for:
 Interest....................................................................... $    30  $     3  $    81
                                                                                 =======  =======  =======
 Income tax..................................................................... $     3  $  (891) $  (684)
                                                                                 =======  =======  =======
Non-cash transactions:
 Transfer of fixed maturity securities to former affiliate...................... $    --  $    --  $   293
                                                                                 =======  =======  =======
 Reduction of policyholder account balances in connection with reinsurance
   transactions................................................................. $    --  $    --  $   293
                                                                                 =======  =======  =======

       See accompanying notes to the consolidated financial statements.

                                      8

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                Notes to the Consolidated Financial Statements

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies

Business

   "BLIC" and the "Company" refer to Brighthouse Life Insurance Company, a
Delaware corporation originally incorporated in Connecticut in 1863, and its
subsidiaries. Brighthouse Life Insurance Company is a wholly-owned subsidiary
of Brighthouse Holdings, LLC ("BH Holdings"), which is a direct wholly-owned
subsidiary of Brighthouse Financial, Inc. ("BHF" together with its subsidiaries
and affiliates, "Brighthouse Financial").

   BLIC offers a range of individual annuities and individual life insurance
products. The Company is organized into three segments: Annuities; Life; and
Run-off. In addition, the Company reports certain of its results of operations
in Corporate & Other.

   In 2016, MetLife, Inc. (together with its subsidiaries and affiliates,
"MetLife") announced its plan to pursue the separation of a substantial portion
of its former U.S. retail business (the "Separation"). In connection with the
Separation, 80.8% of MetLife, Inc.'s interest in BHF was distributed to holders
of MetLife, Inc.'s common stock. On June 14, 2018, MetLife, Inc. divested its
remaining shares of BHF common stock (the "MetLife Divestiture"). As a result,
MetLife, Inc. and its subsidiaries and affiliates are no longer considered
related parties subsequent to the MetLife Divestiture.

Basis of Presentation

   The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America ("GAAP") requires
management to adopt accounting policies and make estimates and assumptions that
affect amounts reported on the consolidated financial statements. In applying
these policies and estimates, management makes subjective and complex judgments
that frequently require assumptions about matters that are inherently
uncertain. Many of these policies, estimates and related judgments are common
in the insurance and financial services industries; others are specific to the
Company's business and operations. Actual results could differ from these
estimates.

  Consolidation

     The accompanying consolidated financial statements include the accounts of
  Brighthouse Life Insurance Company and its subsidiaries, as well as
  partnerships and limited liability companies ("LLCs") in which the Company
  has control. Intercompany accounts and transactions have been eliminated.

     The Company uses the equity method of accounting for investments in
  limited partnerships and LLCs when it has more than a minor ownership
  interest or more than a minor influence over the investee's operations. The
  Company generally recognizes its share of the investee's earnings on a
  three-month lag in instances where the investee's financial information is
  not sufficiently timely or when the investee's reporting period differs from
  the Company's reporting period. When the Company has virtually no influence
  over the investee's operations, the investment is carried at fair value.

  Reclassifications

     Certain amounts in the prior years' consolidated financial statements and
  related footnotes thereto have been reclassified to conform with the current
  year presentation as may be discussed when applicable in the Notes to the
  Consolidated Financial Statements.

     Since the Company is a member of a controlled group of affiliated
  companies, its results may not be indicative of those of a stand-alone entity.

Summary of Significant Accounting Policies

  Insurance

   Future Policy Benefit Liabilities and Policyholder Account Balances

      The Company establishes liabilities for future amounts payable under
   insurance policies. Insurance liabilities are generally equal to the present
   value of future expected benefits to be paid, reduced by the present value
   of future expected net premiums. Assumptions used to measure the liability
   are based on the Company's experience and include a margin for adverse
   deviation. The principal assumptions used in the establishment of
   liabilities for future policy benefits are mortality, morbidity, benefit
   utilization and withdrawals, policy lapse, retirement, disability incidence,
   disability terminations, investment returns, and expenses as appropriate to
   the respective product type.

                                      9

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


      For traditional long-duration insurance contracts (term, whole life
   insurance and income annuities), assumptions are determined at issuance of
   the policy and are not updated unless a premium deficiency exists. A premium
   deficiency exists when the liability for future policy benefits plus the
   present value of expected future gross premiums are less than expected
   future benefits and expenses (based on current assumptions). When a premium
   deficiency exists, the Company will reduce any deferred acquisition costs
   and may also establish an additional liability to eliminate the deficiency.
   To assess whether a premium deficiency exists, the Company groups insurance
   contracts based on the manner acquired, serviced and measured for
   profitability. In applying the profitability criteria, groupings are limited
   by segment.

      In certain cases, the liability for an insurance product may be
   sufficient in the aggregate, but the pattern of future earnings may result
   in profits followed by losses. In these situations, the Company may
   establish an additional liability to offset the losses that are expected to
   be recognized in later years.

      Policyholder account balances relate to customer deposits on universal
   life insurance and deferred annuity contracts and are equal to the sum of
   deposits, plus interest credited, less charges and withdrawals.

      Liabilities for secondary guarantees on universal and variable life
   insurance contracts are determined by estimating the expected value of death
   benefits payable when the account balance is projected to be zero and
   recognizing those benefits ratably over the contract period based on total
   expected assessments. The Company also maintains a liability for profits
   followed by losses on universal life insurance with secondary guarantees.
   The assumptions used in estimating the secondary guarantee liabilities are
   consistent with those used for amortizing deferred policy acquisition
   costs ("DAC") and are reviewed and updated at least annually. The
   assumptions of investment performance and volatility for variable products
   are consistent with historical experience of the appropriate underlying
   separate account funds. The benefits used in calculating the liabilities are
   based on the average benefits payable over a range of scenarios.

   Recognition of Insurance Revenues and Deposits

      Premiums related to traditional life insurance and annuity contracts are
   recognized as revenues when due from policyholders. When premiums for income
   annuities are due over a significantly shorter period than the period over
   which policyholder benefits are incurred, any excess profit is deferred and
   recognized into earnings in proportion to the amount of expected future
   benefit payments.

      Deposits related to universal life insurance, deferred annuity contracts
   and investment contracts are credited to policyholder account balances.
   Revenues from such contracts consist of asset-based investment management
   fees, cost of insurance charges, risk charges, policy administration fees
   and surrender charges. These fees, which are included in universal life and
   investment-type product policy fees, are recognized when assessed to the
   contract holder, except for non-level insurance charges which are deferred
   and amortized over the life of the contracts.

      Premiums, policy fees, policyholder benefits and expenses are presented
   net of reinsurance.

  Deferred Policy Acquisition Costs, Value of Business Acquired and Other
  Intangibles

     The Company incurs significant costs in connection with acquiring new and
  renewal insurance business. Costs that are related directly to the successful
  acquisition or renewal of insurance contracts are capitalized as DAC. These
  costs mainly consist of commissions and include the portion of employees'
  compensation and benefits related to time spent selling, underwriting or
  processing the issuance of new insurance contracts. All other
  acquisition-related costs are expensed as incurred.

     Value of business acquired ("VOBA") is an intangible asset resulting from
  a business combination that represents the excess of book value over the
  estimated fair value of acquired insurance, annuity and investment-type
  contracts in-force as of the acquisition date. The estimated fair value of
  the acquired contracts is based on projections, by each block of business, of
  future policy and contract charges, premiums, mortality and morbidity,
  separate account performance, surrenders, operating expenses, investment
  returns, nonperformance risk adjustment and other factors.

     The Company amortizes DAC and VOBA related to term life insurance,
  non-participating whole life and immediate annuities over the appropriate
  premium paying period in proportion to the actual and expected future gross
  premiums that were set at contract issue. The expected premiums are based
  upon the premium requirement of each policy and assumptions for mortality,
  persistency and investment returns at policy issuance, or policy acquisition
  (as it relates to VOBA), include provisions for adverse deviation, and are
  consistent with the assumptions used to calculate future policy benefit
  liabilities. These assumptions are not revised after policy issuance or
  acquisition unless the DAC or VOBA balance is deemed to be unrecoverable from
  future expected profits.

                                      10

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


     The Company amortizes DAC and VOBA on deferred annuities, universal life
  and variable life insurance contracts over the estimated lives of the
  contracts in proportion to actual and expected future gross profits. The
  amortization includes interest based on rates in effect at inception or
  acquisition of the contracts. The amount of future gross profits is dependent
  principally upon investment returns in excess of the amounts credited to
  policyholders, mortality, persistency, benefit elections and withdrawals,
  interest crediting rates, and expenses to administer the business. When
  significant negative gross profits are expected in future periods, the
  Company substitutes the amount of insurance in-force for expected future
  gross profits as the amortization basis for DAC.

     Assumptions for DAC and VOBA are reviewed at least annually, and if they
  change significantly, the cumulative DAC and VOBA amortization is
  re-estimated and adjusted by a cumulative charge or credit to net income.
  When expected future gross profits are below those previously estimated, the
  DAC and VOBA amortization will increase, resulting in a current period charge
  to net income. The opposite result occurs when the expected future gross
  profits are above the previously estimated expected future gross profits.

     The Company updates expected future gross profits to reflect the actual
  gross profits for each period, including changes to its nonperformance risk
  related to embedded derivatives and the actual amount of business remaining
  in-force. When actual gross profits exceed those previously estimated, the
  DAC and VOBA amortization will increase, resulting in a current period charge
  to net income. The opposite result occurs when the actual gross profits are
  below the previously expected future gross profits.

     DAC and VOBA balances on deferred annuities, universal and variable life
  insurance contracts are also adjusted to reflect the effect of investment
  gains and losses and certain embedded derivatives (including changes in
  nonperformance risk). These adjustments can create fluctuations in net income
  from period to period. Changes in DAC and VOBA balances related to unrealized
  gains and losses are recorded to other comprehensive income (loss) ("OCI").

     DAC and VOBA balances and amortization for variable contracts can be
  significantly impacted by changes in expected future gross profits related to
  projected separate account rates of return. The Company's practice of
  determining changes in separate account returns assumes that long-term
  appreciation in equity markets is only changed when sustained interim
  deviations are expected. The Company monitors these events and only changes
  the assumption when its long-term expectation changes.

     Periodically, the Company modifies product benefits, features, rights or
  coverages that occur by the exchange of an existing contract for a new
  contract, or by amendment, endorsement, or rider to a contract, or by
  election or coverage within a contract. If a modification is considered to
  have substantially changed the contract, the associated DAC or VOBA is
  written off immediately as net income and any new acquisition costs
  associated with the replacement contract are deferred. If the modification
  does not substantially change the contract, the DAC or VOBA amortization on
  the original contract will continue and any acquisition costs associated with
  the related modification are expensed.

     The Company also has intangible assets representing deferred sales
  inducements ("DSI") and the value of distribution agreements ("VODA") which
  are included in other assets. The Company defers sales inducements and
  amortizes them over the life of the policy using the same methodology and
  assumptions used to amortize DAC. The amortization of DSI is included in
  policyholder benefits and claims. VODA represents the present value of
  expected future profits associated with the expected future business derived
  from the distribution agreements acquired as part of a business combination.
  The VODA associated with past business combinations is amortized over useful
  lives ranging from 10 to 40 years and such amortization is included in other
  expenses. Each year, or more frequently if circumstances indicate a possible
  impairment exists, the Company reviews DSI and VODA to determine whether the
  assets are impaired.

  Reinsurance

     The Company enters into reinsurance arrangements pursuant to which it
  cedes certain insurance risks to unaffiliated and former related party
  reinsurers. Cessions under reinsurance agreements do not discharge the
  Company's obligations as the primary insurer. The accounting for reinsurance
  arrangements depends on whether the arrangement provides indemnification
  against loss or liability relating to insurance risk in accordance with GAAP.

     For ceded reinsurance of existing in-force blocks of insurance contracts
  that transfer significant insurance risk, premiums, benefits and the
  amortization of DAC are reported net of reinsurance ceded. Amounts
  recoverable from reinsurers related to incurred claims and ceded reserves are
  included in premiums, reinsurance and other receivables and amounts payable
  to reinsurers included in other liabilities.

                                      11

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


     If the Company determines that a reinsurance agreement does not expose the
  reinsurer to a reasonable possibility of a significant loss from insurance
  risk, the Company records the agreement using the deposit method of
  accounting. Deposits received are included in other liabilities and deposits
  made are included within premiums, reinsurance and other receivables. As
  amounts are paid or received, consistent with the underlying contracts, the
  deposit assets or liabilities are adjusted. Interest on such deposits is
  recorded as other revenues or other expenses, as appropriate.

     The funds withheld liability represents amounts withheld by the Company in
  accordance with the terms of the reinsurance agreements. Under certain
  reinsurance agreements, the Company withholds the funds rather than
  transferring the underlying investments and, as a result, records a funds
  withheld liability within other liabilities. The Company recognizes interest
  on funds withheld, included in other expenses, at rates defined by the terms
  of the agreement which may be contractually specified or directly related to
  the investment portfolio. Certain funds withheld arrangements may also
  contain embedded derivatives measured at fair value that are related to the
  investment return on the assets withheld.

     The Company accounts for assumed reinsurance similar to directly written
  business, except for guaranteed minimum income benefits ("GMIBs"), where a
  portion of the directly written GMIBs are accounted for as insurance
  liabilities, but the associated reinsurance agreements contain embedded
  derivatives.

  Variable Annuity Guarantees

     The Company issues certain variable annuity products with guaranteed
  minimum benefits that provide the policyholder a minimum return based on
  their initial deposit (the "Benefit Base") less withdrawals. In some cases,
  the Benefit Base may be increased by additional deposits, bonus amounts,
  accruals or optional market value step-ups.

     Certain of the Company's variable annuity guarantee features are accounted
  for as insurance liabilities and recorded in future policy benefits while
  others are accounted for at fair value as embedded derivatives and recorded
  in policyholder account balances. Generally, a guarantee is accounted for as
  an insurance liability if the guarantee is paid only upon either the
  occurrence of a specific insurable event, or annuitization. Alternatively, a
  guarantee is accounted for as an embedded derivative if a guarantee is paid
  without requiring the occurrence of specific insurable event, or the
  policyholder to annuitize, that is, the policyholder can receive the
  guarantee on a net basis. In certain cases, a guarantee may have elements of
  both an insurance liability and an embedded derivative and in such cases the
  guarantee is split and accounted for under both models. Further, changes in
  assumptions, principally involving policyholder behavior, can result in a
  change of expected future cash outflows of a guarantee between portions
  accounted for as insurance liabilities and portions accounted for as embedded
  derivatives.

     Guarantees accounted for as insurance liabilities in future policy
  benefits include guaranteed minimum death benefits ("GMDBs"), the life
  contingent portion of the guaranteed minimum withdrawal benefits ("GMWBs")
  and the portion of the GMIBs that require annuitization, as well as the life
  contingent portion of the expected annuitization when the policyholder is
  forced into an annuitization upon depletion of their account value.

     These insurance liabilities are accrued over the accumulation phase of the
  contract in proportion to actual and future expected policy assessments based
  on the level of guaranteed minimum benefits generated using multiple
  scenarios of separate account returns. The scenarios are based on best
  estimate assumptions consistent with those used to amortize DAC. When current
  estimates of future benefits exceed those previously projected or when
  current estimates of future assessments are lower than those previously
  projected, liabilities will increase, resulting in a current period charge to
  net income. The opposite result occurs when the current estimates of future
  benefits are lower than those previously projected or when current estimates
  of future assessments exceed those previously projected. At each reporting
  period, the actual amount of business remaining in-force is updated, which
  impacts expected future assessments and the projection of estimated future
  benefits resulting in a current period charge or increase to earnings.

     Guarantees accounted for as embedded derivatives in policyholder account
  balances include the non-life contingent portion of GMWBs, guaranteed minimum
  accumulation benefits ("GMABs"), and for GMIBs the non-life contingent
  portion of the expected annuitization when the policyholder is forced into an
  annuitization upon depletion of their account value, as well as the
  guaranteed principal option.

                                      12

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


     The estimated fair values of guarantees accounted for as embedded
  derivatives are determined based on the present value of projected future
  benefits minus the present value of projected future fees. At policy
  inception, the Company attributes to the embedded derivative a portion of the
  projected future guarantee fees to be collected from the policyholder equal
  to the present value of projected future guaranteed benefits. Any additional
  fees are considered revenue and are reported in universal life and
  investment-type product policy fees. The percentage of fees included in the
  initial fair value measurement is not updated in subsequent periods.

     The Company updates the estimated fair value of guarantees in subsequent
  periods by projecting future benefits using capital market and actuarial
  assumptions including expectations of policyholder behavior. A risk neutral
  valuation methodology is used to project the cash flows from the guarantees
  under multiple capital market scenarios to determine an economic liability.
  The reported estimated fair value is then determined by taking the present
  value of these risk-free generated cash flows using a discount rate that
  incorporates a spread over the risk-free rate to reflect the Company's
  nonperformance risk and adding a risk margin. For more information on the
  determination of estimated fair value of embedded derivatives, see Note 9.

     Assumptions for all variable guarantees are reviewed at least annually,
  and if they change significantly, the estimated fair value is adjusted by a
  cumulative charge or credit to net income.

  Index-linked Annuities

     The Company issues and assumes through reinsurance index-linked annuities.
  The crediting rate associated with index-linked annuities is accounted for at
  fair value as an embedded derivative. The estimated fair value is determined
  using a combination of an option pricing model and an option-budget approach.
  Under this approach, the company estimates the cost of funding the crediting
  rate using option pricing and establishes that cost on the balance sheet as a
  reduction to the initial deposit amount. In subsequent periods, the embedded
  derivative is remeasured at fair value while the reduction in initial deposit
  is accreted back up to the initial deposit over the estimated life of the
  contract.

  Investments

   Net Investment Income and Net Investment Gains (Losses)

      Income from investments is reported within net investment income, unless
   otherwise stated herein. Gains and losses on sales of investments,
   impairment losses and changes in valuation allowances are reported within
   net investment gains (losses), unless otherwise stated herein.

   Fixed Maturity Securities Available-For-Sale

      The Company's fixed maturity securities are classified as
   available-for-sale ("AFS") and are reported at their estimated fair value.
   Unrealized investment gains and losses on these securities are recorded as a
   separate component of OCI, net of policy-related amounts and deferred income
   taxes. Publicly-traded security transactions are recorded on a trade date
   basis, while privately-placed and bank loan security transactions are
   recorded on a settlement date basis. Investment gains and losses on sales
   are determined on a specific identification basis.

      Interest income and prepayment fees are recognized when earned. Interest
   income is recognized using an effective yield method giving effect to
   amortization of premiums and accretion of discounts and is based on the
   estimated economic life of the securities, which for residential
   mortgage-backed securities ("RMBS"), commercial mortgage-backed securities
   ("CMBS") and asset-backed securities ("ABS") (collectively, "Structured
   Securities") considers the estimated timing and amount of prepayments of the
   underlying loans. The amortization of premium and accretion of discount of
   fixed maturity securities also takes into consideration call and maturity
   dates.

      Amortization of premium and accretion of discount on Structured
   Securities considers the estimated timing and amount of prepayments of the
   underlying loans. Actual prepayment experience is periodically reviewed, and
   effective yields are recalculated when differences arise between the
   originally anticipated and the actual prepayments received and currently
   anticipated. Prepayment assumptions for Structured Securities are estimated
   using inputs obtained from third-party specialists and based on management's
   knowledge of the current market. For credit-sensitive Structured Securities
   and certain prepayment-sensitive securities, the effective yield is
   recalculated on a prospective basis. For all other Structured Securities,
   the effective yield is recalculated on a retrospective basis.

                                      13

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


      The Company periodically evaluates fixed maturity securities for
   impairment. The assessment of whether impairments have occurred is based on
   management's case-by-case evaluation of the underlying reasons for the
   decline in estimated fair value, as well as an analysis of the gross
   unrealized losses by severity and/or age.

      For fixed maturity securities in an unrealized loss position, an
   other-than-temporary impairment ("OTTI") is recognized in earnings when it
   is anticipated that the amortized cost will not be recovered. When either:
   (i) the Company has the intent to sell the security; or (ii) it is more
   likely than not that the Company will be required to sell the security
   before recovery, the OTTI recognized in earnings is the entire difference
   between the security's amortized cost and estimated fair value. If neither
   of these conditions exists, the difference between the amortized cost of the
   security and the present value of projected future cash flows expected to be
   collected is recognized as an OTTI in earnings ("credit loss"). If the
   estimated fair value is less than the present value of projected future cash
   flows expected to be collected, this portion of OTTI related to
   other-than-credit factors ("noncredit loss") is recorded in OCI.

   Mortgage Loans

      Mortgage loans are stated at unpaid principal balance, adjusted for any
   unamortized premium or discount, and any deferred fees or expenses, and are
   net of valuation allowances. Interest income and prepayment fees are
   recognized when earned. Interest income is recognized using an effective
   yield method giving effect to amortization of premiums and accretion of
   discounts.

   Policy Loans

      Policy loans are stated at unpaid principal balances. Interest income is
   recorded as earned using the contractual interest rate. Generally, accrued
   interest is capitalized on the policy's anniversary date. Any unpaid
   principal and accrued interest is deducted from the cash surrender value or
   the death benefit prior to settlement of the insurance policy.

   Limited Partnerships and LLCs

      The Company uses the equity method of accounting for investments when it
   has more than a minor ownership interest or more than a minor influence over
   the investee's operations; when the Company has virtually no influence over
   the investee's operations the investment is carried at estimated fair value.
   The Company generally recognizes its share of the equity method investee's
   earnings on a three-month lag in instances where the investee's financial
   information is not sufficiently timely or when the investee's reporting
   period differs from the Company's reporting period; while distributions on
   investments carried at estimated fair value are recognized as earned or
   received.

   Short-term Investments

      Short-term investments include securities and other investments with
   remaining maturities of one year or less, but greater than three months, at
   the time of purchase and are stated at estimated fair value or amortized
   cost, which approximates estimated fair value.

   Other Invested Assets

      Other invested assets consist principally of freestanding derivatives
   with positive estimated fair values which are described in "--Derivatives"
   below.

   Securities Lending Program

      Securities lending transactions whereby blocks of securities are loaned
   to third parties, primarily brokerage firms and commercial banks, are
   treated as financing arrangements and the associated liability is recorded
   at the amount of cash received. Income and expenses associated with
   securities lending transactions are reported as investment income and
   investment expense, respectively, within net investment income.

      The Company obtains collateral at the inception of the loan, usually
   cash, in an amount generally equal to 102% of the estimated fair value of
   the securities loaned and maintains it at a level greater than or equal to
   100% for the duration of the loan. The Company monitors the estimated fair
   value of the securities loaned on a daily basis and additional collateral is
   obtained as necessary throughout the duration of the loan. Securities loaned
   under such transactions may be sold or re-pledged by the transferee. The
   Company is liable to return to the counterparties the cash collateral
   received.

                                      14

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


  Derivatives

   Freestanding Derivatives

      Freestanding derivatives are carried on the Company's balance sheet
   either as assets within other invested assets or as liabilities within other
   liabilities at estimated fair value. The Company does not offset the
   estimated fair value amounts recognized for derivatives executed with the
   same counterparty under the same master netting agreement.

      If a derivative is not designated or did not qualify as an accounting
   hedge, changes in the estimated fair value of the derivative are reported in
   net derivative gains (losses).

      The Company generally reports cash received or paid for a derivative in
   the investing activity section of the statement of cash flows except for
   cash flows of certain derivative options with deferred premiums, which are
   reported in the financing activity section of the statement of cash flows.

   Hedge Accounting

      The Company primarily designates derivatives as a hedge of a forecasted
   transaction or a variability of cash flows to be received or paid related to
   a recognized asset or liability (cash flow hedge). When a derivative is
   designated as a cash flow hedge and is determined to be highly effective,
   changes in fair value are recorded in OCI and subsequently reclassified into
   the statement of operations when the Company's earnings are affected by the
   variability in cash flows of the hedged item.

      To qualify for hedge accounting, at the inception of the hedging
   relationship, the Company formally documents its risk management objective
   and strategy for undertaking the hedging transaction, as well as its
   designation of the hedge. In its hedge documentation, the Company sets forth
   how the hedging instrument is expected to hedge the designated risks related
   to the hedged item and sets forth the method that will be used to
   retrospectively and prospectively assess the hedging instrument's
   effectiveness. A derivative designated as a hedging instrument must be
   assessed as being highly effective in offsetting the designated risk of the
   hedged item. Hedge effectiveness is formally assessed at inception and at
   least quarterly throughout the life of the designated hedging relationship.

      The Company discontinues hedge accounting prospectively when: (i) it is
   determined that the derivative is no longer highly effective in offsetting
   changes in the estimated fair value or cash flows of a hedged item; (ii) the
   derivative or hedged item expires, is sold, terminated, or exercised;
   (iii) it is no longer probable that the hedged forecasted transaction will
   occur; or (iv) the derivative is de-designated as a hedging instrument.

      When hedge accounting is discontinued the derivative is carried at its
   estimated fair value on the balance sheet, with changes in its estimated
   fair value recognized in the current period as net derivative
   gains (losses). The changes in estimated fair value of derivatives
   previously recorded in OCI related to discontinued cash flow hedges are
   released into the statement of operations when the Company's earnings are
   affected by the variability in cash flows of the hedged item. When the
   hedged item matures or is sold, or the forecasted transaction is not
   probable of occurring, the Company immediately reclassifies any remaining
   balances in OCI to net derivative gains (losses).

   Embedded Derivatives

      The Company has certain insurance and reinsurance contracts that contain
   embedded derivatives which are required to be separated from their host
   contracts and reported as derivatives. These host contracts include:
   variable annuities with guaranteed minimum benefits, including GMWBs, GMABs
   and certain GMIBs; index-linked annuities that are directly written or
   assumed through reinsurance; and ceded reinsurance of variable annuity
   GMIBs. Embedded derivatives within asset host contracts are presented within
   premiums, reinsurance and other receivables on the consolidated balance
   sheets. Embedded derivatives within liability host contracts are presented
   within policyholder account balances on the consolidated balance sheets.
   Changes in the estimated fair value of the embedded derivative are reported
   in net derivative gains (losses).

      See "-- Variable Annuity Guarantees," "-- Index-Linked Annuities" and "--
   Reinsurance" for additional information on the accounting policies for
   embedded derivatives bifurcated from variable annuity and reinsurance host
   contracts.

                                      15

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


  Fair Value

     Fair value is defined as the price that would be received to sell an asset
  or paid to transfer a liability (an exit price) in the principal or most
  advantageous market for the asset or liability in an orderly transaction
  between market participants on the measurement date. In most cases, the exit
  price and the transaction (or entry) price will be the same at initial
  recognition.

     In determining the estimated fair value of the Company's investments, fair
  values are based on unadjusted quoted prices for identical investments in
  active markets that are readily and regularly obtainable. When such quoted
  prices are not available, fair values are based on quoted prices in markets
  that are not active, quoted prices for similar but not identical investments,
  or other observable inputs. If these inputs are not available, or observable
  inputs are not determinable, unobservable inputs and/or adjustments to
  observable inputs requiring management judgment are used to determine the
  estimated fair value of investments.

  Separate Accounts

     Separate accounts underlying the Company's variable life and annuity
  contracts are reported at fair value. Assets in separate accounts supporting
  the contract liabilities are legally insulated from the Company's general
  account liabilities. Investments in these separate accounts are directed by
  the contract holder and all investment performance, net of contract fees and
  assessments, is passed through to the contract holder. Investment performance
  and the corresponding amounts credited to contract holders of such separate
  accounts are offset within the same line on the statements of operations.

     Separate accounts that do not pass all investment performance to the
  contract holder, including those underlying certain index-linked annuities,
  are combined on a line-by-line basis with the Company's general account
  assets, liabilities, revenues and expenses. The accounting for investments in
  these separate accounts is consistent with the methodologies described herein
  for similar financial instruments held within the general account.

     The Company receives asset-based distribution and service fees from mutual
  funds available to the variable life and annuity contract holders as
  investment options in its separate accounts. These fees are recognized in the
  period in which the related services are performed and are included in other
  revenues in the statement of operations.

  Income Tax

     Income taxes as presented herein attribute current and deferred income
  taxes of MetLife, Inc., for periods up until the Separation, to Brighthouse
  Financial in a manner that is systematic, rational and consistent with the
  asset and liability method prescribed by the Financial Accounting Standards
  Board ("FASB") guidance Accounting Standards Codification 740 -- Income Taxes
  ("ASC 740"). The Company's income tax provision was prepared following the
  modified separate return method. The modified separate return method applies
  ASC 740 to the stand-alone financial statements of each member of the
  consolidated group as if the group member were a separate taxpayer and a
  stand-alone enterprise, after providing benefits for losses. The Company's
  accounting for income taxes represents management's best estimate of various
  events and transactions.

     Deferred tax assets and liabilities resulting from temporary differences
  between the financial reporting and tax bases of assets and liabilities are
  measured at the balance sheet date using enacted tax rates expected to apply
  to taxable income in the years the temporary differences are expected to
  reverse.

     The realization of deferred tax assets depends upon the existence of
  sufficient taxable income within the carryback or carryforward periods under
  the tax law in the applicable tax jurisdiction. Valuation allowances are
  established when management determines, based on available information, that
  it is more likely than not that deferred income tax assets will not be
  realized. Significant judgment is required in determining whether valuation
  allowances should be established, as well as the amount of such allowances.
  When making such determination, the Company considers many factors, including
  the jurisdiction in which the deferred tax asset was generated, the length of
  time that carryforward can be utilized in the various taxing jurisdictions,
  future taxable income exclusive of reversing temporary differences and
  carryforwards, future reversals of existing taxable temporary differences,
  taxable income in prior carryback years, tax planning strategies and the
  nature, frequency, and amount of cumulative financial reporting income and
  losses in recent years.

     The Company may be required to change its provision for income taxes when
  estimates used in determining valuation allowances on deferred tax assets
  significantly change or when receipt of new information indicates the need
  for adjustment in valuation allowances. Additionally, the effect of changes
  in tax laws, tax regulations, or interpretations of such laws or regulations,
  is recognized in net income tax expense (benefit) in the period of change.

                                      16

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


     The Company determines whether it is more likely than not that a tax
  position will be sustained upon examination by the appropriate taxing
  authorities before any part of the benefit can be recorded on the financial
  statements. A tax position is measured at the largest amount of benefit that
  is greater than 50% likely of being realized upon settlement. Unrecognized
  tax benefits due to tax uncertainties that do not meet the threshold are
  included within other liabilities and are charged to earnings in the period
  that such determination is made.

     The Company classifies interest recognized as interest expense and
  penalties recognized as a component of income tax expense.

  Litigation Contingencies

     The Company is a party to a number of legal actions and may be involved in
  a number of regulatory investigations. Given the inherent unpredictability of
  these matters, it is difficult to estimate the impact on the Company's
  financial position. Liabilities are established when it is probable that a
  loss has been incurred and the amount of the loss can be reasonably
  estimated. Legal costs are recognized as incurred. On a quarterly and annual
  basis, the Company reviews relevant information with respect to liabilities
  for litigation, regulatory investigations and litigation-related
  contingencies to be reflected on the Company's financial statements.

  Other Accounting Policies

   Cash and Cash Equivalents

      The Company considers all highly liquid securities and other investments
   purchased with an original or remaining maturity of three months or less at
   the date of purchase to be cash equivalents. Cash equivalents are stated at
   estimated fair value or amortized cost, which approximates estimated fair
   value.

   Employee Benefit Plans

      Brighthouse Services, LLC ("Brighthouse Services"), an affiliate,
   sponsors qualified and non-qualified defined contribution plans, and New
   England Life Insurance Company ("NELICO"), an affiliate, sponsors certain
   frozen defined benefit pension and postretirement plans. Within its
   consolidated statement of operations, the Company has included expenses
   associated with its participants in these plans.

Adoption of New Accounting Pronouncements

   Changes to GAAP are established by the FASB in the form of accounting
standards updates ("ASUs") to the FASB Accounting Standards Codification. The
Company considers the applicability and impact of all ASUs. ASUs not listed
below were assessed and determined to be either not applicable or are not
expected to have a material impact on the Company's consolidated financial
statements. There were no ASUs adopted during 2019 that had a material impact
on the Company's financial statements.

                                      17

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

1. Business, Basis of Presentation and Summary of Significant Accounting
Policies (continued)


   ASUs issued but not yet adopted as of December 31, 2019 are summarized in
the table below.

Standard                             Description                 Effective Date     Impact on Financial Statements
--------------------------------------------------------------------------------------------------------------------
ASU 2018-12, Financial  The amendments to Topic 944 will       January 1, 2022     The Company is in the early
Services - Insurance    result in significant changes to the                       stages of evaluating the new
(Topic 944): Targeted   accounting for long-duration                               guidance and therefore is
Improvements to the     insurance contracts. These changes                         unable to estimate the impact to
Accounting for Long-    (1) require all guarantees that                            its financial statements. The
Duration Contracts      qualify as market risk benefits to be                      most significant impact is
                        measured at fair value, (2) require                        expected to be the measurement
                        more frequent updating of assumptions                      of liabilities for variable
                        and modify existing discount rate                          annuity guarantees.
                        requirements for certain insurance
                        liabilities, (3) modify the methods
                        of amortization for DAC, and
                        (4) require new qualitative and
                        quantitative disclosures around
                        insurance contract asset and
                        liability balances and the judgments,
                        assumptions and methods used to
                        measure those balances. The market
                        risk benefit guidance is required to
                        be applied on a retrospective basis,
                        while the changes to guidance for
                        insurance liabilities and DAC may be
                        applied to existing carrying amounts
                        on the effective date or on a
                        retrospective basis.
--------------------------------------------------------------------------------------------------------------------
ASU 2016-13, Financial  The amendments to Topic 326 replace    January 1, 2020     The adoption of this new
Instruments - Credit    the incurred loss impairment           using the modified  guidance will not have a
Losses (Topic 326):     methodology for certain financial      retrospective       material impact on the
Measurement of Credit   instruments with one that reflects     method (with        Company's financial
Losses on Financial     expected credit losses based on        early adoption      statements.
Instruments             historical loss information, current   permitted
                        conditions, and reasonable and         beginning
                        supportable forecasts. The new         January 1, 2019)
                        guidance also requires that an OTTI
                        on a debt security will be recognized
                        as an allowance going forward, such
                        that improvements in expected future
                        cash flows after an impairment will
                        no longer be reflected as a
                        prospective yield adjustment through
                        net investment income, but rather a
                        reversal of the previous impairment
                        and recognized through realized
                        investment gains and losses.
--------------------------------------------------------------------------------------------------------------------

2. Segment Information

   The Company is organized into three segments: Annuities; Life; and Run-off.
In addition, the Company reports certain of its results of operations in
Corporate & Other.

  Annuities

     The Annuities segment consists of a variety of variable, fixed,
  index-linked and income annuities designed to address contract holders' needs
  for protected wealth accumulation on a tax-deferred basis, wealth transfer
  and income security.

  Life

     The Life segment consists of insurance products and services, including
  term, universal, whole and variable life products designed to address
  policyholders' needs for financial security and protected wealth transfer,
  which may be provided on a tax-advantaged basis.

  Run-off

     The Run-off segment consists of products no longer actively sold and which
  are separately managed, including structured settlements, pension risk
  transfer contracts, certain company-owned life insurance policies, funding
  agreements and universal life with secondary guarantees ("ULSG").

  Corporate & Other

     Corporate & Other contains the excess capital not allocated to the
  segments and interest expense related to the majority of the Company's
  outstanding debt, as well as expenses associated with certain legal
  proceedings and income tax audit issues. Corporate & Other also includes
  long-term care and workers' compensation business reinsured through 100%
  quota share reinsurance agreements and term life insurance sold direct to
  consumers, which is no longer being offered for new sales.

                                      18

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

2. Segment Information (continued)


Financial Measures and Segment Accounting Policies

   Adjusted earnings is a financial measure used by management to evaluate
performance, allocate resources and facilitate comparisons to industry results.
Consistent with GAAP guidance for segment reporting, adjusted earnings is also
used to measure segment performance. The Company believes the presentation of
adjusted earnings, as the Company measures it for management purposes, enhances
the understanding of its performance by highlighting the results of operations
and the underlying profitability drivers of the business. Adjusted earnings
should not be viewed as a substitute for net income (loss) attributable to
Brighthouse Life Insurance Company and excludes net income (loss) attributable
to noncontrolling interests.

   Adjusted earnings, which may be positive or negative, focuses on the
Company's primary businesses principally by excluding the impact of market
volatility, which could distort trends.

   The following are significant items excluded from total revenues, net of
income tax, in calculating adjusted earnings:

   .   Net investment gains (losses);

   .   Net derivative gains (losses) except earned income on derivatives and
       amortization of premium on derivatives that are hedges of investments or
       that are used to replicate certain investments, but do not qualify for
       hedge accounting treatment; and

   .   Certain variable annuity GMIB fees ("GMIB Fees") and amortization of
       unearned revenue related to net investment gains (losses) and net
       derivative gains (losses).

   The following are significant items excluded from total expenses, net of
income tax, in calculating adjusted earnings:

   .   Amounts associated with benefits related to GMIBs ("GMIB Costs");

   .   Amounts associated with periodic crediting rate adjustments based on the
       total return of a contractually referenced pool of assets and market
       value adjustments associated with surrenders or terminations of
       contracts ("Market Value Adjustments"); and

   .   Amortization of DAC and VOBA related to: (i) net investment gains
       (losses), (ii) net derivative gains (losses), (iii) GMIB Fees and GMIB
       Costs and (iv) Market Value Adjustments.

   The tax impact of the adjustments mentioned above is calculated net of the
statutory tax rate, which could differ from the Company's effective tax rate.

   The segment accounting policies are the same as those used to prepare the
Company's consolidated financial statements, except for the adjustments to
calculate adjusted earnings described above. In addition, segment accounting
policies include the methods of capital allocation described below.

   Segment investment and capitalization targets are based on statutory
oriented risk principles and metrics. Segment invested assets backing
liabilities are based on net statutory liabilities plus excess capital. For the
variable annuity business, the excess capital held is based on the target
statutory total asset requirement consistent with the Company's variable
annuity risk management strategy. For insurance businesses other than variable
annuities, excess capital held is based on a percentage of required statutory
risk-based capital ("RBC"). Assets in excess of those allocated to the
segments, if any, are held in Corporate & Other. Segment net investment income
reflects the performance of each segment's respective invested assets.

                                      19

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

2. Segment Information (continued)


   Set forth in the tables below are the operating results with respect to the
Company's segments, as well as Corporate & Other, for the years ended
December 31, 2019, 2018 and 2017 and at December 31, 2019 and 2018.

                                                                                            Operating Results
                                                                         -------------------------------------------------------
                                                                                                           Corporate
 Year Ended December 31, 2019                                            Annuities    Life      Run-off     & Other        Total
-----------------------------------------------------------------------  ---------- --------- ----------  ----------  ----------
                                                                                              (In millions)
Pre-tax adjusted earnings............................................... $    1,233 $     239 $     (580) $     (234) $      658
Provision for income tax expense (benefit)..............................        230        49       (126)       (112)         41
                                                                         ---------- --------- ----------  ----------  ----------
Post-tax adjusted earnings..............................................      1,003       190       (454)       (122)        617
Less: Net income (loss) attributable to noncontrolling interests........         --        --         --           1           1
                                                                         ---------- --------- ----------  ----------  ----------
 Adjusted earnings...................................................... $    1,003 $     190 $     (454) $     (123)        616
                                                                         ========== ========= ==========  ==========
Adjustments for:
Net investment gains (losses)...........................................                                                      92
Net derivative gains (losses)...........................................                                                  (2,046)
Other adjustments to net income (loss)..................................                                                     150
Provision for income tax (expense) benefit..............................                                                     379
                                                                                                                      ----------
Net income (loss) attributable to Brighthouse Life Insurance Company....                                              $     (809)
                                                                                                                      ==========
Interest revenue........................................................ $    1,798 $     376 $    1,265  $       53
Interest expense........................................................ $       -- $      -- $       --  $       60

                                                                                                           Corporate
 Balance at December 31, 2019                                            Annuities    Life      Run-off     & Other     Total
-----------------------------------------------------------------------  ---------- --------- ----------  ----------  ----------
                                                                                              (In millions)
Total assets............................................................ $  152,740 $  16,389 $   35,132  $   11,892  $  216,153
Separate account assets................................................. $   95,524 $   2,043 $    2,101  $       --  $   99,668
Separate account liabilities............................................ $   95,524 $   2,043 $    2,101  $       --  $   99,668

                                      20

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

2. Segment Information (continued)

                                                                                           Operating Results
                                                                       ---------------------------------------------------------
                                                                                                          Corporate
 Year Ended December 31, 2018                                          Annuities     Life      Run-off     & Other        Total
---------------------------------------------------------------------  ---------- ---------  ----------  ----------  -----------
                                                                                             (In millions)
Pre-tax adjusted earnings............................................. $    1,179 $     211  $      (58) $     (229) $     1,103
Provision for income tax expense (benefit)............................        201        43         (14)        (73)         157
                                                                       ---------- ---------  ----------  ----------  -----------
Post-tax adjusted earnings............................................        978       168         (44)       (156)         946
Less: Net income (loss) attributable to noncontrolling interests......         --        --          --           1            1
                                                                       ---------- ---------  ----------  ----------  -----------
 Adjusted earnings.................................................... $      978 $     168  $      (44) $     (157)         945
                                                                       ========== =========  ==========  ==========
Adjustments for:
Net investment gains (losses).........................................                                                      (204)
Net derivative gains (losses).........................................                                                       745
Other adjustments to net income (loss)................................                                                      (523)
Provision for income tax (expense) benefit............................                                                         4
                                                                                                                     -----------
Net income (loss) attributable to Brighthouse Life Insurance Company..                                               $       967
                                                                                                                     ===========
Interest revenue...................................................... $    1,523 $     373  $    1,309  $       44
Interest expense...................................................... $       -- $      --  $       --  $        6

                                                                                                          Corporate
 Balance at December 31, 2018                                          Annuities     Life      Run-off     & Other      Total
---------------------------------------------------------------------  ---------- ---------  ----------  ----------  -----------
                                                                                             (In millions)
Total assets.......................................................... $  137,079 $  14,928  $   32,390  $   11,433  $   195,830
Separate account assets............................................... $   88,138 $   1,732  $    1,641  $       --  $    91,511
Separate account liabilities.......................................... $   88,138 $   1,732  $    1,641  $       --  $    91,511

                                                                                           Operating Results
                                                                       ---------------------------------------------------------
                                                                                                          Corporate
 Year Ended December 31, 2017                                          Annuities     Life      Run-off     & Other      Total
---------------------------------------------------------------------  ---------- ---------  ----------  ----------  -----------
                                                                                             (In millions)
Pre-tax adjusted earnings............................................. $    1,230 $     (68) $     (466) $     (114) $       582
Provision for income tax expense (benefit)............................        323       (30)       (172)        338          459
                                                                       ---------- ---------  ----------  ----------  -----------
Post-tax adjusted earnings............................................        907       (38)       (294)       (452)         123
Less: Net income (loss) attributable to noncontrolling interests......         --        --          --          --           --
                                                                       ---------- ---------  ----------  ----------  -----------
 Adjusted earnings.................................................... $      907 $     (38) $     (294) $     (452)         123
                                                                       ========== =========  ==========  ==========
Adjustments for:
Net investment gains (losses).........................................                                                       (27)
Net derivative gains (losses).........................................                                                    (1,468)
Other adjustments to net income (loss)................................                                                      (708)
Provision for income tax (expense) benefit............................                                                     1,197
                                                                                                                     -----------
Net income (loss) attributable to Brighthouse Life Insurance Company..                                               $      (883)
                                                                                                                     ===========
Interest revenue...................................................... $    1,263 $     300  $    1,399  $      142
Interest expense...................................................... $       -- $      (4) $       23  $       39

                                      21

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

2. Segment Information (continued)


   The following table presents total revenues with respect to the Company's
segments, as well as Corporate & Other:

                                                                               Years Ended December 31,
                                                                       ---------------------------------------
                                                                           2019          2018         2017
                                                                       ------------  ------------ ------------
                                                                                    (In millions)
Annuities............................................................. $      4,062  $      3,921 $      3,721
Life..................................................................        1,115         1,160        1,036
Run-off...............................................................        2,009         2,112        2,148
Corporate & Other.....................................................          145           147          250
Adjustments...........................................................       (1,704)          782       (1,357)
                                                                       ------------  ------------ ------------
   Total.............................................................. $      5,627  $      8,122 $      5,798
                                                                       ============  ============ ============

   The following table presents total premiums, universal life and
investment-type product policy fees and other revenues by major product group:

                                                                              Years Ended December 31,
                                                                       --------------------------------------
                                                                           2019         2018         2017
                                                                       ------------ ------------ ------------
                                                                                   (In millions)
Annuity products...................................................... $      2,522 $      2,662 $      2,729
Life insurance products...............................................        1,561        1,677        1,587
Other products........................................................           12            7            4
                                                                       ------------ ------------ ------------
   Total.............................................................. $      4,095 $      4,346 $      4,320
                                                                       ============ ============ ============

   Substantially all of the Company's premiums, universal life and
investment-type product policy fees and other revenues originated in the U.S.

   Revenues derived from any individual customer did not exceed 10% of
premiums, universal life and investment-type product policy fees and other
revenues for the years ended December 31, 2019, 2018 and 2017.

3. Organizational Changes

Contribution Transactions

   In April 2017, in connection with the Separation, MetLife, Inc. contributed
MetLife Reinsurance Company of Delaware, MetLife Reinsurance Company of South
Carolina, MetLife Reinsurance Company of Vermont II, all affiliated reinsurance
companies, and Brighthouse Life Insurance Company of NY ("BHNY") to Brighthouse
Life Insurance Company (the "Contribution Transactions"). The affiliated
reinsurance companies were then merged into Brighthouse Reinsurance Company of
Delaware ("BRCD"), and certain reserve financing arrangements were
restructured, resulting in a net return of capital to MetLife of $2.7 billion.
The return of capital included $3.4 billion in cash, offset by a non-cash
capital contribution of $703 million primarily comprised of the $643 million
tax impact of a basis adjustment for BRCD in connection with the Contribution
Transactions. The affiliated reinsurance companies reinsured risks, including
level premium term life and ULSG assumed from the Company and other entities
and operations of Brighthouse.

   The Contribution Transactions were between entities under common control and
have been accounted for in a manner similar to the pooling-of-interests method,
which requires that the acquired entities be combined at their historical cost.
The Company's consolidated financial statements and related footnotes are
presented as if the transaction occurred at the beginning of the earliest date
presented and the prior periods have been retrospectively adjusted.

                                      22

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


4. Insurance

Insurance Liabilities

   Insurance liabilities, including affiliated insurance liabilities on
reinsurance assumed and ceded, are comprised of future policy benefits,
policyholder account balances and other policy-related balances. Information
regarding insurance liabilities by segment, as well as Corporate & Other, was
as follows at:

                                                                              December 31,
                                                                       ---------------------------
                                                                           2019          2018
                                                                       ------------- -------------
                                                                              (In millions)
Annuities............................................................. $      43,731 $      37,266
Life..................................................................         7,507         7,336
Run-off...............................................................        28,064        25,447
Corporate & Other.....................................................         7,701         7,597
                                                                       ------------- -------------
   Total.............................................................. $      87,003 $      77,646
                                                                       ============= =============

   See Note 6 for discussion of affiliated reinsurance liabilities included in
the table above.

Assumptions for Future Policyholder Benefits and Policyholder Account Balances

   For non-participating term and whole life insurance, assumptions for
mortality and persistency are based upon the Company's experience. Interest
rate assumptions for the aggregate future policy benefit liabilities range from
3% to 8%. The liability for single premium immediate annuities is based on the
present value of expected future payments using the Company's experience for
mortality assumptions, with interest rate assumptions used in establishing such
liabilities ranging from 2% to 8%.

   Participating whole life insurance uses an interest assumption based upon
non-forfeiture interest rate of 4% and mortality rates guaranteed in
calculating the cash surrender values described in such contracts, and also
includes a liability for terminal dividends. Participating whole life insurance
represented 3% of the Company's life insurance in-force at both December 31,
2019 and 2018, and 38% of gross traditional life insurance premiums for each of
the years ended December 31, 2019, 2018 and 2017.

   The liability for future policyholder benefits for long-term disability
(included in the Life segment) and long-term care insurance (included in the
Run-off segment) includes assumptions based on the Company's experience for
future morbidity, withdrawals and interest. Interest rate assumptions used for
long-term disability in establishing such liabilities range from 4% to 7%.
Claim reserves for these products include best estimate assumptions for claim
terminations, expenses and interest. Interest rate assumptions used for
establishing long-term care claim liabilities range from 3% to 6%.

   Policyholder account balances liabilities for deferred annuities and
universal life insurance have interest credited rates ranging from 1% to 7%.

Guarantees

   The Company issues variable annuity contracts with guaranteed minimum
benefits. GMABs, the non-life contingent portion of GMWBs and the portion of
certain GMIBs that do not require annuitization are accounted for as embedded
derivatives in policyholder account balances and are further discussed in Note
8.

   The assumptions for GMDBs and GMIBs included in future policyholder benefits
include projected separate account rates of return, general account investment
returns, interest crediting rates, mortality, in-force or persistency, benefit
elections and withdrawals, and expenses to administer business. GMIBs also
include an assumption for the percentage of the potential annuitizations that
may be elected by the contract holder, while GMWBs include assumptions for
withdrawals.

   The Company also has universal and variable life insurance contracts with
secondary guarantees.

   See Note 1 for more information on GMDBs and GMIBs accounted for as
insurance liabilities.

                                      23

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

4. Insurance (continued)


   Information regarding the liabilities for guarantees (excluding policyholder
account balances and embedded derivatives) relating to variable annuity
contracts and universal and variable life insurance contracts was as follows:

                                                               Universal and
                                                                  Variable
                                 Variable Annuity Contracts    Life Contracts
                               ------------------------------  --------------
                                                                 Secondary
                                    GMDBs           GMIBs        Guarantees         Total
                               --------------  --------------  --------------  --------------
                                                        (In millions)
Direct
Balance at January 1, 2017.... $        1,106  $        2,206  $        3,540  $        6,852
Incurred guaranteed benefits..            367             344             692           1,403
Paid guaranteed benefits......            (57)             --              --             (57)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2017..          1,416           2,550           4,232           8,198
Incurred guaranteed benefits..            183             358             483           1,024
Paid guaranteed benefits......            (56)             --              --             (56)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2018..          1,543           2,908           4,715           9,166
Incurred guaranteed benefits..            142             168             874           1,184
Paid guaranteed benefits......            (89)             --              --             (89)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2019.. $        1,596  $        3,076  $        5,589  $       10,261
                               ==============  ==============  ==============  ==============
Net Ceded/(Assumed)
Balance at January 1, 2017.... $          (45) $          (19) $        1,105  $        1,041
Incurred guaranteed benefits..             94             (28)           (159)            (93)
Paid guaranteed benefits......            (55)             --              --             (55)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2017..             (6)            (47)            946             893
Incurred guaranteed benefits..             48              (3)             18              63
Paid guaranteed benefits......            (54)             --              --             (54)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2018..            (12)            (50)            964             902
Incurred guaranteed benefits..             84              (1)            119             202
Paid guaranteed benefits......            (87)             --              --             (87)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2019.. $          (15) $          (51) $        1,083  $        1,017
                               ==============  ==============  ==============  ==============
Net
Balance at January 1, 2017.... $        1,151  $        2,225  $        2,435  $        5,811
Incurred guaranteed benefits..            273             372             851           1,496
Paid guaranteed benefits......             (2)             --              --              (2)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2017..          1,422           2,597           3,286           7,305
Incurred guaranteed benefits..            135             361             465             961
Paid guaranteed benefits......             (2)             --              --              (2)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2018..          1,555           2,958           3,751           8,264
Incurred guaranteed benefits..             58             169             755             982
Paid guaranteed benefits......             (2)             --              --              (2)
                               --------------  --------------  --------------  --------------
Balance at December 31, 2019.. $        1,611  $        3,127  $        4,506  $        9,244
                               ==============  ==============  ==============  ==============

                                      24

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

4. Insurance (continued)


      Information regarding the Company's guarantee exposure was as follows at:

                                                                             December 31,
                                           -----------------------------------------------------------------------------
                                                             2019                                     2018
                                           ------------------------------------     ------------------------------------
                                                In the                At                 In the                At
                                             Event of Death       Annuitization       Event of Death       Annuitization
                                           ----------------     ---------------     ----------------     ---------------
                                                                         (Dollars in millions)
Annuity Contracts (1), (2)
Variable Annuity Guarantees
Total account value (3)...................    $     100,034        $     57,069         $     92,794        $     53,330
Separate account value....................    $      95,430        $     56,027         $     88,065        $     52,225
Net amount at risk........................    $       6,617 (4)    $      4,495 (5)     $     10,945 (4)    $      3,903 (5)
Average attained age of contract holders..         69 years            69 years             69 years            68 years

                                                      December 31,
                                               ---------------------------
                                                   2019          2018
                                               ------------- -------------
                                                  Secondary Guarantees
                                               ---------------------------
                                                  (Dollars in millions)
      Universal Life Contracts
      Total account value (3)................. $       5,957 $       6,099
      Net amount at risk (6).................. $      71,124 $      73,131
      Average attained age of policyholders...      66 years      65 years

      Variable Life Contracts
      Total account value (3)................. $       1,133 $         954
      Net amount at risk (6).................. $      12,082 $      13,040
      Average attained age of policyholders...      45 years      45 years
-------------

(1) The Company's annuity contracts with guarantees may offer more than one
    type of guarantee in each contract. Therefore, the amounts listed above may
    not be mutually exclusive.

(2) Includes direct business, but excludes offsets from hedging or reinsurance,
    if any. Therefore, the net amount at risk presented reflects the economic
    exposures of living and death benefit guarantees associated with variable
    annuities, but not necessarily their impact on the Company. See Note 6 for
    a discussion of guaranteed minimum benefits which have been reinsured.

(3) Includes the contract holder's investments in the general account and
    separate account, if applicable.

(4) Defined as the death benefit less the total account value, as of the
    balance sheet date. It represents the amount of the claim that the Company
    would incur if death claims were filed on all contracts on the balance
    sheet date and includes any additional contractual claims associated with
    riders purchased to assist with covering income taxes payable upon death.

(5) Defined as the amount (if any) that would be required to be added to the
    total account value to purchase a lifetime income stream, based on current
    annuity rates, equal to the minimum amount provided under the guaranteed
    benefit. This amount represents the Company's potential economic exposure
    to such guarantees in the event all contract holders were to annuitize on
    the balance sheet date, even though the contracts contain terms that allow
    annuitization of the guaranteed amount only after the 10th anniversary of
    the contract, which not all contract holders have achieved.

(6) Defined as the guarantee amount less the account value, as of the balance
    sheet date. It represents the amount of the claim that the Company would
    incur if death claims were filed on all contracts on the balance sheet date.

                                      25

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

4. Insurance (continued)


   Account balances of contracts with guarantees were invested in separate
account asset classes as follows at:

                                          December 31,
                                   ---------------------------
                                       2019          2018
                                   ------------- -------------
                                          (In millions)
                  Fund Groupings:
                  Balanced........ $      62,266 $      58,258
                  Equity..........        25,580        22,292
                  Bond............         7,729         7,592
                  Money Market....            16            17
                                   ------------- -------------
                      Total....... $      95,591 $      88,159
                                   ============= =============

Obligations Under Funding Agreements

   The Company has issued fixed and floating rate funding agreements, which are
denominated in either U.S. dollars or foreign currencies, to certain special
purpose entities that have issued either debt securities or commercial paper
for which payment of interest and principal is secured by such funding
agreements. During each of the years ended December 31, 2019, 2018 and 2017,
the Company issued no funding agreements and repaid $6 million. At December 31,
2019 and 2018, liabilities for funding agreements outstanding, which are
included in policyholder account balances, were $134 million and $136 million,
respectively.

   Brighthouse Life Insurance Company is a member of the Federal Home Loan Bank
("FHLB") of Atlanta and holds common stock in certain regional banks in the
FHLB system. Holdings of FHLB common stock carried at cost at December 31, 2019
and 2018 were $39 million and $64 million, respectively.

   Brighthouse Life Insurance Company has also entered into funding agreements
with FHLBs. The liabilities for these funding agreements are included in
policyholder account balances. Liabilities for FHLB funding agreements at both
December 31, 2019 and 2018 were $595 million.

   Funding agreements are issued to FHLBs in exchange for cash. The FHLBs have
been granted liens on certain assets, some of which are in their custody,
including RMBS, to collateralize the Company's obligations under the funding
agreements. The Company is permitted to withdraw any portion of the collateral
in the custody of the FHLBs as long as there is no event of default and the
remaining qualified collateral is sufficient to satisfy the collateral
maintenance level. Upon any event of default by the Company, the FHLBs recovery
on the collateral is limited to the amount of the Company's liabilities to the
FHLBs.

   In February 2019, Brighthouse Life Insurance Company entered into a funding
agreement program with the Federal Agricultural Mortgage Corporation and its
affiliate Farmer Mac Mortgage Securities Corporation ("Farmer Mac"), pursuant
to which the parties may agree to enter into funding agreements in an aggregate
amount of up to $500 million. The funding agreement program has a term ending
on December 1, 2023. Funding agreements are issued to Farmer Mac in exchange
for cash. In connection with each funding agreement, Farmer Mac will be granted
liens on certain assets, including agricultural loans, to collateralize
Brighthouse Life Insurance Company's obligations under the funding agreements.
Upon any event of default by Brighthouse Life Insurance Company, Farmer Mac's
recovery on the collateral is limited to the amount of Brighthouse Life
Insurance Company's liabilities to Farmer Mac. At December 31, 2019, there were
no borrowings under this funding agreement program.

                                      26

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


5. Deferred Policy Acquisition Costs, Value of Business Acquired and Other
Intangibles

   See Note 1 for a description of capitalized acquisition costs.

   Information regarding DAC and VOBA was as follows:

                                                                               Years Ended December 31,
                                                                       ----------------------------------------
                                                                           2019          2018          2017
                                                                       ------------  ------------  ------------
                                                                                     (In millions)
DAC:
Balance at January 1,................................................. $      4,518  $      5,015  $      5,667
Capitalizations.......................................................          365           319           256
Amortization related to net investment gains (losses) and net
 derivative gains (losses)............................................          220          (370)          127
All other amortization................................................         (586)         (535)         (958)
                                                                       ------------  ------------  ------------
   Total amortization.................................................         (366)         (905)         (831)
                                                                       ------------  ------------  ------------
Unrealized investment gains (losses)..................................         (190)           89           (77)
                                                                       ------------  ------------  ------------
Balance at December 31,...............................................        4,327         4,518         5,015
                                                                       ------------  ------------  ------------
VOBA:
Balance at January 1,.................................................          568           608           672
Amortization related to net investment gains (losses) and net
 derivative gains (losses)............................................           (1)           (1)           (9)
All other amortization................................................          (28)         (105)          (76)
                                                                       ------------  ------------  ------------
 Total amortization...................................................          (29)         (106)          (85)
                                                                       ------------  ------------  ------------
Unrealized investment gains (losses)..................................          (57)           66            21
                                                                       ------------  ------------  ------------
Balance at December 31,...............................................          482           568           608
                                                                       ------------  ------------  ------------
Total DAC and VOBA:
Balance at December 31,............................................... $      4,809  $      5,086  $      5,623
                                                                       ============  ============  ============

   Information regarding total DAC and VOBA by segment, as well as Corporate &
Other, was as follows at:

                                                                             December 31,
                                                                       -------------------------
                                                                           2019         2018
                                                                       ------------ ------------
                                                                             (In millions)
Annuities............................................................. $      4,168 $      4,357
Life..................................................................          539          613
Run-off...............................................................            5            5
Corporate & Other.....................................................           97          111
                                                                       ------------ ------------
   Total.............................................................. $      4,809 $      5,086
                                                                       ============ ============

                                      27

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

5. Deferred Policy Acquisition Costs, Value of Business Acquired and Other
Intangibles (continued)


   Information regarding other intangibles was as follows:

                                                                            Years Ended December 31,
                                                                       ----------------------------------
                                                                          2019        2018        2017
                                                                       ----------  ----------  ----------
                                                                                  (In millions)
DSI:
Balance at January 1,................................................. $      391  $      411  $      432
Capitalization........................................................          2           2           2
Amortization..........................................................        (36)        (39)        (12)
Unrealized investment gains (losses)..................................          5          17         (11)
                                                                       ----------  ----------  ----------
Balance at December 31,............................................... $      362  $      391  $      411
                                                                       ==========  ==========  ==========
VODA:
Balance at January 1,................................................. $       91  $      105  $      120
Amortization..........................................................        (13)        (14)        (15)
                                                                       ----------  ----------  ----------
Balance at December 31,............................................... $       78  $       91  $      105
                                                                       ==========  ==========  ==========
Accumulated amortization.............................................. $      182  $      169  $      155
                                                                       ==========  ==========  ==========

   The estimated future amortization expense to be reported in other expenses
for the next five years is as follows:

                                                                          VOBA        VODA
                                                                       ----------- -----------
                                                                            (In millions)
2020.................................................................. $        69 $        12
2021.................................................................. $        61 $        10
2022.................................................................. $        53 $         9
2023.................................................................. $        46 $         8
2024.................................................................. $        41 $         7

6. Reinsurance

   The Company enters into reinsurance agreements primarily as a purchaser of
reinsurance for its various insurance products and also as a provider of
reinsurance for some insurance products issued by NELICO, former affiliated and
unaffiliated companies. The Company participates in reinsurance activities in
order to limit losses, minimize exposure to significant risks and provide
additional capacity for future growth.

   Accounting for reinsurance requires extensive use of assumptions and
estimates, particularly related to the future performance of the underlying
business and the potential impact of counterparty credit risks. The Company
periodically reviews actual and anticipated experience compared to the
aforementioned assumptions used to establish assets and liabilities relating to
ceded and assumed reinsurance and evaluates the financial strength of
counterparties to its reinsurance agreements using criteria similar to that
evaluated in the security impairment process discussed in Note 7.

                                      28

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

6. Reinsurance (continued)


Annuities and Life

   For annuities, the Company reinsures portions of the living and death
benefit guarantees issued in connection with certain variable annuities to
unaffiliated reinsurers. Under these reinsurance agreements, the Company pays a
reinsurance premium generally based on fees associated with the guarantees
collected from policyholders and receives reimbursement for benefits paid or
accrued in excess of account values, subject to certain limitations. The value
of embedded derivatives on the ceded risk is determined using a methodology
consistent with the guarantees directly written by the Company with the
exception of the input for nonperformance risk that reflects the credit of the
reinsurer. The Company also assumes 100% of the living and death benefit
guarantees issued in connection with certain variable annuities issued by
NELICO. The Company cedes certain fixed rate annuities to unaffiliated third
party reinsurers, and assumes certain index-linked annuities from an
unaffiliated third party insurer. These reinsurance arrangements are structured
on a coinsurance basis and are reported as deposit accounting.

   For its life products, the Company has historically reinsured the mortality
risk primarily on an excess of retention basis or on a quota share basis. The
Company currently reinsures 90% of the mortality risk in excess of $2 million
for most products. In addition to reinsuring mortality risk as described above,
the Company reinsures other risks, as well as specific coverages. Placement of
reinsurance is done primarily on an automatic basis and also on a facultative
basis for risks with specified characteristics. On a case-by-case basis, the
Company may retain up to $20 million per life and reinsure 100% of amounts in
excess of the amount the Company retains. The Company also reinsures 90% of the
risk associated with participating whole life policies to a former affiliate
and assumes certain term life policies and universal life policies with
secondary death benefit guarantees issued by a former affiliate. The Company
evaluates its reinsurance programs routinely and may increase or decrease its
retention at any time.

Corporate & Other

   The Company reinsures, through 100% quota share reinsurance agreements
certain run-off long-term care and workers' compensation business written by
the Company. At December 31, 2019, the Company had $6.7 billion of reinsurance
recoverables associated with its reinsured long-term care business. The
reinsurer has established trust accounts for the Company's benefit to secure
their obligations under the reinsurance agreements. Additionally, the Company
is indemnified for losses and certain other payment obligations it might incur
with respect to such reinsured long-term care insurance business.

Catastrophe Coverage

   The Company has exposure to catastrophes which could contribute to
significant fluctuations in the Company's results of operations. The Company
uses excess of retention and quota share reinsurance agreements to provide
greater diversification of risk and minimize exposure to larger risks.

Reinsurance Recoverables

   The Company reinsures its business through a diversified group of
reinsurers. The Company analyzes recent trends in arbitration and litigation
outcomes in disputes, if any, with its reinsurers. The Company monitors ratings
and evaluates the financial strength of its reinsurers by analyzing their
financial statements. In addition, the reinsurance recoverable balance due from
each reinsurer is evaluated as part of the overall monitoring process.
Recoverability of reinsurance recoverable balances is evaluated based on these
analyses. The Company generally secures large reinsurance recoverable balances
with various forms of collateral, including secured trusts, funds withheld
accounts and irrevocable letters of credit. These reinsurance recoverable
balances are stated net of allowances for uncollectible reinsurance, which at
both December 31, 2019 and 2018, were not significant.

   The Company has secured certain reinsurance recoverable balances with
various forms of collateral, including secured trusts, funds withheld accounts
and irrevocable letters of credit. The Company had $5.4 billion and
$5.0 billion of unsecured reinsurance recoverable balances with third-party
reinsurers at December 31, 2019 and 2018, respectively.

   At December 31, 2019, the Company had $13.5 billion of net ceded reinsurance
recoverables with third-parties. Of this total, $11.7 billion, or 87%, were
with the Company's five largest ceded reinsurers, including $4.0 billion of net
ceded reinsurance recoverables which were unsecured. At December 31, 2018, the
Company had $12.3 billion of net ceded reinsurance recoverables with
third-parties. Of this total, $10.9 billion, or 89%, were with the Company's
five largest ceded reinsurers, including $3.8 billion of net ceded reinsurance
recoverables which were unsecured.

                                      29

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

6. Reinsurance (continued)


   The amounts on the consolidated statements of operations include the impact
of reinsurance. Information regarding the significant effects of reinsurance
was as follows:

                                                                           Years Ended December 31,
                                                                       -------------------------------
                                                                            2019       2018       2017
                                                                       ---------  ---------  ---------
                                                                                (In millions)
Premiums
Direct premiums.......................................................   $ 1,597    $ 1,640    $ 1,731
Reinsurance assumed...................................................        15         12         13
Reinsurance ceded.....................................................      (765)      (783)      (916)
                                                                       ---------  ---------  ---------
 Net premiums.........................................................   $   847    $   869    $   828
                                                                       =========  =========  =========
Universal life and investment-type product policy fees
Direct universal life and investment-type product policy fees.........   $ 3,432    $ 3,617    $ 3,653
Reinsurance assumed...................................................        79        101        103
Reinsurance ceded.....................................................      (529)      (528)      (600)
                                                                       ---------  ---------  ---------
 Net universal life and investment-type product policy fees...........   $ 2,982    $ 3,190    $ 3,156
                                                                       =========  =========  =========
Other revenues
Direct other revenues.................................................   $   244    $   262    $   260
Reinsurance assumed...................................................         3          2         29
Reinsurance ceded.....................................................        19         23         47
                                                                       ---------  ---------  ---------
 Net other revenues...................................................   $   266    $   287    $   336
                                                                       =========  =========  =========
Policyholder benefits and claims
Direct policyholder benefits and claims...............................   $ 5,267    $ 4,724    $ 5,080
Reinsurance assumed...................................................        70         75         89
Reinsurance ceded.....................................................    (1,799)    (1,619)    (1,575)
                                                                       ---------  ---------  ---------
 Net policyholder benefits and claims.................................   $ 3,538    $ 3,180    $ 3,594
                                                                       =========  =========  =========
Other expenses
Direct other expenses.................................................   $ 1,839    $ 1,812    $ 1,835
Reinsurance assumed...................................................       (10)        (4)        19
Reinsurance ceded.....................................................       (20)       (45)       (21)
                                                                       ---------  ---------  ---------
 Net other expenses...................................................   $ 1,809    $ 1,763    $ 1,833
                                                                       =========  =========  =========

   The amounts on the consolidated balance sheets include the impact of
reinsurance. Information regarding the significant effects of reinsurance was
as follows at:

                                                                                December 31,
                                                   -----------------------------------------------------------------------
                                                                  2019                                2018
                                                   ---------------------------------- ------------------------------------
                                                                              Total                                Total
                                                                             Balance                              Balance
                                                    Direct   Assumed  Ceded   Sheet    Direct   Assumed   Ceded    Sheet
                                                   -------- -------- ------- -------- -------- --------  -------- --------
                                                                                (In millions)
Assets
Premiums, reinsurance and other receivables....... $    420   $   39 $13,828 $ 14,287 $    384  $    60  $ 12,669 $ 13,113
Liabilities
Policyholder account balances..................... $ 42,062   $3,059 $    -- $ 45,121 $ 37,586  $ 1,744  $     -- $ 39,330
Other policy-related balances..................... $  1,126   $1,675 $    -- $  2,801 $  1,051  $ 1,677  $     -- $  2,728
Other liabilities................................. $  3,410   $   11 $ 1,063 $  4,484 $  2,804  $    (4) $    655 $  3,455

                                      30

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

6. Reinsurance (continued)


   Reinsurance agreements that do not expose the Company to a reasonable
possibility of a significant loss from insurance risk are recorded using the
deposit method of accounting. The deposit assets on reinsurance were
$2.0 billion and $1.4 billion at December 31, 2019 and 2018, respectively. The
deposit liabilities on reinsurance were $2.4 billion and $1.4 billion at
December 31, 2019 and 2018, respectively.

  Related Party Reinsurance Transactions

   The Company has reinsurance agreements with its affiliate NELICO and certain
MetLife, Inc. subsidiaries, including Metropolitan Life Insurance Company
("MLIC"), Metropolitan Tower Life Insurance Company, MetLife Reinsurance
Company of Vermont and American Life Insurance Company, all of which were
related parties until the completion of the MetLife Divestiture.

   Information regarding the significant effects of reinsurance with NELICO and
former MetLife affiliates included on the consolidated statements of operations
was as follows:

                                                                            Years Ended December 31,
                                                                       ----------------------------------
                                                                             2019        2018        2017
                                                                       ----------  ----------  ----------
                                                                                  (In millions)
Premiums
Reinsurance assumed...................................................       $  5       $   7       $  13
Reinsurance ceded.....................................................         --        (201)       (537)
                                                                       ----------  ----------  ----------
 Net premiums.........................................................       $  5       $(194)      $(524)
                                                                       ==========  ==========  ==========
Universal life and investment-type product policy fees
Reinsurance assumed...................................................       $  6       $  51       $ 103
Reinsurance ceded.....................................................         --           1         (14)
                                                                       ----------  ----------  ----------
 Net universal life and investment-type product policy fees...........       $  6       $  52       $  89
                                                                       ==========  ==========  ==========
Other revenues
Reinsurance assumed...................................................       $  3       $   2       $  29
Reinsurance ceded.....................................................         --          18          44
                                                                       ----------  ----------  ----------
 Net other revenues...................................................       $  3       $  20       $  73
                                                                       ==========  ==========  ==========
Policyholder benefits and claims
Reinsurance assumed...................................................       $ 34       $  52       $  87
Reinsurance ceded.....................................................         --        (178)       (420)
                                                                       ----------  ----------  ----------
 Net policyholder benefits and claims.................................       $ 34       $(126)      $(333)
                                                                       ==========  ==========  ==========
Other expenses
Reinsurance assumed...................................................       $(32)      $ (13)      $  18
Reinsurance ceded.....................................................         --          (5)         --
                                                                       ----------  ----------  ----------
 Net other expenses...................................................       $(32)      $ (18)      $  18
                                                                       ==========  ==========  ==========

                                      31

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

6. Reinsurance (continued)


   Information regarding the significant effects of reinsurance with NELICO and
former MetLife affiliates included on the consolidated balance sheets was as
follows at:

                                                                                    December 31,
                                                                       ---------------------------------------
                                                                               2019                2018
                                                                       -------------------- ------------------
                                                                         Assumed      Ceded   Assumed    Ceded
                                                                       ---------  --------- ---------  -------
                                                                                    (In millions)
Assets
Premiums, reinsurance and other receivables...........................      $ 26        $--      $ 21      $--
Liabilities
Policyholder account balances.........................................      $443        $--      $386      $--
Other policy-related balances.........................................      $ 11        $--      $ 14      $--
Other liabilities.....................................................      $(21)       $--      $(38)     $--

   The Company assumes risks from NELICO related to guaranteed minimum benefits
written directly by the cedent. The assumed reinsurance agreements contain
embedded derivatives and changes in their estimated fair value are also
included within net derivative gains (losses). The embedded derivatives
associated with the agreements are included within policyholder account
balances and were $443 million and $386 million at December 31, 2019 and 2018,
respectively. Net derivative gains (losses) associated with the embedded
derivatives were ($53) million, $53 million and $67 million for the years ended
December 31, 2019, 2018 and 2017, respectively. In January 2017, the Company
executed a novation and assignment agreement whereby it replaced MLIC as the
reinsurer of certain variable annuities, including guaranteed minimum benefits,
issued by NELICO. At the time of the novation and assignment, the transaction
resulted in an increase in cash and cash equivalents of $184 million, an
increase in future policy benefits of $34 million, an increase in policyholder
account balances of $219 million and a decrease in other liabilities of
$68 million. The Company recognized no gain or loss as a result of this
transaction.

   The Company cedes risks to MLIC related to guaranteed minimum benefits
written directly by the Company. The ceded reinsurance agreement contains
embedded derivatives and changes in the estimated fair value are also included
within net derivative gains (losses). Net derivative gains (losses) associated
with the embedded derivatives were less than $1 million and ($126) million for
the years ended December 31, 2018 and 2017, respectively.

   In May 2017, the Company recaptured from MLIC risks related to multiple life
products ceded under yearly renewable term and coinsurance agreements. This
recapture resulted in an increase in cash and cash equivalents of $214 million
and a decrease in premiums, reinsurance and other receivables of $189 million.
The Company recognized a gain of $17 million, net of income tax, as a result of
this reinsurance termination.

   The Company previously assumed risks from MLIC related to guaranteed minimum
benefits written directly by MLIC. The assumed reinsurance agreement contained
embedded derivatives and changes in their estimated fair value are included
within net derivative gains (losses). Net derivative gains (losses) associated
with the embedded derivatives were $110 million for the year ended December 31,
2017. In January 2017, MLIC recaptured these risks which resulted in a decrease
in investments and cash and cash equivalents of $568 million, a decrease in
future policy benefits of $106 million, and a decrease in policyholder account
balances of $460 million. In June 2017, there was an adjustment to the
recapture amounts of this transaction, which resulted in an increase in
premiums, reinsurance and other receivables of $140 million at June 30, 2017.
The Company recognized a gain of $89 million, net of income tax, as a result of
this transaction.

   In January 2017, the Company recaptured risks related to certain variable
annuities, including guaranteed minimum benefits, issued by BHNY ceded to
MLIC. This recapture resulted in a decrease in cash and cash equivalents of
$150 million, an increase in future policy benefits of $45 million, an increase
in policyholder account balances of $168 million and a decrease in other
liabilities of $359 million. The Company recognized no gain or loss as a result
of this transaction.

   Related party reinsurance agreements that do not expose the Company to a
reasonable possibility of a significant loss from insurance risk are recorded
using the deposit method of accounting. There were no deposit assets on related
party reinsurance at both December 31, 2019 and 2018. The deposit liabilities
on related party reinsurance were $164 million and $174 million at December 31,
2019 and 2018, respectively.

                                      32

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


7. Investments

   See Note 9 for information about the fair value hierarchy for investments
and the related valuation methodologies.

Fixed Maturity Securities AFS

  Fixed Maturity Securities AFS by Sector

   The following table presents the fixed maturity securities AFS by sector at:

                                   December 31, 2019                             December 31, 2018
                     --------------------------------------------- ---------------------------------------------
                                   Gross Unrealized                              Gross Unrealized
                               ------------------------                      ------------------------
                                                  OTTI   Estimated                              OTTI   Estimated
                     Amortized         Temporary Losses    Fair    Amortized         Temporary Losses    Fair
                       Cost     Gains   Losses    (1)      Value     Cost     Gains   Losses    (1)      Value
                     --------- ------- --------- ------  --------- --------- ------- --------- ------  ---------
                                                            (In millions)
Fixed maturity
 securities:
U.S. corporate......  $ 27,841 $ 2,815      $ 65  $  --   $ 30,591  $ 23,902 $   816  $    659  $  --   $ 24,059
Foreign corporate...     9,017     736        67     --      9,686     8,044     157       306     --      7,895
RMBS................     8,600     440        14     (4)     9,030     8,309     246       122     (2)     8,435
U.S. government and
 agency.............     5,396   1,848        --     --      7,244     7,503   1,251       110     --      8,644
CMBS................     5,460     263         9     --      5,714     5,177      42        87     (1)     5,133
State and political
 subdivision........     3,326     687         2     --      4,011     3,202     399        15     --      3,586
ABS.................     1,940      21        11     --      1,950     2,120      13        22     --      2,111
Foreign government..     1,503     250         2     --      1,751     1,415     101        31     --      1,485
                     --------- ------- --------- ------  --------- --------- ------- --------- ------  ---------
 Total fixed
   maturity
   securities.......  $ 63,083 $ 7,060      $170  $  (4)  $ 69,977  $ 59,672 $ 3,025  $  1,352  $  (3)  $ 61,348
                     ========= ======= ========= ======  ========= ========= ======= ========= ======  =========
--------

(1) Noncredit OTTI losses included in accumulated other comprehensive income
    (loss) ("AOCI") in an unrealized gain position are due to increases in
    estimated fair value subsequent to initial recognition of noncredit losses
    on such securities.

     The Company held no non-income producing fixed maturity securities at
  December 31, 2019. The Company held non-income producing fixed maturity
  securities with an estimated fair value of less than $1 million at
  December 31, 2018.

  Maturities of Fixed Maturity Securities

     The amortized cost and estimated fair value of fixed maturity securities,
  by contractual maturity date, were as follows at December 31, 2019:

                                                          Due After Five
                                            Due After One     Years                                Total Fixed
                                Due in One  Year Through   Through Ten   Due After Ten Structured   Maturity
                               Year or Less  Five Years       Years          Years     Securities  Securities
                               ------------ ------------- -------------- ------------- ----------- -----------
                                                                (In millions)
Amortized cost................ $      1,682  $      6,815  $      12,485 $      26,101 $    16,000 $    63,083
Estimated fair value.......... $      1,691  $      7,038  $      13,343 $      31,211 $    16,694 $    69,977

     Actual maturities may differ from contractual maturities due to the
  exercise of call or prepayment options. Fixed maturity securities not due at
  a single maturity date have been presented in the year of final contractual
  maturity. Structured Securities are shown separately, as they are not due at
  a single maturity.

                                      33

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


  Continuous Gross Unrealized Losses for Fixed Maturity Securities AFS by Sector

     The following table presents the estimated fair value and gross unrealized
  losses of fixed maturity securities AFS in an unrealized loss position,
  aggregated by sector and by length of time that the securities have been in a
  continuous unrealized loss position at:

                                           December 31, 2019                             December 31, 2018
                               --------------------------------------------- ------------------------------------------------
                                                    Equal to or Greater than                      Equal to or Greater than 12
                               Less than 12 Months       12 Months           Less than 12 Months         Months
                               -------------------- ------------------------ -------------------- ---------------------------
                               Estimated   Gross    Estimated     Gross      Estimated   Gross    Estimated       Gross
                                 Fair    Unrealized   Fair      Unrealized     Fair    Unrealized   Fair        Unrealized
                                 Value     Losses     Value       Losses       Value     Losses     Value         Losses
                               --------- ---------- ---------   ----------   --------- ---------- ----------    ----------
                                                              (Dollars in millions)
Fixed maturity securities:
U.S. corporate................  $  1,931  $      43  $    320    $      22   $  10,450   $    465 $    2,290    $      194
Foreign corporate.............       577         12       510           55       3,916        199        746           107
RMBS..........................       802          6       346            4       1,550         21      2,567            99
U.S. government and agency....        14         --        --           --         359          7      1,355           103
CMBS..........................       552          7       171            2       2,264         52        800            34
State and political
 subdivision..................       120          2         8           --         346          7        158             8
ABS...........................       358          2       676            9       1,407         21         70             1
Foreign government............        65          2        --           --         520         25        132             6
                               --------- ---------- ---------   ----------   --------- ---------- ----------    ----------
 Total fixed maturity
   securities.................  $  4,419  $      74  $  2,031    $      92   $  20,812   $    797 $    8,118    $      552
                               ========= ========== =========   ==========   ========= ========== ==========    ==========
 Total number of securities
   in an unrealized loss
   position...................       686                  297                    2,988                 1,022
                               =========            =========                =========            ==========

Evaluation of AFS Securities for OTTI and Evaluating Temporarily Impaired AFS
Securities

  Evaluation and Measurement Methodologies

     Management considers a wide range of factors about the security issuer and
  uses its best judgment in evaluating the cause of the decline in the
  estimated fair value of the security and in assessing the prospects for
  near-term recovery. Inherent in management's evaluation of the security are
  assumptions and estimates about the operations of the issuer and its future
  earnings potential. Considerations used in the impairment evaluation process
  include, but are not limited to: (i) the length of time and the extent to
  which the estimated fair value has been below amortized cost; (ii) the
  potential for impairments when the issuer is experiencing significant
  financial difficulties; (iii) the potential for impairments in an entire
  industry sector or sub-sector; (iv) the potential for impairments in certain
  economically depressed geographic locations; (v) the potential for
  impairments where the issuer, series of issuers or industry has suffered a
  catastrophic loss or has exhausted natural resources; (vi) whether the
  Company has the intent to sell or will more likely than not be required to
  sell a particular security before the decline in estimated fair value below
  amortized cost recovers; (vii) with respect to Structured Securities, changes
  in forecasted cash flows after considering the quality of underlying
  collateral, expected prepayment speeds, current and forecasted loss severity,
  consideration of the payment terms of the underlying assets backing a
  particular security, and the payment priority within the tranche structure of
  the security; (viii) the potential for impairments due to weakening of
  foreign currencies on non-functional currency denominated fixed maturity
  securities that are near maturity; and (ix) other subjective factors,
  including concentrations and information obtained from regulators and rating
  agencies.

     For securities in an unrealized loss position, an OTTI is recognized in
  earnings when it is anticipated that the amortized cost will not be
  recovered. When either: (i) the Company has the intent to sell the security;
  or (ii) it is more likely than not that the Company will be required to sell
  the security before recovery, the OTTI recognized in earnings is the entire
  difference between the security's amortized cost and estimated fair value. If
  neither of these conditions exists, the difference between the amortized cost
  of the security and the present value of projected future cash flows expected
  to be collected is recognized as an OTTI in earnings ("credit loss"). If the
  estimated fair value is less than the present value of projected future cash
  flows expected to be collected, this portion of OTTI related to
  other-than-credit factors ("noncredit loss") is recorded in OCI.

                                      34

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


  Current Period Evaluation

     Based on the Company's current evaluation of its AFS securities in an
  unrealized loss position in accordance with its impairment policy, and the
  Company's current intentions and assessments (as applicable to the type of
  security) about holding, selling and any requirements to sell these
  securities, the Company concluded that these securities were not
  other-than-temporarily impaired at December 31, 2019.

     Gross unrealized losses on fixed maturity securities decreased
  $1.2 billion during the year ended December 31, 2019 to $166 million. The
  decrease in gross unrealized losses for the year ended December 31, 2019, was
  primarily attributable to decreasing longer-term interest rates and narrowing
  credit spreads.

     At December 31, 2019, $9 million of the total $166 million of gross
  unrealized losses were from 12 fixed maturity securities with an unrealized
  loss position of 20% or more of amortized cost for six months or greater.

Mortgage Loans

  Mortgage Loans by Portfolio Segment

     Mortgage loans are summarized as follows at:

                                                          December 31,
                                         -----------------------------------------------
                                                  2019                    2018
                                         ----------------------- -----------------------
                                          Carrying      % of      Carrying      % of
                                           Value        Total      Value        Total
                                         ----------- ----------- ----------- -----------
                                                      (Dollars in millions)
Mortgage loans:
Commercial.............................. $     9,694       61.9% $     8,502       62.6%
Agricultural............................       3,326        21.2       2,874        21.1
Residential.............................       2,708        17.3       2,276        16.7
                                         ----------- ----------- ----------- -----------
 Subtotal (1)...........................      15,728       100.4      13,652       100.4
Valuation allowances (2)................        (64)       (0.4)        (56)       (0.4)
                                         ----------- ----------- ----------- -----------
 Total mortgage loans, net.............. $    15,664      100.0% $    13,596      100.0%
                                         =========== =========== =========== ===========
----------

(1) Purchases of mortgage loans from third parties were $962 million and
    $1.9 billion for the years ended December 31, 2019 and 2018, respectively,
    and were primarily comprised of residential mortgage loans.

(2) The valuation allowances were primarily from collective evaluation
    (non-specific loan related).

     Information on commercial, agricultural and residential mortgage loans is
  presented in the tables below.

  Valuation Allowance Methodology

      Mortgage loans are considered to be impaired when it is probable that,
   based upon current information and events, the Company will be unable to
   collect all amounts due under the loan agreement. Specific valuation
   allowances are established using the same methodology for all three
   portfolio segments as the excess carrying value of a loan over either
   (i) the present value of expected future cash flows discounted at the loan's
   original effective interest rate, (ii) the estimated fair value of the
   loan's underlying collateral if the loan is in the process of foreclosure or
   otherwise collateral dependent, or (iii) the loan's observable market price.
   A common evaluation framework is used for establishing non-specific
   valuation allowances for all loan portfolio segments; however, a separate
   non-specific valuation allowance is calculated and maintained for each loan
   portfolio segment that is based on inputs unique to each loan portfolio
   segment. Non-specific valuation allowances are established for pools of
   loans with similar risk characteristics where a property-specific or
   market-specific risk has not been identified, but for which the Company
   expects to incur a credit loss. These evaluations are based upon several
   loan portfolio segment-specific factors, including the Company's experience
   for loan losses, defaults and loss severity, and loss expectations for loans
   with similar risk characteristics. These evaluations are revised as
   conditions change and new information becomes available.

                                      35

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


  Credit Quality of Commercial Mortgage Loans

      The credit quality of commercial mortgage loans was as follows at:

                                         Recorded Investment
                       --------------------------------------------------------
                           Debt Service Coverage Ratios                           Estimated
                       -------------------------------------             % of      Fair       % of
                           1.20x   1.00x - 1.20x    < 1.00x     Total    Total    Value       Total
                       ---------- --------------- ---------- --------- -------- ----------- --------
                                                   (Dollars in millions)
December 31, 2019
Loan-to-value ratios:
Less than 65%.........     $8,300            $272       $158    $8,730    90.1%     $ 9,142    90.2%
65% to 75%............        746              26          8       780      8.0         805      8.0
76% to 80%............        184              --         --       184      1.9         184      1.8
                       ---------- --------------- ---------- --------- -------- ----------- --------
    Total.............     $9,230            $298       $166    $9,694   100.0%     $10,131   100.0%
                       ========== =============== ========== ========= ======== =========== ========
December 31, 2018
Loan-to-value ratios:
Less than 65%.........     $7,444            $ 89       $ 34    $7,567    89.0%     $ 7,642    89.0%
65% to 75%............        762              --         24       786      9.2         797      9.3
76% to 80%............        141              --          8       149      1.8         145      1.7
                       ---------- --------------- ---------- --------- -------- ----------- --------
    Total.............     $8,347            $ 89       $ 66    $8,502   100.0%     $ 8,584   100.0%
                       ========== =============== ========== ========= ======== =========== ========

  Credit Quality of Agricultural Mortgage Loans

      The credit quality of agricultural mortgage loans was as follows at:

                                             December 31,
                               -----------------------------------------
                                       2019                 2018
                               -------------------- --------------------
                                 Recorded    % of     Recorded    % of
                                 Investment   Total   Investment   Total
                               ------------ ------- ------------ -------
                                         (Dollars in millions)
        Loan-to-value ratios:
        Less than 65%.........       $3,130   94.1%       $2,551   88.8%
        65% to 75%............          196     5.9          322    11.2
        76% to 80%............           --      --            1      --
                               ------------ ------- ------------ -------
            Total.............       $3,326  100.0%       $2,874  100.0%
                               ============ ======= ============ =======

      The estimated fair value of agricultural mortgage loans was $3.4 billion
   and $2.9 billion at December 31, 2019 and 2018, respectively.

                                      36

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


  Credit Quality of Residential Mortgage Loans

      The credit quality of residential mortgage loans was as follows at:

                                                     December 31,
                         ---------------------------------------------------------------------
                                        2019                               2018
                         ---------------------------------- ----------------------------------
                           Recorded Investment   % of Total   Recorded Investment   % of Total
                         --------------------- ------------ --------------------- ------------
                                                 (Dollars in millions)
Performance indicators:
Performing..............                $2,671        98.6%                $2,240        98.4%
Nonperforming...........                    37          1.4                    36          1.6
                         --------------------- ------------ --------------------- ------------
    Total...............                $2,708       100.0%                $2,276       100.0%
                         ===================== ============ ===================== ============

     The estimated fair value of residential mortgage loans was $2.8 billion
  and $2.3 billion at December 31, 2019 and 2018, respectively.

  Past Due, Nonaccrual and Modified Mortgage Loans

     The Company has a high quality, well performing mortgage loan portfolio,
  with over 99% of all mortgage loans classified as performing at both
  December 31, 2019 and 2018. The Company defines delinquency consistent with
  industry practice, when mortgage loans are past due as follows: commercial
  and residential mortgage loans -- 60 days and agricultural mortgage loans --
  90 days. The Company had no commercial mortgage loans past due or in
  nonaccrual status at either December 31, 2019 or 2018. Agricultural mortgage
  loans past due and in nonaccrual status totaled $21 million at December 31,
  2019. The Company had less than $1 million past due and no agricultural
  mortgage loans in nonaccrual status at December 31, 2018. Residential
  mortgage loans past due and in nonaccrual status totaled $37 million and
  $36 million at December 31, 2019 and 2018, respectively. During the years
  ended December 31, 2019 and 2018, the Company did not have a significant
  amount of mortgage loans modified in a troubled debt restructuring.

Other Invested Assets

   Freestanding derivatives with positive estimated fair values comprise over
90% of other invested assets. See Note 8 for information about freestanding
derivatives with positive estimated fair values. Other invested assets also
includes tax credit and renewable energy partnerships, leveraged leases and
FHLB stock.

Net Unrealized Investment Gains (Losses)

   Unrealized investment gains (losses) on fixed maturity securities and the
effect on DAC, VOBA, DSI and future policy benefits, that would result from the
realization of the unrealized gains (losses), are included in net unrealized
investment gains (losses) in AOCI.

                                      37

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


   The components of net unrealized investment gains (losses), included in
AOCI, were as follows:

                                                               Years Ended December 31,
                                                             ----------------------------
                                                                 2019      2018      2017
                                                             --------  --------  --------
                                                                     (In millions)
Fixed maturity securities...................................  $ 6,894    $1,679   $ 4,724
Equity securities...........................................       --        --        39
Derivatives.................................................      232       253       231
Other.......................................................      (15)      (15)       (8)
                                                             --------  --------  --------
 Subtotal...................................................    7,111     1,917     4,986
                                                             --------  --------  --------
Amounts allocated from:
Future policy benefits......................................   (2,691)     (885)   (2,370)
DAC, VOBA and DSI...........................................     (332)      (90)     (262)
                                                             --------  --------  --------
 Subtotal...................................................   (3,023)     (975)   (2,632)
Deferred income tax benefit (expense).......................     (859)     (198)     (494)
                                                             --------  --------  --------
 Net unrealized investment gains (losses)...................  $ 3,229    $  744   $ 1,860
                                                             ========  ========  ========

   The changes in net unrealized investment gains (losses) were as follows:

                                                               Years Ended December 31,
                                                             ----------------------------
                                                                 2019      2018      2017
                                                             --------  --------  --------
                                                                     (In millions)
Balance, December 31,.......................................  $   744   $ 1,860   $ 1,277
Unrealized investment gains (losses) change due to
 cumulative effect, net of income tax.......................       --       (79)       --
                                                             --------  --------  --------
Balance at January 1,.......................................      744     1,781     1,277
Unrealized investment gains (losses) during the year........    5,194    (2,990)    1,939
Unrealized investment gains (losses) relating to:
Future policy benefits......................................   (1,806)    1,485    (1,448)
DAC, VOBA and DSI...........................................     (242)      172       (67)
Deferred income tax benefit (expense).......................     (661)      296       159
                                                             --------  --------  --------
Balance at December 31,.....................................  $ 3,229   $   744   $ 1,860
                                                             ========  ========  ========
Change in net unrealized investment gains (losses)..........  $ 2,485   $(1,037)  $   583
                                                             ========  ========  ========

Concentrations of Credit Risk

   There were no investments in any counterparty that were greater than 10% of
the Company's equity, other than the U.S. government and its agencies, at both
December 31, 2019 and 2018.

                                      38

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


Securities Lending

   Elements of the securities lending program are presented below at:

                                                                 December 31,
                                                             ---------------------
                                                                   2019       2018
                                                             ---------- ----------
                                                                 (In millions)
Securities on loan: (1)
 Amortized cost.............................................     $2,031     $3,056
 Estimated fair value.......................................     $2,996     $3,628
Cash collateral received from counterparties (2)............     $3,074     $3,646
Security collateral received from counterparties (3)........     $   --     $   55
Reinvestment portfolio -- estimated fair value..............     $3,174     $3,658
-------------

(1) Included within fixed maturity securities.

(2) Included within payables for collateral under securities loaned and other
    transactions.

(3) Security collateral received from counterparties may not be sold or
    re-pledged, unless the counterparty is in default, and is not reflected on
    the consolidated financial statements.

   The cash collateral liability by loaned security type and remaining tenor of
the agreements were as follows at:

                                                  December 31, 2019                      December 31, 2018
                                         -------------------------------------- --------------------------------------
                                         Remaining Tenor of Securities          Remaining Tenor of Securities
                                             Lending Agreements                     Lending Agreements
                                         -----------------------------          -----------------------------
                                                     1 Month  1 to 6                        1 Month  1 to 6
                                          Open (1)  or Less    Months     Total  Open (1)  or Less    Months     Total
                                         ---------  --------  -------  -------- ---------  --------  -------  --------
                                                                      (In millions)
U.S. government and agency..............    $1,279    $1,094     $701    $3,074    $1,474    $1,823     $349    $3,646
-------------

(1) The related loaned security could be returned to the Company on the next
    business day which would require the Company to immediately return the cash
    collateral.

   If the Company is required to return significant amounts of cash collateral
on short notice and is forced to sell securities to meet the return obligation,
it may have difficulty selling such collateral that is invested in securities
in a timely manner, be forced to sell securities in a volatile or illiquid
market for less than what otherwise would have been realized under normal
market conditions, or both. The estimated fair value of the securities on loan
related to the cash collateral on open at December 31, 2019 was $1.2 billion,
all of which were U.S. government and agency securities which, if put back to
the Company, could be immediately sold to satisfy the cash requirement.

   The reinvestment portfolio acquired with the cash collateral consisted
principally of fixed maturity securities (including agency RMBS, U.S. and
foreign corporate securities, ABS, non-agency RMBS and U.S. government and
agency securities) with 54% invested in agency RMBS, cash and cash equivalents
and U.S. government and agency securities at December 31, 2019. If the
securities on loan or the reinvestment portfolio become less liquid, the
Company has the liquidity resources of most of its general account available to
meet any potential cash demands when securities on loan are put back to the
Company.

                                      39

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


Invested Assets on Deposit, Held in Trust and Pledged as Collateral

   Invested assets on deposit, held in trust and pledged as collateral are
presented below at estimated fair value at:

                                                                                             December 31,
                                                                                           -----------------
                                                                                               2019     2018
                                                                                           -------- --------
                                                                                             (In millions)
Invested assets on deposit (regulatory deposits) (1)......................................  $ 9,345  $ 8,172
Invested assets held in trust (reinsurance agreements) (2)................................    4,561    3,455
Invested assets pledged as collateral (3).................................................    3,640    3,340
                                                                                           -------- --------
 Total invested assets on deposit, held in trust and pledged as collateral................  $17,546  $14,967
                                                                                           ======== ========
-------------

(1) The Company has assets, primarily fixed maturity securities, on deposit
    with governmental authorities relating to certain policyholder liabilities,
    of which $69 million and $55 million of the assets on deposit balance
    represents restricted cash at December 31, 2019 and 2018, respectively.

(2) The Company has assets, primarily fixed maturity securities, held in trust
    relating to certain reinsurance transactions. $124 million and $87 million
    of the assets held in trust balance represents restricted cash at
    December 31, 2019 and 2018, respectively.

(3) The Company has pledged invested assets in connection with various
    agreements and transactions, including funding agreements (see Note 4) and
    derivative transactions (see Note 8).

   See "-- Securities Lending" for information regarding securities on loan.

Purchased Credit Impaired Investments

   Investments acquired with evidence of credit quality deterioration since
origination and for which it is probable at the acquisition date that the
Company will be unable to collect all contractually required payments are
classified as purchased credit impaired ("PCI") investments. For each
investment, the excess of the cash flows expected to be collected as of the
acquisition date over its acquisition date fair value is referred to as the
accretable yield and is recognized as net investment income on an effective
yield basis. If, subsequently, based on current information and events, it is
probable that there is a significant increase in cash flows previously expected
to be collected or if actual cash flows are significantly greater than cash
flows previously expected to be collected, the accretable yield is adjusted
prospectively. The excess of the contractually required payments (including
interest) as of the acquisition date over the cash flows expected to be
collected as of the acquisition date is referred to as the nonaccretable
difference, and this amount is not expected to be realized as net investment
income. Decreases in cash flows expected to be collected can result in OTTI.

   The Company's PCI investments had an outstanding principal and interest
balance of $926 million and $1.1 billion at December 31, 2019 and 2018,
respectively, which represents the contractually required principal and accrued
interest, whether or not currently due; and a carrying value (estimated fair
value of the investments plus accrued interest) of $761 million and
$860 million at December 31, 2019 and 2018, respectively. Accretion of
accretable yield on PCI investments recognized in earnings were $44 million and
$62 million for the years ended December 31, 2019 and 2018, respectively.
Purchases of PCI investments were insignificant in both of the years ended
December 31, 2019 and 2018.


Collectively Significant Equity Method Investments

   The Company holds investments in limited partnerships and LLCs consisting of
leveraged buy-out funds, hedge funds, private equity funds, joint ventures and
other funds. The portion of these investments accounted for under the equity
method had a carrying value of $2.4 billion at December 31, 2019. The Company's
maximum exposure to loss related to these equity method investments is limited
to the carrying value of these investments plus unfunded commitments of
$1.5 billion at December 31, 2019. The Company's investments in limited
partnerships and LLCs are generally of a passive nature in that the Company
does not participate in the management of the entities.

                                      40

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


   As described in Note 1, the Company generally records its share of earnings
in its equity method investments using a three-month lag methodology and within
net investment income. Aggregate net investment income from these equity method
investments exceeded 10% of the Company's consolidated pre-tax income (loss)
for each of the years ended 2019, 2018, and 2017. This aggregated summarized
financial data does not represent the Company's proportionate share of the
assets, liabilities, or earnings of such entities.

   The aggregated summarized financial data presented below reflects the latest
available financial information and is as of and for the years ended
December 31, 2019, 2018 and 2017. Aggregate total assets of these entities
totaled $403.6 billion and $344.6 billion at December 31, 2019 and 2018,
respectively. Aggregate total liabilities of these entities totaled
$52.7 billion and $30.1 billion at December 31, 2019 and 2018, respectively.
Aggregate net income (loss) of these entities totaled $33.3 billion,
$33.3 billion and $36.2 billion for the years ended December 31, 2019, 2018 and
2017, respectively. Aggregate net income (loss) from the underlying entities in
which the Company invests is primarily comprised of investment income,
including recurring investment income and realized and unrealized investment
gains (losses).

Variable Interest Entities

     The Company has invested in legal entities that are variable interest
  entities ("VIEs"). VIEs are consolidated when the investor is the primary
  beneficiary. A primary beneficiary is the variable interest holder in a VIE
  with both the power to direct the activities of the VIE that most
  significantly impact the economic performance of the VIE and the obligation
  to absorb losses, or the right to receive benefits that could potentially be
  significant to the VIE.

     There were no material VIEs for which the Company has concluded that it is
  the primary beneficiary at December 31, 2019 or 2018.

     The Company's investments in unconsolidated VIEs are described below.

  Fixed Maturity Securities

     The Company invests in U.S. corporate bonds, foreign corporate bonds, and
  Structured Securities, issued by VIEs. The Company is not obligated to
  provide any financial or other support to these VIEs, other than the original
  investment. The Company's involvement with these entities is limited to that
  of a passive investor. The Company has no unilateral right to appoint or
  remove the servicer, special servicer, or investment manager, which are
  generally viewed as having the power to direct the activities that most
  significantly impact the economic performance of the VIE, nor does the
  Company function in any of these roles. The Company does not have the
  obligation to absorb losses or the right to receive benefits from the entity
  that could potentially be significant to the entity; as a result, the Company
  has determined it is not the primary beneficiary, or consolidator, of the
  VIE. The Company's maximum exposure to loss on these fixed maturity
  securities is limited to the amortized cost of these investments. See "--
  Fixed Maturity Securities AFS" for information on these securities.

  Limited Partnerships and LLCs

     The Company holds investments in certain limited partnerships and LLCs
  which are VIEs. These ventures include limited partnerships, LLCs, private
  equity funds, hedge funds, and to a lesser extent tax credit and renewable
  energy partnerships. The Company is not considered the primary beneficiary,
  or consolidator, when its involvement takes the form of a limited partner
  interest and is restricted to a role of a passive investor, as a limited
  partner's interest does not provide the Company with any substantive kick-out
  or participating rights, nor does it provide the Company with the power to
  direct the activities of the fund. The Company's maximum exposure to loss on
  these investments is limited to: (i) the amount invested in debt or equity of
  the VIE and (ii) commitments to the VIE, as described in Note 14.

                                      41

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


     The carrying amount and maximum exposure to loss related to the VIEs in
  which the Company concluded that it holds a variable interest, but is not the
  primary beneficiary, were as follows at:

                                                                               December 31,
                                                             -------------------------------------------------
                                                                       2019                     2018
                                                             ------------------------ ------------------------
                                                                              Maximum                  Maximum
                                                                 Carrying  Exposure       Carrying  Exposure
                                                                Amount    to Loss (1)    Amount    to Loss (1)
                                                             ------------ ----------- ------------ -----------
                                                                               (In millions)
Fixed maturity securities...................................      $12,959     $12,317      $12,848     $12,848
Limited partnerships and LLCs...............................        1,892       3,065        1,743       3,130
                                                             ------------ ----------- ------------ -----------
   Total....................................................      $14,851     $15,382      $14,591     $15,978
                                                             ============ =========== ============ ===========

Net Investment Income

   The components of net investment income were as follows:

                                                                 Years Ended December 31,
                                                             --------------------------------
                                                                   2019       2018       2017
                                                             ---------- ---------- ----------
                                                                      (In millions)
Investment income:
Fixed maturity securities...................................     $2,627     $2,499     $2,347
Equity securities...........................................          8          7          9
Mortgage loans..............................................        676        538        450
Policy loans................................................         46         62         49
Limited partnerships and LLCs (1)...........................        220        258        235
Cash, cash equivalents and short-term investments...........         72         26         30
Other.......................................................         38         38         28
                                                             ---------- ---------- ----------
 Subtotal...................................................      3,687      3,428      3,148
Less: Investment expenses...................................        201        193        175
                                                             ---------- ---------- ----------
 Net investment income......................................     $3,486     $3,235     $2,973
                                                             ========== ========== ==========
-------------

(1) Includes net investment income pertaining to other limited partnership
    interests of $181 million, $211 million and $182 million for the years
    ended December 31, 2019, 2018 and 2017, respectively.

   See "-- Related Party Investment Transactions" for discussion of related
party net investment income and investment expenses.

                                      42

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

7. Investments (continued)


Net Investment Gains (Losses)

  Components of Net Investment Gains (Losses)

      The components of net investment gains (losses) were as follows:

                                                                                             Years Ended December 31,
                                                                                           ----------------------------
                                                                                               2019      2018      2017
                                                                                           --------  --------  --------
                                                                                                   (In millions)
Fixed maturity securities.................................................................     $ 87     $(178)     $(26)
Equity securities.........................................................................       17       (16)       22
Mortgage loans............................................................................      (10)      (13)       (9)
Limited partnerships and LLCs.............................................................        7        40        (7)
Other.....................................................................................       (9)      (37)       (7)
                                                                                           --------  --------  --------
   Total net investment gains (losses)....................................................     $ 92     $(204)     $(27)
                                                                                           ========  ========  ========

     See "-- Related Party Investment Transactions" for discussion of related
  party net investment gains (losses) related to transfers of invested assets.

  Sales or Disposals of Fixed Maturity Securities

     Investment gains and losses on sales of securities are determined on a
  specific identification basis. Proceeds from sales or disposals of fixed
  maturity securities and the components of fixed maturity securities net
  investment gains (losses) were as shown in the table below.

                                                                  Years Ended December 31,
                                                             ----------------------------------
                                                                   2019        2018        2017
                                                             ----------  ----------  ----------
                                                                        (In millions)
Proceeds....................................................     $8,541     $11,159     $11,974
                                                             ==========  ==========  ==========
Gross investment gains......................................     $  232     $   101     $    58
Gross investment losses.....................................       (145)       (279)        (84)
                                                             ----------  ----------  ----------
   Net investment gains (losses)............................     $   87     $  (178)    $   (26)
                                                             ==========  ==========  ==========

Related Party Investment Transactions

   All of the transactions reported as related party activity occurred prior to
the MetLife Divestiture. See Note 1 regarding the MetLife Divestiture.

   The Company previously transferred invested assets, primarily consisting of
fixed maturity securities, to former affiliates. The estimated fair value and
amortized cost of invested assets transferred to former affiliates was
$292 million and $294 million, respectively, for the year ended December 31,
2017. The net investment gains (losses) recognized on transfers of invested
assets to former affiliates was ($2) million for the year ended December 31,
2017.

   In March 2017, the Company sold an operating joint venture with a book value
of $89 million to MLIC for $286 million. The operating joint venture was
accounted for under the equity method and included in other invested assets.
This sale resulted in an increase in additional paid-in capital of $202 million
in the first quarter of 2017.

   The Company receives investment administrative services from MetLife
Investment Management, LLC (formerly known as MetLife Investment Advisors,
LLC), which was considered a related party investment manager until the
completion of the MetLife Divestiture. The related investment administrative
service charges were $49 million and $93 million for the years ended
December 31, 2018 and 2017, respectively.

                                      43

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


8. Derivatives

Accounting for Derivatives

   See Note 1 for a description of the Company's accounting policies for
derivatives and Note 9 for information about the fair value hierarchy for
derivatives.

Derivative Strategies

   The Company maintains an overall risk management strategy that incorporates
the use of derivative instruments to minimize its exposure to various market
risks, including interest rate, foreign currency exchange rate, credit and
equity market.

   Derivatives are financial instruments with values derived from interest
rates, foreign currency exchange rates, credit spreads and/or other financial
indices. Derivatives may be exchange-traded or contracted in the
over-the-counter ("OTC") market. Certain of the Company's OTC derivatives are
cleared and settled through central clearing counterparties ("OTC-cleared"),
while others are bilateral contracts between two counterparties
("OTC-bilateral").

  Interest Rate Derivatives

     Interest rate swaps: The Company uses interest rate swaps to manage the
  collective interest rate risks primarily in variable annuity products and
  universal life with secondary guarantees. Interest rate swaps are used in
  non-qualifying hedging relationships.

     Interest rate caps: The Company uses interest rate caps to protect its
  floating rate liabilities against rises in interest rates above a specified
  level, and against interest rate exposure arising from mismatches between
  assets and liabilities. Interest rate caps are used in non-qualifying hedging
  relationships.

     Swaptions: The Company uses swaptions to manage the collective interest
  rate risks primarily in variable annuity products and universal life with
  secondary guarantees. Swaptions are used in non-qualifying hedging
  relationships. Swaptions are included in interest rate options.

     Interest rate forwards: The Company uses interest rate forwards to manage
  the collective interest rate risks primarily in variable annuity products and
  universal life with secondary guarantees. Interest rate forwards are used in
  cash flow and non-qualifying hedging relationships.

  Foreign Currency Exchange Rate Derivatives

     Foreign currency swaps: The Company uses foreign currency swaps to convert
  foreign currency denominated cash flows to U.S. dollars to reduce cash flow
  fluctuations due to changes in currency exchange rates. Foreign currency
  swaps are used in cash flow and non-qualifying hedging relationships.

     Foreign currency forwards: The Company uses foreign currency forwards to
  hedge currency exposure on its invested assets. Foreign currency forwards are
  used in non-qualifying hedging relationships.

  Credit Derivatives

     Credit default swaps: The Company uses credit default swaps to create
  synthetic credit investments to replicate credit exposure that is more
  economically attractive than what is available in the market or otherwise
  unavailable (written credit protection), or to reduce credit loss exposure on
  certain assets that the Company owns (purchased credit protection). Credit
  default swaps are used in non-qualifying hedging relationships.

  Equity Derivatives

     Equity index options: The Company uses equity index options primarily to
  hedge minimum guarantees embedded in certain variable annuity products
  against adverse changes in equity markets. Additionally, the Company uses
  equity index options to hedge index-linked annuity products against adverse
  changes in equity markets. Equity index options are used in non-qualifying
  hedging relationships.

     Equity total return swaps: The Company uses equity total return swaps to
  hedge minimum guarantees embedded in certain variable annuity products
  against adverse changes equity markets. Equity total return swaps are used in
  non-qualifying hedging relationships.

                                      44

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)


     Equity variance swaps: The Company uses equity variance swaps to hedge
  minimum guarantees embedded in certain variable annuity products offered by
  the Company. Equity variance swaps are used in non-qualifying hedging
  relationships.

Primary Risks Managed by Derivatives

   The following table presents the primary underlying risk exposure, gross
notional amount, and estimated fair value of the Company's derivatives held at:

                                                                                      December 31,
                                                             --------------------------------------------------------------
                                                                          2019                            2018
                                                             ------------------------------- ------------------------------
                                                                        Estimated Fair Value           Estimated Fair Value
                                                                        --------------------           --------------------
                                                               Gross                          Gross
                                                              Notional                       Notional
                           Primary Underlying Risk Exposure    Amount    Assets  Liabilities  Amount    Assets  Liabilities
                           --------------------------------  ---------- -------- ----------- --------- -------- -----------
                                                                                     (In millions)
Derivatives Designated as Hedging Instruments:
Cash flow hedges:
Interest rate forwards.... Interest rate                     $      420 $     22    $     -- $      -- $     --    $     --
Foreign currency swaps.... Foreign currency exchange rate         2,701      176          27     2,461      200          30
                                                             ---------- -------- ----------- --------- -------- -----------
 Total qualifying hedges...................................       3,121      198          27     2,461      200          30
                                                             ---------- -------- ----------- --------- -------- -----------
Derivatives Not Designated or Not Qualifying as Hedging
 Instruments:
Interest rate swaps....... Interest rate                          7,559      878          29    10,747      528         558
Interest rate caps........ Interest rate                          3,350        2          --     3,350       21          --
Interest rate futures..... Interest rate                             --       --          --        53       --          --
Interest rate options..... Interest rate                         29,750      782         187    17,168      168          61
Interest rate forwards.... Interest rate                          5,418       94         114        --       --          --
Foreign currency swaps.... Foreign currency exchange rate         1,040       94          15     1,398       99          18
Foreign currency forwards. Foreign currency exchange rate           138       --           1       125       --          --
Credit default swaps --
 purchased................ Credit                                    18       --          --        98        3          --
Credit default swaps --
 written.................. Credit                                 1,613       36          --     1,798       14           3
Equity futures............ Equity market                             --       --          --       169       --          --
Equity index options...... Equity market                         51,509      850       1,728    45,815    1,372       1,207
Equity variance swaps..... Equity market                          2,136       69          69     5,574       80         232
Equity total return swaps. Equity market                          7,723        2         367     3,920      280           3
                                                             ---------- -------- ----------- --------- -------- -----------
 Total non-designated or non-qualifying derivatives........     110,254    2,807       2,510    90,215    2,565       2,082
                                                             ---------- -------- ----------- --------- -------- -----------
Embedded derivatives:
Ceded guaranteed minimum
 income benefits.......... Other                                    N/A      217          --       N/A      228          --
Direct index-linked
 annuities................ Other                                    N/A       --       2,253       N/A       --         488
Direct guaranteed minimum
 benefits................. Other                                    N/A       --       1,548       N/A       --       1,546
Assumed guaranteed
 minimum benefits......... Other                                    N/A       --         442       N/A       --         386
Assumed index-linked
 annuities................ Other                                    N/A       --         339       N/A       --          96
                                                             ---------- -------- ----------- --------- -------- -----------
 Total embedded derivatives................................         N/A      217       4,582       N/A      228       2,516
                                                             ---------- -------- ----------- --------- -------- -----------
 Total.....................................................  $  113,375 $  3,222    $  7,119 $  92,676 $  2,993    $  4,628
                                                             ========== ======== =========== ========= ======== ===========

                                      45

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)


   Based on gross notional amounts, a substantial portion of the Company's
derivatives was not designated or did not qualify as part of a hedging
relationship at both December 31, 2019 and 2018. The Company's use of
derivatives includes (i) derivatives that serve as macro hedges of the
Company's exposure to various risks and generally do not qualify for hedge
accounting because they do not meet the criteria required under portfolio
hedging rules; (ii) derivatives that economically hedge insurance liabilities
and generally do not qualify for hedge accounting because they do not meet the
criteria of being "highly effective" as outlined in ASC 815; (iii) derivatives
that economically hedge embedded derivatives that do not qualify for hedge
accounting because the changes in estimated fair value of the embedded
derivatives are already recorded in net income; and (iv) written credit default
swaps that are used to create synthetic credit investments and that do not
qualify for hedge accounting because they do not involve a hedging relationship.

   The following tables present the amount and location of gains (losses),
including earned income, recognized for derivatives and gains (losses)
pertaining to hedged items presented in net derivative gains (losses):

                                                                     Year Ended December 31, 2019
                                                 ---------------------------------------------------------------------
                                                                       Net
                                                                    Derivative
                                                       Net            Gains
                                                    Derivative       (Losses)                                 Amount
                                                      Gains          Recognized                              of Gains
                                                     (Losses)          for           Net        Policyholder (Losses)
                                                   Recognized for     Hedged       Investment  Benefits and  deferred
                                                   Derivatives        Items         Income        Claims       in AOCI
                                                 ----------------  ------------  ------------ -------------- ---------
                                                                             (In millions)
Derivatives Designated as Hedging Instruments:
Cash flow hedges:
Interest rate derivatives.......................          $    31          $ --           $ 2            $--       $25
Foreign currency exchange rate derivatives......               25           (29)           32             --        12
                                                 ----------------  ------------  ------------ -------------- ---------
  Total cash flow hedges........................               56           (29)           34             --        37
                                                 ----------------  ------------  ------------ -------------- ---------
Derivatives Not Designated or Not Qualifying as
 Hedging Instruments:
Interest rate derivatives.......................            1,589            --            --             --        --
Foreign currency exchange rate derivatives......               22            (3)           --             --        --
Credit derivatives..............................               44            --            --             --        --
Equity derivatives..............................           (2,476)           --            --             --        --
Embedded derivatives............................           (1,249)           --            --             --        --
                                                 ----------------  ------------  ------------ -------------- ---------
  Total non-qualifying hedges...................           (2,070)           (3)           --             --        --
                                                 ----------------  ------------  ------------ -------------- ---------
  Total.........................................          $(2,014)         $(32)          $34            $--       $37
                                                 ================  ============  ============ ============== =========

                                      46

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)

                                                                      Year Ended December 31, 2018
                                                 ----------------------------------------------------------------------
                                                                       Net
                                                                    Derivative
                                                       Net            Gains
                                                    Derivative       (Losses)                                  Amount
                                                      Gains          Recognized                               of Gains
                                                     (Losses)          for           Net        Policyholder  (Losses)
                                                   Recognized for     Hedged       Investment  Benefits and   deferred
                                                   Derivatives        Items         Income        Claims        in AOCI
                                                 ----------------  ------------  ------------ --------------  ---------
                                                                              (In millions)
Derivatives Designated as Hedging Instruments:
Fair value hedges:
Interest rate derivatives.......................     $        (12)    $      12     $       1     $       --    $    --
                                                 ----------------  ------------  ------------ --------------  ---------
  Total fair value hedges.......................              (12)           12             1             --         --
                                                 ----------------  ------------  ------------ --------------  ---------
Cash flow hedges:
Interest rate derivatives.......................              129            (1)            5             --         (5)
Foreign currency exchange rate derivatives......               --            (1)           26             --        161
                                                 ----------------  ------------  ------------ --------------  ---------
  Total cash flow hedges........................              129            (2)           31             --        156
                                                 ----------------  ------------  ------------ --------------  ---------
Derivatives Not Designated or Not Qualifying as
 Hedging Instruments:
Interest rate derivatives.......................             (659)           --            --             --         --
Foreign currency exchange rate derivatives......               81            (7)           --             --         --
Credit derivatives..............................               (7)           --            --             --         --
Equity derivatives..............................              631            --            --             --         --
Embedded derivatives............................              579            --            --             (8)        --
                                                 ----------------  ------------  ------------ --------------  ---------
  Total non-qualifying hedges...................              625            (7)           --             (8)        --
                                                 ----------------  ------------  ------------ --------------  ---------
  Total.........................................     $        742     $       3     $      32     $       (8)   $   156
                                                 ================  ============  ============ ==============  =========

                                      47

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)


                                                                              Year Ended December 31, 2017
                                                        -----------------------------------------------------------------------
                                                                              Net
                                                                           Derivative
                                                              Net            Gains
                                                           Derivative       (Losses)                                   Amount
                                                             Gains          Recognized                                of Gains
                                                            (Losses)          for           Net         Policyholder  (Losses)
                                                          Recognized for     Hedged       Investment   Benefits and   deferred
                                                          Derivatives        Items         Income         Claims        in AOCI
                                                        ----------------  ------------  ------------  --------------  ---------
                                                                                     (In millions)
Derivatives Designated as Hedging Instruments:
Fair value hedges:
Interest rate derivatives..............................     $          2     $      (2)   $        2     $        --    $    --
                                                        ----------------  ------------  ------------  --------------  ---------
 Total fair value hedges...............................                2            (2)            2              --         --
                                                        ----------------  ------------  ------------  --------------  ---------
Cash flow hedges:
Interest rate derivatives..............................               --            --             6              --          1
Foreign currency exchange rate derivatives.............                8            (9)           19              --       (153)
                                                        ----------------  ------------  ------------  --------------  ---------
 Total cash flow hedges................................                8            (9)           25              --       (152)
                                                        ----------------  ------------  ------------  --------------  ---------
Derivatives Not Designated or Not Qualifying as
 Hedging Instruments:
Interest rate derivatives..............................              (58)           --            --              10         --
Foreign currency exchange rate derivatives.............              (83)          (32)           --              --         --
Credit derivatives.....................................               34            --            --              --         --
Equity derivatives.....................................           (2,565)           --            (1)           (335)        --
Embedded derivatives...................................            1,237            --            --             (16)        --
                                                        ----------------  ------------  ------------  --------------  ---------
 Total non-qualifying hedges...........................           (1,435)          (32)           (1)           (341)        --
                                                        ----------------  ------------  ------------  --------------  ---------
 Total.................................................     $     (1,425)    $     (43)   $       26     $      (341)   $  (152)
                                                        ================  ============  ============  ==============  =========

   At December 31, 2019 and 2018, the balance in AOCI associated with cash flow
hedges was $232 million and $253 million, respectively.

Credit Derivatives

   In connection with synthetically created credit investment transactions, the
Company writes credit default swaps for which it receives a premium to insure
credit risk. If a credit event occurs, as defined by the contract, the contract
may be cash settled or it may be settled gross by the Company paying the
counterparty the specified swap notional amount in exchange for the delivery of
par quantities of the referenced credit obligation.

                                      48

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)


   The following table presents the estimated fair value, maximum amount of
future payments and weighted average years to maturity of written credit
default swaps at:

                                                                         December 31,
                                         -----------------------------------------------------------------------------
                                                          2019                                   2018
                                         -------------------------------------- --------------------------------------
                                                       Maximum                                Maximum
                                         Estimated      Amount                  Estimated      Amount
                                         Fair Value   of Future      Weighted   Fair Value   of Future      Weighted
                                         of Credit  Payments under   Average    of Credit  Payments under   Average
Rating Agency Designation of Referenced   Default   Credit Default   Years to    Default   Credit Default   Years to
 Credit Obligations (1)                    Swaps        Swaps      Maturity (2)   Swaps        Swaps      Maturity (2)
---------------------------------------  ---------- -------------- ------------ ---------- -------------- ------------
                                                                     (Dollars in millions)
Aaa/Aa/A................................        $11         $  615          2.5        $ 8         $  689          2.0
Baa.....................................         25            998          5.1          3          1,109          5.0
                                         ---------- --------------              ---------- --------------
 Total..................................        $36         $1,613          4.1        $11         $1,798          3.9
                                         ========== ==============              ========== ==============
----------

(1) The Company has written credit protection on both single name and index
    references. The rating agency designations are based on availability and
    the midpoint of the applicable ratings among Moody's, S&P and Fitch. If no
    rating is available from a rating agency, then an internally developed
    rating is used.

(2) The weighted average years to maturity of the credit default swaps is
    calculated based on weighted average gross notional amounts.

Counterparty Credit Risk

   The Company may be exposed to credit-related losses in the event of
counterparty nonperformance on derivative instruments. Generally, the credit
exposure is the fair value at the reporting date less any collateral received
from the counterparty.

   The Company manages its credit risk by: (i) entering into derivative
transactions with creditworthy counterparties governed by master netting
agreements; (ii) trading through regulated exchanges and central clearing
counterparties; (iii) obtaining collateral, such as cash and securities, when
appropriate; and (iv) setting limits on single party credit exposures which are
subject to periodic management review.

   See Note 9 for a description of the impact of credit risk on the valuation
of derivatives.

   The estimated fair values of the Company's net derivative assets and net
derivative liabilities after the application of master netting agreements and
collateral were as follows at:

                                             Gross Amounts Not Offset on the
                                               Consolidated Balance Sheets
                                             ------------------------------
                                                                                          Securities
                                                                Collateral                Collateral      Net Amount
                                Gross Amount    Financial       Received/                 Received/     After Securities
                                Recognized    Instruments (1)   Pledged (2)   Net Amount  Pledged (3)     Collateral
                               ------------- ----------------  ------------  ----------- ------------  -----------------
                                                                     (In millions)
December 31, 2019
Derivative assets.............        $3,046          $(1,458)      $(1,100)      $  488      $  (487)               $ 1
Derivative liabilities........        $2,522          $(1,458)      $    --       $1,064      $(1,061)               $ 3
December 31, 2018
Derivative assets.............        $2,820          $(1,671)      $(1,053)      $   96      $   (83)               $13
Derivative liabilities........        $2,104          $(1,671)      $    --       $  433      $  (433)               $--
----------

(1) Represents amounts subject to an enforceable master netting agreement or
    similar agreement.

                                      49

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

8. Derivatives (continued)


(2) The amount of cash collateral offset in the table above is limited to the
    net estimated fair value of derivatives after application of netting
    agreement.

(3) Securities collateral received by the Company is not recorded on the
    balance sheet. Amounts do not include excess of collateral pledged or
    received.

   The Company's collateral arrangements generally require the counterparty in
a net liability position, after considering the effect of netting agreements,
to pledge collateral when the amount owed by that counterparty reaches a
minimum transfer amount. Certain of these arrangements also include credit
contingent provisions which permit the party with positive fair value to
terminate the derivative at the current fair value or demand immediate full
collateralization from the party in a net liability position, in the event that
the financial strength or credit rating of the party in a net liability
position falls below a certain level.

   The following table presents the aggregate estimated fair value of
derivatives in a net liability position containing such credit contingent
provisions and the aggregate estimated fair value of assets posted as
collateral for such instruments.

                                                                                             December 31,
                                                                                           -----------------
                                                                                               2019     2018
                                                                                           -------- --------
                                                                                             (In millions)
Estimated fair value of derivatives in a net liability position (1).......................   $1,064     $433
Estimated Fair Value of Collateral Provided (2)
Fixed maturity securities.................................................................   $1,473     $797
----------

(1) After taking into consideration the existence of netting agreements.

(2) Substantially all of the Company's collateral arrangements provide for
    daily posting of collateral for the full value of the derivative contract.
    As a result, if the credit contingent provisions of derivative contracts in
    a net liability position were triggered, minimal additional assets would be
    required to be posted as collateral or needed to settle the instruments
    immediately.

9. Fair Value

   When developing estimated fair values, the Company considers three broad
valuation techniques: (i) the market approach, (ii) the income approach, and
(iii) the cost approach. The Company determines the most appropriate valuation
technique to use, given what is being measured and the availability of
sufficient inputs, giving priority to observable inputs. The Company
categorizes its assets and liabilities measured at estimated fair value into a
three-level hierarchy, based on the significant input with the lowest level in
its valuation. The input levels are as follows:

                Level 1  Unadjusted quoted prices in active
                         markets for identical assets or
                         liabilities. The Company defines
                         active markets based on average
                         trading volume for equity securities.
                         The size of the bid/ask spread is
                         used as an indicator of market
                         activity for fixed maturity
                         securities.

                Level 2  Quoted prices in markets that are not
                         active or inputs that are observable
                         either directly or indirectly. These
                         inputs can include quoted prices for
                         similar assets or liabilities other
                         than quoted prices in Level 1, quoted
                         prices in markets that are not
                         active, or other significant inputs
                         that are observable or can be derived
                         principally from or corroborated by
                         observable market data for
                         substantially the full term of the
                         assets or liabilities.

                Level 3  Unobservable inputs that are
                         supported by little or no market
                         activity and are significant to the
                         determination of estimated fair value
                         of the assets or liabilities.
                         Unobservable inputs reflect the
                         reporting entity's own assumptions
                         about the assumptions that market
                         participants would use in pricing the
                         asset or liability.

                                      50

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


Recurring Fair Value Measurements

   The assets and liabilities measured at estimated fair value on a recurring
basis and their corresponding placement in the fair value hierarchy are
presented below. Investments that do not have a readily determinable fair value
and are measured at net asset value (or equivalent) as a practical expedient to
estimated fair value are excluded from the fair value hierarchy.

                                                                               December 31, 2019
                                                             -----------------------------------------------------
                                                                    Fair Value Hierarchy
                                                             -----------------------------------
                                                                                                   Total Estimated
                                                                 Level 1     Level 2     Level 3    Fair Value
                                                             ----------- ----------- ----------- -----------------
                                                                                 (In millions)
Assets
Fixed maturity securities:
U.S. corporate..............................................      $   --    $ 30,266      $  325          $ 30,591
Foreign corporate...........................................          --       9,554         132             9,686
RMBS........................................................          --       8,986          44             9,030
U.S. government and agency..................................       1,542       5,702          --             7,244
CMBS........................................................          --       5,714          --             5,714
State and political subdivision.............................          --       3,938          73             4,011
ABS.........................................................          --       1,877          73             1,950
Foreign government..........................................          --       1,751          --             1,751
                                                             ----------- ----------- ----------- -----------------
 Total fixed maturity securities............................       1,542      67,788         647            69,977
                                                             ----------- ----------- ----------- -----------------
Equity securities...........................................          14         125           8               147
Short-term investments......................................       1,004         473           5             1,482
Derivative assets: (1)
Interest rate...............................................          --       1,778          --             1,778
Foreign currency exchange rate..............................          --         265           5               270
Credit......................................................          --          25          11                36
Equity market...............................................          --         850          71               921
                                                             ----------- ----------- ----------- -----------------
 Total derivative assets....................................          --       2,918          87             3,005
                                                             ----------- ----------- ----------- -----------------
Embedded derivatives within asset host contracts (2)........          --          --         217               217
Separate account assets.....................................         180      99,485           3            99,668
                                                             ----------- ----------- ----------- -----------------
 Total assets...............................................      $2,740    $170,789      $  967          $174,496
                                                             =========== =========== =========== =================
Liabilities
Derivative liabilities: (1)
Interest rate...............................................      $   --    $    330      $   --          $    330
Foreign currency exchange rate..............................          --          43          --                43
Equity market...............................................          --       2,093          71             2,164
                                                             ----------- ----------- ----------- -----------------
 Total derivative liabilities...............................          --       2,466          71             2,537
                                                             ----------- ----------- ----------- -----------------
Embedded derivatives within liability host contracts (2)....          --          --       4,582             4,582
                                                             ----------- ----------- ----------- -----------------
 Total liabilities..........................................      $   --    $  2,466      $4,653          $  7,119
                                                             =========== =========== =========== =================

                                      51

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)

                                                                                     December 31, 2018
                                                                  -------------------------------------------------------
                                                                          Fair Value Hierarchy
                                                                  -------------------------------------
                                                                                                          Total Estimated
                                                                      Level 1       Level 2     Level 3    Fair Value
                                                                  ----------- ------------- ----------- -----------------
                                                                                       (In millions)
Assets
Fixed maturity securities:
U.S. corporate...................................................      $   --      $ 23,740      $  319          $ 24,059
Foreign corporate................................................          --         7,503         392             7,895
RMBS.............................................................          --         8,429           6             8,435
U.S. government and agency.......................................       2,334         6,310          --             8,644
CMBS.............................................................          --         5,004         129             5,133
State and political subdivision..................................          --         3,512          74             3,586
ABS..............................................................          --         2,072          39             2,111
Foreign government...............................................          --         1,485          --             1,485
                                                                  ----------- ------------- ----------- -----------------
 Total fixed maturity securities.................................       2,334        58,055         959            61,348
                                                                  ----------- ------------- ----------- -----------------
Equity securities................................................          13           124           3               140
Derivative assets: (1)
Interest rate....................................................          --           717          --               717
Foreign currency exchange rate...................................          --           288          11               299
Credit...........................................................          --            10           7                17
Equity market....................................................          --         1,634          98             1,732
                                                                  ----------- ------------- ----------- -----------------
 Total derivative assets.........................................          --         2,649         116             2,765
                                                                  ----------- ------------- ----------- -----------------
Embedded derivatives within asset host contracts (2).............          --            --         228               228
Separate account assets..........................................         217        91,293           1            91,511
                                                                  ----------- ------------- ----------- -----------------
 Total assets....................................................      $2,564      $152,121      $1,307          $155,992
                                                                  =========== ============= =========== =================
Liabilities
Derivative liabilities: (1)
Interest rate....................................................      $   --      $    619      $   --          $    619
Foreign currency exchange rate...................................          --            48          --                48
Credit...........................................................          --             2           1                 3
Equity market....................................................          --         1,205         237             1,442
                                                                  ----------- ------------- ----------- -----------------
 Total derivative liabilities....................................          --         1,874         238             2,112
                                                                  ----------- ------------- ----------- -----------------
Embedded derivatives within liability host contracts (2).........          --            --       2,516             2,516
                                                                  ----------- ------------- ----------- -----------------
 Total liabilities...............................................      $   --      $  1,874      $2,754          $  4,628
                                                                  =========== ============= =========== =================
-------------

(1) Derivative assets are presented within other invested assets on the
    consolidated balance sheets and derivative liabilities are presented within
    other liabilities on the consolidated balance sheets. The amounts are
    presented gross in the tables above to reflect the presentation on the
    consolidated balance sheets.

(2) Embedded derivatives within asset host contracts are presented within
    premiums, reinsurance and other receivables and other invested assets on
    the consolidated balance sheets. Embedded derivatives within liability host
    contracts are presented within policyholder account balances on the
    consolidated balance sheets.

                                      52

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


  Valuation Controls and Procedures

      The Company monitors and provides oversight of valuation controls and
   policies for securities, mortgage loans and derivatives, which are primarily
   executed by its valuation service providers. The valuation methodologies
   used to determine fair values prioritize the use of observable market prices
   and market-based parameters and determines that judgmental valuation
   adjustments, when applied, are based upon established policies and are
   applied consistently over time. The valuation methodologies for securities,
   mortgage loans and derivatives are reviewed on an ongoing basis and revised
   when necessary. In addition, the Chief Accounting Officer periodically
   reports to the Audit Committee of Brighthouse Financial's Board of Directors
   regarding compliance with fair value accounting standards.

      The fair value of financial assets and financial liabilities is based on
   quoted market prices, where available. The Company assesses whether prices
   received represent a reasonable estimate of fair value through controls
   designed to ensure valuations represent an exit price. Valuation service
   providers perform several controls, including certain monthly controls,
   which include, but are not limited to, analysis of portfolio returns to
   corresponding benchmark returns, comparing a sample of executed prices of
   securities sold to the fair value estimates, reviewing the bid/ask spreads
   to assess activity, comparing prices from multiple independent pricing
   services and ongoing due diligence to confirm that independent pricing
   services use market-based parameters. The process includes a determination
   of the observability of inputs used in estimated fair values received from
   independent pricing services or brokers by assessing whether these inputs
   can be corroborated by observable market data. Independent non-binding
   broker quotes, also referred to herein as "consensus pricing," are used for
   a non-significant portion of the portfolio. Prices received from independent
   brokers are assessed to determine if they represent a reasonable estimate of
   fair value by considering such pricing relative to the current market
   dynamics and current pricing for similar financial instruments.

      Valuation service providers also apply a formal process to challenge any
   prices received from independent pricing services that are not considered
   representative of estimated fair value. If prices received from independent
   pricing services are not considered reflective of market activity or
   representative of estimated fair value, independent non-binding broker
   quotations are obtained. If obtaining an independent non-binding broker
   quotation is unsuccessful, valuation service providers will use the last
   available price.

      The Company reviews outputs of the valuation service providers' controls
   and performs additional controls, including certain monthly controls, which
   include but are not limited to, performing balance sheet analytics to assess
   reasonableness of period to period pricing changes, including any price
   adjustments. Price adjustments are applied if prices or quotes received from
   independent pricing services or brokers are not considered reflective of
   market activity or representative of estimated fair value. The Company did
   not have significant price adjustments during the year ended December 31,
   2019.

  Determination of Fair Value

   Fixed Maturity Securities

      The fair values for actively traded marketable bonds, primarily U.S.
   government and agency securities, are determined using the quoted market
   prices and are classified as Level 1 assets. For fixed maturity securities
   classified as Level 2 assets, fair values are determined using either a
   market or income approach and are valued based on a variety of observable
   inputs as described below.

      U.S. corporate and foreign corporate securities: Fair value is determined
   using third-party commercial pricing services, with the primary inputs being
   quoted prices in markets that are not active, benchmark yields, spreads off
   benchmark yields, new issuances, issuer rating, trades of identical or
   comparable securities, or duration. Privately-placed securities are valued
   using the additional key inputs: market yield curve, call provisions,
   observable prices and spreads for similar public or private securities that
   incorporate the credit quality and industry sector of the issuer, and delta
   spread adjustments to reflect specific credit-related issues.

      U.S. government and agency, state and political subdivision and foreign
   government securities: Fair value is determined using third-party commercial
   pricing services, with the primary inputs being quoted prices in markets
   that are not active, benchmark U.S. Treasury yield or other yields, spread
   off the U.S. Treasury yield curve for the identical security, issuer ratings
   and issuer spreads, broker-dealer quotes, and comparable securities that are
   actively traded.

                                      53

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


      Structured Securities: Fair value is determined using third-party
   commercial pricing services, with the primary inputs being quoted prices in
   markets that are not active, spreads for actively traded securities, spreads
   off benchmark yields, expected prepayment speeds and volumes, current and
   forecasted loss severity, ratings, geographic region, weighted average
   coupon and weighted average maturity, average delinquency rates and
   debt-service coverage ratios. Other issuance-specific information is also
   used, including, but not limited to; collateral type, structure of the
   security, vintage of the loans, payment terms of the underlying asset,
   payment priority within tranche, and deal performance.

   Equity Securities and Short-term Investments

      The fair value for actively traded equity securities and short-term
   investments are determined using quoted market prices and are classified as
   Level 1 assets. For financial instruments classified as Level 2 assets or
   liabilities, fair values are determined using a market approach and are
   valued based on a variety of observable inputs as described below.

      Equity securities and short-term investments: Fair value is determined
   using third-party commercial pricing services, with the primary input being
   quoted prices in markets that are not active.

   Derivatives

      The fair values for exchange-traded derivatives are determined using the
   quoted market prices and are classified as Level 1 assets. For OTC-bilateral
   derivatives and OTC-cleared derivatives classified as Level 2 assets or
   liabilities, fair values are determined using the income approach.
   Valuations of non-option-based derivatives utilize present value techniques,
   whereas valuations of option-based derivatives utilize option pricing models
   which are based on market standard valuation methodologies and a variety of
   observable inputs.

      The significant inputs to the pricing models for most OTC-bilateral and
   OTC-cleared derivatives are inputs that are observable in the market or can
   be derived principally from, or corroborated by, observable market data.
   Certain OTC-bilateral and OTC-cleared derivatives may rely on inputs that
   are significant to the estimated fair value that are not observable in the
   market or cannot be derived principally from, or corroborated by, observable
   market data. These unobservable inputs may involve significant management
   judgment or estimation. Even though unobservable, these inputs are based on
   assumptions deemed appropriate given the circumstances and management
   believes they are consistent with what other market participants would use
   when pricing such instruments.

      Most inputs for OTC-bilateral and OTC-cleared derivatives are mid-market
   inputs but, in certain cases, liquidity adjustments are made when they are
   deemed more representative of exit value. Market liquidity, as well as the
   use of different methodologies, assumptions and inputs, may have a material
   effect on the estimated fair values of the Company's derivatives and could
   materially affect net income.

      The credit risk of both the counterparty and the Company are considered
   in determining the estimated fair value for all OTC-bilateral and
   OTC-cleared derivatives, and any potential credit adjustment is based on the
   net exposure by counterparty after taking into account the effects of
   netting agreements and collateral arrangements. The Company values its
   OTC-bilateral and OTC-cleared derivatives using standard swap curves which
   may include a spread to the risk-free rate, depending upon specific
   collateral arrangements. This credit spread is appropriate for those parties
   that execute trades at pricing levels consistent with similar collateral
   arrangements. As the Company and its significant derivative counterparties
   generally execute trades at such pricing levels and hold sufficient
   collateral, additional credit risk adjustments are not currently required in
   the valuation process. The Company's ability to consistently execute at such
   pricing levels is in part due to the netting agreements and collateral
   arrangements that are in place with all of its significant derivative
   counterparties. An evaluation of the requirement to make additional credit
   risk adjustments is performed by the Company each reporting period.

   Embedded Derivatives

      Embedded derivatives principally include certain direct and ceded
   variable annuity guarantees and equity crediting rates within index-linked
   annuity contracts. Embedded derivatives are recorded at estimated fair value
   with changes in estimated fair value reported in net income.

                                      54

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)

      The Company issues certain variable annuity products with guaranteed
   minimum benefits. GMWBs, GMABs and certain GMIBs contain embedded
   derivatives, which are measured at estimated fair value separately from the
   host variable annuity contract, with changes in estimated fair value
   reported in net derivative gains (losses). These embedded derivatives are
   classified within policyholder account balances on the consolidated balance
   sheets.

      The Company determines the fair value of these embedded derivatives by
   estimating the present value of projected future benefits minus the present
   value of projected future fees using actuarial and capital market
   assumptions including expectations of policyholder behavior. The calculation
   is based on in-force business and is performed using standard actuarial
   valuation software which projects future cash flows from the embedded
   derivative over multiple risk neutral stochastic scenarios using observable
   risk-free rates. The percentage of fees included in the initial fair value
   measurement is not updated in subsequent periods.

      Capital market assumptions, such as risk-free rates and implied
   volatilities, are based on market prices for publicly- traded instruments to
   the extent that prices for such instruments are observable. Implied
   volatilities beyond the observable period are extrapolated based on
   observable implied volatilities and historical volatilities. Actuarial
   assumptions, including mortality, lapse, withdrawal and utilization, are
   unobservable and are reviewed at least annually based on actuarial studies
   of historical experience.

      The valuation of these guarantee liabilities includes nonperformance risk
   adjustments and adjustments for a risk margin related to non-capital market
   inputs. The nonperformance adjustment is determined by taking into
   consideration publicly available information relating to spreads in the
   secondary market for BHF's debt. These observable spreads are then adjusted
   to reflect the priority of these liabilities and claims paying ability of
   the issuing insurance subsidiaries as compared to BHF's overall financial
   strength.

      Risk margins are established to capture the non-capital market risks of
   the instrument which represent the additional compensation a market
   participant would require to assume the risks related to the uncertainties
   of such actuarial assumptions as annuitization, premium persistency, partial
   withdrawal and surrenders. The establishment of risk margins requires the
   use of significant management judgment, including assumptions of the amount
   and cost of capital needed to cover the guarantees.

      The Company issues and assumes through reinsurance index-linked annuities
   which allow the policyholder to participate in returns from equity indices.
   The crediting rates associated with these features are embedded derivatives
   which are measured at estimated fair value separately from the host fixed
   annuity contract, with changes in estimated fair value reported in net
   derivative gains (losses). These embedded derivatives are classified within
   policyholder account balances on the consolidated balance sheets.

      The estimated fair value of crediting rates associated with index-linked
   annuities is determined using a combination of an option pricing model and
   an option-budget approach. The valuation of these embedded derivatives also
   includes the establishment of a risk margin, as well as changes in
   nonperformance risk.

   Transfers Into or Out of Level 3:

      Assets and liabilities are transferred into Level 3 when a significant
   input cannot be corroborated with market observable data. This occurs when
   market activity decreases significantly and underlying inputs cannot be
   observed, current prices are not available, and/or when there are
   significant variances in quoted prices, thereby affecting transparency.
   Assets and liabilities are transferred out of Level 3 when circumstances
   change such that a significant input can be corroborated with market
   observable data. This may be due to a significant increase in market
   activity, a specific event, or one or more significant input(s) becoming
   observable.

                                      55

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


  Assets and Liabilities Measured at Fair Value Using Significant Unobservable
  Inputs (Level 3)

     The following table presents certain quantitative information about the
  significant unobservable inputs used in the fair value measurement, and the
  sensitivity of the estimated fair value to changes in those inputs, for the
  more significant asset and liability classes measured at fair value on a
  recurring basis using significant unobservable inputs (Level 3) at:

                                                                        December 31, 2019   December 31, 2018
                                                                      ------------------- -------------------
                                                                                                                  Impact of
                                                                                                               Increase in Input
                                  Valuation         Significant                                                 on Estimated
                                  Techniques     Unobservable Inputs         Range               Range           Fair Value
                               ----------------- -------------------- ------------------- ------------------- ------------------
Embedded derivatives
Direct, assumed and ceded      Option pricing    Mortality rates       0.02%   -   11.31%  0.02%   -   11.31% Decrease (1)
 guaranteed minimum benefits..     techniques
                                                 Lapse rates           0.25%   -   16.00%  0.25%   -   16.00% Decrease (2)
                                                 Utilization rates     0.00%   -   25.00%  0.00%   -   25.00% Increase (3)
                                                 Withdrawal rates      0.25%   -   10.00%  0.25%   -   10.00% (4)
                                                 Long-term equity     16.24%   -   21.65% 16.50%   -   22.00% Increase (5)
                                                     volatilities
                                                 Nonperformance        0.54%   -    1.99%  1.91%   -    2.66% Decrease (6)
                                                     risk spread
-------------

(1) Mortality rates vary by age and by demographic characteristics such as
    gender. The range shown reflects the mortality rate for policyholders
    between 35 and 90 years old, which represents the majority of the business
    with living benefits. Mortality rate assumptions are set based on company
    experience and include an assumption for mortality improvement.

(2) The range shown reflects base lapse rates for major product categories for
    duration 1-20, which represents majority of business with living benefit
    riders. Base lapse rates are adjusted at the contract level based on a
    comparison of the actuarially calculated guaranteed values and the current
    policyholder account value, as well as other factors, such as the
    applicability of any surrender charges. A dynamic lapse function reduces
    the base lapse rate when the guaranteed amount is greater than the account
    value as in-the-money contracts are less likely to lapse. Lapse rates are
    also generally assumed to be lower in periods when a surrender charge
    applies.

(3) The utilization rate assumption estimates the percentage of contract
    holders with a GMIB or lifetime withdrawal benefit who will elect to
    utilize the benefit upon becoming eligible in a given year. The range shown
    represents the floor and cap of the GMIB dynamic election rates across
    varying levels of in-the-money. For lifetime withdrawal guarantee riders,
    the assumption is that everyone will begin withdrawals once account value
    reaches zero which is equivalent to a 100% utilization rate. Utilization
    rates may vary by the type of guarantee, the amount by which the guaranteed
    amount is greater than the account value, the contract's withdrawal history
    and by the age of the policyholder.

(4) The withdrawal rate represents the percentage of account balance that any
    given policyholder will elect to withdraw from the contract each year. The
    withdrawal rate assumption varies by age and duration of the contract, and
    also by other factors such as benefit type. For any given contract,
    withdrawal rates vary throughout the period over which cash flows are
    projected for purposes of valuing the embedded derivative. For GMWBs, any
    increase (decrease) in withdrawal rates results in an increase (decrease)
    in the estimated fair value of the guarantees. For GMABs and GMIBs, any
    increase (decrease) in withdrawal rates results in a decrease (increase) in
    the estimated fair value.

(5) Long-term equity volatilities represent equity volatility beyond the period
    for which observable equity volatilities are available. For any given
    contract, long-term equity volatility rates vary throughout the period over
    which cash flows are projected for purposes of valuing the embedded
    derivative.

(6) Nonperformance risk spread varies by duration. For any given contract,
    multiple nonperformance risk spreads will apply, depending on the duration
    of the cash flow being discounted for purposes of valuing the embedded
    derivative.

     The Company does not develop unobservable inputs used in measuring fair
  value for all other assets and liabilities classified within Level 3;
  therefore, these are not included in the table above. The other Level 3
  assets and liabilities primarily included fixed maturity securities and
  derivatives. For fixed maturity securities valued based on non-binding broker
  quotes, an increase (decrease) in credit spreads would result in a higher
  (lower) fair value. For derivatives valued based on third-party pricing
  models, an increase (decrease) in credit spreads would generally result in a
  higher (lower) fair value.

                                      56

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


     The following tables summarize the change of all assets and (liabilities)
  measured at estimated fair value on a recurring basis using significant
  unobservable inputs (Level 3):

                                          Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
                     ------------------------------------------------------------------------------------------------------
                                  Fixed Maturity Securities
                     ---------------------------------------------------
                                                                                                                   Net
                                                 State and                                            Net        Embedded
                                     Structured  Political     Foreign     Equity     Short-term   Derivatives  Derivatives
                      Corporate (1) Securities   Subdivision  Government  Securities  Investments     (2)          (3)
                     -------------- ----------- ------------ ----------- ----------- ------------ ------------ ------------
                                                                       (In millions)

 Balance,
 January 1,
 2018...............       $  1,937    $  1,222         $ --        $  5      $  124        $  14       $(279)     $(2,007)

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................              1           2            1          --          --           --          152          571

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............           (32)         (6)          (1)          --          --           --            9           --

 Purchases
 (7)................             71          42           --          --           1           --            3           --

 Sales
 (7)................          (197)        (91)          (1)         (5)         (3)         (14)          (7)           --

 Issuances
 (7)................             --          --           --          --          --           --           --           --

 Settlements
 (7)................             --          --           --          --          --           --           --        (852)

 Transfers
 into
 Level 3
 (8)................            414           9           75          --          --           --           --           --

 Transfers
 out
 of
 Level 3
 (8)................        (1,483)     (1,004)           --          --       (119)           --           --           --
                     -------------- ----------- ------------ ----------- ----------- ------------ ------------ ------------

 Balance,
 December 31,
 2018...............            711         174           74          --           3           --        (122)      (2,288)

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................             --           1            1          --          --           --         (12)      (1,249)

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............             15           2          (1)          --          --           --          (1)           --

 Purchases
 (7)................            342          68           --          --           5            5           --           --

 Sales
 (7)................          (150)        (25)          (1)          --          --           --           --           --

 Issuances
 (7)................             --          --           --          --          --           --           --           --

 Settlements
 (7)................             --          --           --          --          --           --          155        (828)

 Transfers
 into
 Level 3
 (8)................             24          42           --          --          --           --           --           --

 Transfers
 out
 of
 Level 3
 (8)................          (485)       (145)           --          --          --           --          (4)           --
                     -------------- ----------- ------------ ----------- ----------- ------------ ------------ ------------

 Balance,
 December 31,
 2019...............       $    457    $    117         $ 73        $ --      $    8        $   5       $   16     $(4,365)
                     ============== =========== ============ =========== =========== ============ ============ ============

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2017:
 (9)................       $      1    $     23         $ --        $ --      $   --        $  --       $ (52)     $  1,300
                     ============== =========== ============ =========== =========== ============ ============ ============

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2018:
 (9)................       $    (2)    $    (1)         $  1        $ --      $    1        $  --       $  148     $    268
                     ============== =========== ============ =========== =========== ============ ============ ============

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2019:
 (9)................       $     --    $     --         $  1        $ --      $   --        $  --       $ (10)     $(1,504)
                     ============== =========== ============ =========== =========== ============ ============ ============

 Gains
 (Losses)
 Data
 for
 the
 year
 ended
 December 31,
 2017:

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................       $    (3)    $     28         $ --        $ --      $  (3)        $  --       $   92     $  1,233

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............       $    127    $     52         $ --        $ --      $   --        $  --       $   --     $     --

                     ------------



                      Separate
                       Account
                      Assets (4)
                     -----------


 Balance,
 January 1,
 2018...............        $  5

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................          --

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............          --

 Purchases
 (7)................           1

 Sales
 (7)................         (1)

 Issuances
 (7)................          --

 Settlements
 (7)................         (1)

 Transfers
 into
 Level 3
 (8)................          --

 Transfers
 out
 of
 Level 3
 (8)................         (3)
                     -----------

 Balance,
 December 31,
 2018...............           1

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................          --

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............          --

 Purchases
 (7)................           3

 Sales
 (7)................          --

 Issuances
 (7)................          --

 Settlements
 (7)................          --

 Transfers
 into
 Level 3
 (8)................          --

 Transfers
 out
 of
 Level 3
 (8)................         (1)
                     -----------

 Balance,
 December 31,
 2019...............        $  3
                     ===========

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2017:
 (9)................        $ --
                     ===========

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2018:
 (9)................        $ --
                     ===========

 Changes
 in
 unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 for
 the
 instruments
 still
 held
 at
 December 31,
 2019:
 (9)................        $ --
                     ===========

 Gains
 (Losses)
 Data
 for
 the
 year
 ended
 December 31,
 2017:

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 net
 income
 (loss)
 (5)
 (6)................        $ --

 Total
 realized/unrealized
 gains
 (losses)
 included
 in
 AOCI...............        $ --

                                      57

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)

----------

(1) Comprised of U.S. and foreign corporate securities.

(2) Freestanding derivative assets and liabilities are presented net for
    purposes of the rollforward.

(3) Embedded derivative assets and liabilities are presented net for purposes
    of the rollforward.

(4) Investment performance related to separate account assets is fully offset
    by corresponding amounts credited to contract holders within separate
    account liabilities. Therefore, such changes in estimated fair value are
    not recorded in net income (loss). For the purpose of this disclosure,
    these changes are presented within net investment gains (losses).

(5) Amortization of premium/accretion of discount is included within net
    investment income. Impairments charged to net income (loss) on securities
    are included in net investment gains (losses). Lapses associated with net
    embedded derivatives are included in net derivative gains (losses).
    Substantially all realized/unrealized gains (losses) included in net income
    (loss) for net derivatives and net embedded derivatives are reported in net
    derivative gains (losses).

(6) Interest and dividend accruals, as well as cash interest coupons and
    dividends received, are excluded from the rollforward.

(7) Items purchased/issued and then sold/settled in the same period are
    excluded from the rollforward. Fees attributed to embedded derivatives are
    included in settlements.

(8) Gains and losses, in net income (loss) and OCI, are calculated assuming
    transfers into and/or out of Level 3 occurred at the beginning of the
    period. Items transferred into and then out of Level 3 in the same period
    are excluded from the rollforward.

(9) Changes in unrealized gains (losses) included in net income (loss) relate
    to assets and liabilities still held at the end of the respective periods.
    Substantially all changes in unrealized gains (losses) included in net
    income (loss) for net derivatives and net embedded derivatives are reported
    in net derivative gains (losses).

Fair Value of Financial Instruments Carried at Other Than Fair Value

   The following tables provide fair value information for financial
instruments that are carried on the balance sheet at amounts other than fair
value. These tables exclude the following financial instruments: cash and cash
equivalents, accrued investment income, payables for collateral under
securities loaned and other transactions, and those short-term investments that
are not securities and therefore are not included in the three level hierarchy
table disclosed in the "-- Recurring Fair Value Measurements" section. The
estimated fair value of the excluded financial instruments, which are primarily
classified in Level 2, approximates carrying value as they are short-term in
nature such that the Company believes there is minimal risk of material changes
in interest rates or credit quality. All remaining balance sheet amounts
excluded from the tables below are not considered financial instruments subject
to this disclosure.

   The carrying values and estimated fair values for such financial
instruments, and their corresponding placement in the fair value hierarchy, are
summarized as follows at:

                                                           December 31, 2019
                                             ----------------------------------------------
                                                         Fair Value Hierarchy
                                                       -------------------------
                                                                                   Total
                                             Carrying                            Estimated
                                              Value    Level 1 Level 2  Level 3  Fair Value
                                             --------- ------- ------- --------- ----------
                                                             (In millions)
Assets
Mortgage loans.............................. $  15,664 $    -- $    -- $  16,291  $  16,291
Policy loans................................ $     875 $    -- $   479 $     504  $     983
Other invested assets....................... $      51 $    -- $    39 $      12  $      51
Premiums, reinsurance and other receivables. $   2,053 $    -- $    41 $   2,427  $   2,468
Liabilities
Policyholder account balances............... $  15,474 $    -- $    -- $  15,576  $  15,576
Long-term debt.............................. $     844 $    -- $    39 $     903  $     942
Other liabilities........................... $     943 $    -- $   169 $     777  $     946
Separate account liabilities................ $   1,186 $    -- $ 1,186 $      --  $   1,186

                                      58

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

9. Fair Value (continued)


                                                             December 31, 2018
                                              ------------------------------------------------
                                                            Fair Value Hierarchy
                                                         --------------------------
                                                                                      Total
                                               Carrying                             Estimated
                                                Value    Level 1 Level 2  Level 3   Fair Value
                                              ---------- ------- ------- ---------- ----------
                                                               (In millions)
Assets
Mortgage loans............................... $   13,596 $    -- $    -- $   13,761 $   13,761
Policy loans................................. $    1,001 $    -- $   619 $      452 $    1,071
Other invested assets........................ $       77 $    -- $    64 $       13 $       77
Premiums, reinsurance and other receivables.. $    1,426 $    -- $    31 $    1,501 $    1,532
Liabilities
Policyholder account balances................ $   15,183 $    -- $    -- $   13,732 $   13,732
Long-term debt............................... $      434 $    -- $    38 $      380 $      418
Other liabilities............................ $      395 $    -- $    54 $      323 $      377
Separate account liabilities................. $    1,025 $    -- $ 1,025 $       -- $    1,025

10. Long-term Debt

   Long-term debt outstanding was as follows:

                                                                                          December 31,
                                                                                        -----------------
                                                              Interest Rate    Maturity     2019     2018
                                                             --------------  ---------- -------- --------
                                                                                          (In millions)
Surplus note -- affiliated..................................          8.070%       2059     $412     $ --
Surplus note -- affiliated..................................          8.150%       2058      200      200
Surplus note -- affiliated..................................          7.800%       2058      200      200
Other long-term debt -- unaffiliated (1)....................          7.028%       2030       32       34
                                                                                        -------- --------
 Total long-term debt.......................................                                $844     $434
                                                                                        ======== ========
----------

(1) Represents non-recourse debt of a subsidiary for which creditors have no
    access, subject to customary exceptions, to the general assets of the
    Company other than recourse to certain investment companies.

   The aggregate maturities of long-term debt at December 31, 2019 were
$2 million in each of 2020, 2021, 2022, 2023 and 2024 and $834 million
thereafter.

   Interest expense related to long-term debt of $60 million, $6 million and
$58 million for the years ended December 31, 2019, 2018 and 2017, respectively,
is included in other expenses, of which $58 million, $4 million and
$35 million, respectively, was associated with affiliated debt.

Surplus Notes

   On March 25, 2019, Brighthouse Life Insurance Company issued a $412
million surplus note due March 2059 to BH Holdings, which bears interest at a
fixed rate of 8.07%, payable annually. Payments of interest and principal on
this surplus note may be made only with the prior approval of the Delaware
Department of Insurance.

   On December 21, 2018, Brighthouse Life Insurance Company issued a
$200 million surplus note due December 2058 to NELICO (the "December 2058
Surplus Note") in exchange for $28 million of cash and $172 million of invested
assets, primarily fixed maturity securities. The December 2058 Surplus Note
bears interest at a fixed rate of 8.15%, payable annually. On December 21,
2018, with the prior approval of the Commonwealth of Massachusetts Division of
Insurance, NELICO distributed the December 2058 Surplus Note to BH Holdings via
a non-cash extraordinary dividend. Payments of interest and principal on the
December 2058 Surplus Note may be made only with the prior approval of the
Delaware Department of Insurance.

                                      59

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

10. Long-term Debt (continued)


   On September 28, 2018, Brighthouse Life Insurance Company issued a
$200 million surplus note due September 2058 to BH Holdings (the "September
2058 Surplus Note") in exchange for cash, which bears interest at a fixed rate
of 7.80%, payable annually. Payments of interest and principal on the September
2058 Surplus Note may be made only with the prior approval of the Delaware
Department of Insurance.

   On June 16, 2017, MetLife, Inc. forgave Brighthouse Life Insurance Company's
obligation to pay the principal amount of $750 million, 8.595% surplus notes
held by MetLife, Inc., which were originally issued in 2008. The forgiveness of
the surplus notes was treated as a capital transaction and recorded as an
increase to additional paid-in capital.

   On April 28, 2017, two surplus note obligations due to MetLife, Inc.
totaling $1.1 billion, which were originally issued in 2012 and 2013, were due
on September 30, 2032 and December 31, 2033 and bore interest at 5.13% and
6.00%, respectively, were satisfied in a non-cash exchange for $1.1 billion of
loans due from MetLife, Inc.

Committed Facilities

  Reinsurance Financing Arrangement

     On April 28, 2017, BRCD entered into a $10.0 billion financing arrangement
  with a pool of highly rated third-party reinsurers. This financing
  arrangement consists of credit-linked notes that each mature in 2037. At
  December 31, 2019, there were no borrowings under this facility and there was
  $10.0 billion of funding available under this arrangement. For the years
  ended December 31, 2019, 2018 and 2017, the Company recognized commitment
  fees of $41 million, $44 million and $27 million, respectively, in other
  expenses associated with this committed facility.

  Repurchase Facility

     On April 16, 2018, Brighthouse Life Insurance Company entered into a
  secured committed repurchase facility (the "Repurchase Facility") with a
  financial institution, pursuant to which Brighthouse Life Insurance Company
  may enter into repurchase transactions in an aggregate amount up to
  $2.0 billion. The Repurchase Facility has a term beginning on July 31, 2018
  and maturing on July 31, 2021. Under the Repurchase Facility, Brighthouse
  Life Insurance Company may sell certain eligible securities at a purchase
  price based on the market value of the securities less an applicable margin
  based on the types of securities sold, with a concurrent agreement to
  repurchase such securities at a predetermined future date (ranging from two
  weeks to three months) and at a price which represents the original purchase
  price plus interest. At December 31, 2019, there were no borrowings under the
  Repurchase Facility. For the years ended December 31, 2019 and 2018, fees
  associated with this committed facility were not significant.

11. Equity

Capital Transactions

   During the years ended December 31, 2019, 2018 and 2017, the Company
received cash capital contributions totaling $0, $0 and $1.3 billion,
respectively, from BH Holdings.

   During the third quarter of 2017, the Company recognized a $1.1 billion
non-cash tax charge and corresponding capital contribution from MetLife, Inc.
This tax obligation was in connection with the Separation and MetLife, Inc. is
responsible for this obligation through a tax separation agreement with
MetLife, Inc. (the "Tax Separation Agreement"). See Note 13.

   During the second quarter of 2017, MetLife, Inc. forgave Brighthouse Life
Insurance Company's obligation to pay the principal amount of $750 million of
surplus notes held by MetLife, Inc. The forgiveness of these notes was a
non-cash capital contribution. See Note 10.

   In April 2017, in connection with the Contribution Transactions, the Company
recognized a $2.7 billion return of capital to MetLife, Inc. See Note 3.

   During the first quarter of 2017, the Company sold an operating joint
venture to a former affiliate and the resulting $202 million gain was treated
as a cash capital contribution. See Note 7.

                                      60

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

11. Equity (continued)


Statutory Equity and Income

   The states of domicile of Brighthouse Life Insurance Company and BHNY impose
RBC requirements that were developed by the National Association of Insurance
Commissioners ("NAIC"). Regulatory compliance is determined by a ratio of a
company's total adjusted capital ("TAC"), calculated in the manner prescribed
by the NAIC to its authorized control level RBC ("ACL RBC"), calculated in the
manner prescribed by the NAIC, based on the statutory-based filed financial
statements. Companies below specific trigger levels or ratios are classified by
their respective levels, each of which requires specified corrective action.
The minimum level of TAC before corrective action commences is twice ACL RBC.
The RBC ratios for Brighthouse Life Insurance Company and BHNY were each in
excess of 400% for all periods presented.

   Brighthouse Life Insurance Company and BHNY prepare statutory-basis
financial statements in accordance with statutory accounting practices
prescribed or permitted by the insurance department of the state of domicile.

   Statutory accounting principles differ from GAAP primarily by charging
policy acquisition costs to expense as incurred, establishing future policy
benefit liabilities using different actuarial assumptions, reporting of
reinsurance agreements and valuing investments and deferred tax assets on a
different basis.

   The tables below present amounts from Brighthouse Life Insurance Company and
BHNY, which are derived from the statutory-basis financial statements as filed
with the insurance regulators.

   Statutory net income (loss) was as follows:

                                                                                    Years Ended December 31,
                                                                                --------------------------------
Company                                                      State of Domicile     2019        2018       2017
-----------------------------------------------------------  -----------------  ----------  ---------  ---------
                                                                                          (In millions)
Brighthouse Life Insurance Company..........................         Delaware   $    1,074  $  (1,104) $    (425)
Brighthouse Life Insurance Company of NY....................         New York   $     (139) $      19  $      22

   Statutory capital and surplus was as follows at:

                                                                 December 31,
                                                             ---------------------
Company                                                         2019       2018
-----------------------------------------------------------  ---------- ----------
                                                                 (In millions)
Brighthouse Life Insurance Company.......................... $    8,746 $    6,731
Brighthouse Life Insurance Company of NY.................... $      579 $      279

   The Company has a reinsurance subsidiary, BRCD which reinsures risks
including level premium term life and ULSG assumed from other Brighthouse
Financial life insurance subsidiaries. BRCD, with the explicit permission of
the Delaware Commissioner, has included, as admitted assets, the value of
credit-linked notes, serving as collateral, which resulted in higher statutory
capital and surplus of $9.0 billion and $8.7 billion for the years ended
December 31, 2019 and 2018, respectively.

   The statutory net income (loss) of BRCD was ($316) million, ($1.1) billion
and ($1.6) billion for the years ended December 31, 2019, 2018 and 2017,
respectively, and the combined statutory capital and surplus, including the
aforementioned prescribed practices, were $572 million and $557 million at
December 31, 2019 and 2018, respectively.

                                      61

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

11. Equity (continued)


Dividend Restrictions

   The table below sets forth the dividends permitted to be paid by certain of
the Company's insurance companies without insurance regulatory approval and
dividends paid:

                                                                 2020       2019      2018      2017
                                                             ------------ --------- --------- ---------
                                                              Permitted
                                                               Without
Company                                                      Approval (1) Paid (2)  Paid (2)  Paid (2)
-------                                                      ------------ --------- --------- ---------
                                                                           (In millions)
Brighthouse Life Insurance Company..........................    $   2,066 $      -- $      -- $      --
Brighthouse Life Insurance Company of NY....................    $      -- $      28 $      -- $      --
----------

(1) Reflects dividend amounts that may be paid during 2020 without prior
    regulatory approval. However, because dividend tests may be based on
    dividends previously paid over rolling 12-month periods, if paid before a
    specified date during 2020, some or all of such dividends may require
    regulatory approval. See Note 16.

(2) Reflects all amounts paid, including those requiring regulatory approval.

   Under the Delaware Insurance Law, Brighthouse Life Insurance Company is
permitted, without prior insurance regulatory clearance, to pay a stockholder
dividend as long as the amount of the dividend when aggregated with all other
dividends in the preceding 12 months does not exceed the greater of: (i) 10% of
its surplus to policyholders as of the end of the immediately preceding
calendar year; or (ii) its net gain from operations for the immediately
preceding calendar year (excluding realized capital gains), not including pro
rata distributions of Brighthouse Life Insurance Company's own securities.
Brighthouse Life Insurance Company will be permitted to pay a stockholder
dividend in excess of the greater of such two amounts only if it files notice
of the declaration of such a dividend and the amount thereof with the Delaware
Commissioner and the Delaware Commissioner either approves the distribution of
the dividend or does not disapprove the distribution within 30 days of its
filing. In addition, any dividend that exceeds earned surplus (defined as
"unassigned funds (surplus)") as of the immediately preceding calendar year
requires insurance regulatory approval. Under the Delaware Insurance Law, the
Delaware Commissioner has broad discretion in determining whether the financial
condition of a stock life insurance company would support the payment of such
dividends to its stockholders.

   Under BRCD's plan of operations, no dividend or distribution may be made by
BRCD without the prior approval of the Delaware Commissioner. On December 30,
2019, the Delaware Commissioner approved an extraordinary dividend of
$600 million payable to Brighthouse Life Insurance Company (see Note 16).
During the years ended December 31, 2018 and 2017, BRCD paid extraordinary cash
dividends of $0 and $535 million, respectively. During the years ended
December 31, 2019, 2018 and 2017, BRCD paid cash dividends of $1 million,
$2 million and $0, respectively, to its preferred shareholders.

                                      62

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

11. Equity (continued)


Accumulated Other Comprehensive Income (Loss)

   Information regarding changes in the balances of each component of AOCI was
as follows:

                                                                 Unrealized                           Foreign
                                                              Investment Gains    Unrealized Gains   Currency
                                                              (Losses), Net of      (Losses) on     Translation
                                                             Related Offsets (1)    Derivatives     Adjustments     Total
                                                             -------------------  ----------------  -----------  ----------
                                                                                      (In millions)
Balance at December 31, 2016................................      $        1,019     $         258    $     (29) $    1,248
OCI before reclassifications................................                 529              (152)           9         386
Deferred income tax benefit (expense).......................                (206)               54           (3)       (155)
                                                             -------------------  ----------------  -----------  ----------
 AOCI before reclassifications, net of income tax...........               1,342               160          (23)      1,479
Amounts reclassified from AOCI..............................                  61               (14)          --          47
Deferred income tax benefit (expense) (2)...................                 306                 5           --         311
                                                             -------------------  ----------------  -----------  ----------
 Amounts reclassified from AOCI, net of income tax..........                 367                (9)          --         358
                                                             -------------------  ----------------  -----------  ----------
Balance at December 31, 2017................................               1,709               151          (23)      1,837
 Cumulative effect of change in accounting principle and
   other, net of income tax.................................                 (79)               --           --         (79)
                                                             -------------------  ----------------  -----------  ----------
Balance, January 1, 2018....................................               1,630               151          (23)      1,758
OCI before reclassifications................................              (1,534)              156           (4)     (1,382)
Deferred income tax benefit (expense).......................                 327                54            1         382
                                                             -------------------  ----------------  -----------  ----------
 AOCI before reclassifications, net of income tax...........                 423               361          (26)        758
Amounts reclassified from AOCI..............................                 179              (134)          --          45
Deferred income tax benefit (expense).......................                 (38)              (47)          --         (85)
                                                             -------------------  ----------------  -----------  ----------
 Amounts reclassified from AOCI, net of income tax..........                 141              (181)          --         (40)
                                                             -------------------  ----------------  -----------  ----------
Balance at December 31, 2018................................                 564               180          (26)        718
OCI before reclassifications................................               3,224                37           12       3,273
Deferred income tax benefit (expense).......................                (677)               (8)          --        (685)
                                                             -------------------  ----------------  -----------  ----------
 AOCI before reclassifications, net of income tax...........               3,111               209          (14)      3,306
Amounts reclassified from AOCI..............................                 (57)              (58)          --        (115)
Deferred income tax benefit (expense).......................                  12                12           --          24
                                                             -------------------  ----------------  -----------  ----------
 Amounts reclassified from AOCI, net of income tax..........                 (45)              (46)          --         (91)
                                                             -------------------  ----------------  -----------  ----------
Balance at December 31, 2019................................      $        3,066     $         163    $     (14) $    3,215
                                                             ===================  ================  ===========  ==========
-------------

(1) See Note 7 for information on offsets to investments related to future
    policy benefits, DAC, VOBA and DSI.

(2) Includes the $330 million impact of the Tax Cuts and Job Act (the "Tax
    Act") related to unrealized investments gains (losses), net of related
    offsets.

                                      63

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

11. Equity (continued)



   Information regarding amounts reclassified out of each component of AOCI was
as follows:

                                                                                                Consolidated Statements of
AOCI Components                                                 Amounts Reclassified from AOCI     Operations Locations
--------------------------------------------------------------  ----------------------------   ------------------------------
                                                                  Years Ended December 31,
                                                                ----------------------------
                                                                    2019       2018      2017
                                                                --------   --------  --------
                                                                        (In millions)
Net unrealized investment gains (losses):
Net unrealized investment gains (losses).......................     $ 94      $(178)    $ (15) Net investment gains (losses)
Net unrealized investment gains (losses).......................       --          1         1  Net investment income
Net unrealized investment gains (losses).......................      (37)        (2)      (47) Net derivative gains (losses)
                                                                --------   --------  --------
 Net unrealized investment gains (losses), before income tax...       57       (179)      (61)
Income tax (expense) benefit...................................      (12)        38      (306)
                                                                --------   --------  --------
 Net unrealized investment gains (losses), net of income tax...       45       (141)     (367)
                                                                --------   --------  --------
Unrealized gains (losses) on derivatives - cash flow hedges:
Interest rate swaps............................................       31         98        --  Net derivative gains (losses)
Interest rate swaps............................................        2          3         3  Net investment income
Interest rate forwards.........................................       --         31        --  Net derivative gains (losses)
Interest rate forwards.........................................       --          2         3  Net investment income
Foreign currency swaps.........................................       25         --         8  Net derivative gains (losses)
                                                                --------   --------  --------
 Gains (losses) on cash flow hedges, before income tax.........       58        134        14
Income tax (expense) benefit...................................      (12)        47        (5)
                                                                --------   --------  --------
 Gains (losses) on cash flow hedges, net of income tax.........       46        181         9
                                                                --------   --------  --------
 Total reclassifications, net of income tax....................     $ 91      $  40     $(358)
                                                                ========   ========  ========

                                      64

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


12. Other Revenues and Other Expenses

Other Revenues

   The Company has entered into contracts with mutual funds, fund managers, and
their affiliates (collectively, the "Funds") whereby the Company is paid
monthly or quarterly fees ("12b-1 fees") for providing certain services to
customers and distributors of the Funds. The 12b-1 fees are generally equal to
a fixed percentage of the average daily balance of the customer's investment in
a fund. The percentage is specified in the contract between the Company and the
Funds. Payments are generally collected when due and are neither refundable nor
able to offset future fees.

   To earn these fees, the Company performs services such as responding to
phone inquiries, maintaining records, providing information to distributors and
shareholders about fund performance and providing training to account managers
and sales agents. The passage of time reflects the satisfaction of the
Company's performance obligations to the Funds and is used to recognize revenue
associated with 12b-1 fees.

   Other revenues consisted primarily of 12b-1 fees of $240 million,
$255 million and $264 million for the years ended December 31, 2019, 2018 and
2017, respectively, of which substantially all were reported in the Annuities
segment.

Other Expenses

   Information on other expenses was as follows:

                                                                                     Years Ended December 31,
                                                                                 --------------------------------
                                                                                       2019       2018       2017
                                                                                 ---------- ---------- ----------
                                                                                          (In millions)
Compensation....................................................................     $  304     $  278     $  263
Contracted services and other labor costs.......................................        252        194        130
Transition services agreements..................................................        237        268        295
Establishment costs.............................................................         76        131        116
Premium and other taxes, licenses and fees......................................         43         64         58
Separate account fees...........................................................          3          2          3
Volume related costs, excluding compensation, net of DAC capitalization.........        591        595        687
Interest expense on debt........................................................         60          6         56
Other...........................................................................        243        225        225
                                                                                 ---------- ---------- ----------
   Total other expenses.........................................................     $1,809     $1,763     $1,833
                                                                                 ========== ========== ==========

Capitalization of DAC

   See Note 5 for additional information on the capitalization of DAC.

Interest Expense on Debt

   See Note 10 for attribution of interest expense by debt issuance.

Related Party Expenses

   See Note 15 for a discussion of related party expenses included in the table
above.

                                      65

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)


13. Income Tax

   The provision for income tax was as follows:

                                                                            Years Ended December 31,
                                                                       ----------------------------------
                                                                             2019        2018        2017
                                                                       ----------  ----------  ----------
                                                                                  (In millions)
Current:
Federal...............................................................      $ (35)      $(178)    $   368
Foreign...............................................................         --          --          18
                                                                       ----------  ----------  ----------
 Subtotal.............................................................        (35)       (178)        386
                                                                       ----------  ----------  ----------
Deferred:
Federal...............................................................       (303)        331      (1,124)
Foreign...............................................................         --          --          --
                                                                       ----------  ----------  ----------
 Subtotal.............................................................       (303)        331      (1,124)
                                                                       ----------  ----------  ----------
 Provision for income tax expense (benefit)...........................      $(338)      $ 153     $  (738)
                                                                       ==========  ==========  ==========

   The reconciliation of the income tax provision at the statutory tax rate to
the provision for income tax as reported was as follows:

                                                                            Years Ended December 31,
                                                                       ----------------------------------
                                                                             2019        2018        2017
                                                                       ----------  ----------  ----------
                                                                                  (In millions)
Tax provision at statutory rate.......................................      $(241)       $235      $ (567)
Tax effect of:
Excess loss account - Separation from MetLife (1).....................         --          (2)      1,088
Rate revaluation due to tax reform (2)................................         --          --        (696)
Dividend received deduction (3).......................................        (38)        (40)       (116)
Prior year tax........................................................         --          (1)         (4)
Tax credits...........................................................        (29)        (24)        (29)
Release of valuation allowance........................................         --         (11)         --
Goodwill impairment...................................................         --          --        (288)
Sale of subsidiary....................................................         --          --        (136)
Other, net............................................................        (30)         (4)         10
                                                                       ----------  ----------  ----------
 Provision for income tax expense (benefit)...........................      $(338)       $153      $ (738)
                                                                       ==========  ==========  ==========
 Effective tax rate...................................................         30%         14%         46%
                                                                       ==========  ==========  ==========
-------------

(1) For the year ended December 31, 2017, the Company recognized a non-cash
    charge to provision for income tax expense and corresponding capital
    contribution from MetLife. This tax obligation was in connection with the
    Separation. MetLife, Inc. is responsible for this obligation through the
    Tax Separation Agreement.

(2) For the year ended December 31, 2017, the Company recognized a $696 million
    benefit in net income from remeasurement of net deferred tax liabilities in
    connection with the Tax Act.

(3) For the year ended December 31, 2018, the Tax Act changed the dividend
    received deduction amount applicable to insurance companies to a 70%
    company share and a 50% dividend received deduction for eligible dividends.
    The dividend received deduction reduces the amount of dividend income
    subject to tax and is a significant component of the difference between the
    actual tax expense and expected amount determined using the statutory tax
    rate.

                                      66

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

13. Income Tax (continued)


   Deferred income tax represents the tax effect of the differences between the
book and tax bases of assets and liabilities. Net deferred income tax assets
and liabilities consisted of the following at:

                                                                                                December 31,
                                                                                           ----------------------
                                                                                                 2019        2018
                                                                                           ----------  ----------
                                                                                                (In millions)
Deferred income tax assets:
Investments, including derivatives (1)....................................................    $   213      $   44
Net operating loss carryforwards..........................................................      1,082       1,025
Tax credit carryforwards..................................................................        105          58
Employee benefits.........................................................................          4           4
Intangibles...............................................................................         97         159
Other.....................................................................................         18          --
                                                                                           ----------  ----------
 Total deferred income tax assets.........................................................      1,519       1,290
Deferred income tax liabilities:
Policyholder liabilities and receivables (1)..............................................      1,307       1,386
Net unrealized investment gains...........................................................        858         198
DAC.......................................................................................        655         633
Other.....................................................................................         --          17
                                                                                           ----------  ----------
 Total deferred income tax liabilities....................................................      2,820       2,234
                                                                                           ----------  ----------
 Net deferred income tax asset (liability)................................................    $(1,301)     $ (944)
                                                                                           ==========  ==========
-------------

(1) The Company reclassified certain components of the 2018 net deferred income
    tax asset (liability) upon completion of a Separation related deferred tax
    basis study in 2019. Total deferred income tax assets and total deferred
    income tax liabilities increased by $44 million at December 31, 2018 as
    compared to the amounts previously presented. There was no change in total
    net deferred income tax asset (liability) resulting from these
    reclassifications at December 31, 2018.

   The following table sets forth the net operating loss carryforwards for tax
purposes at December 31, 2019.

                                                                                           Net Operating Loss
                                                                                               Carryforwards
                                                                                           ------------------
                                                                                             (In millions)
Expiration
2034-2038.................................................................................             $3,034
Indefinite................................................................................              2,119
                                                                                           ------------------
                                                                                                       $5,153
                                                                                           ==================

                                      67

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

13. Income Tax (continued)


   The following table sets forth the general business credits and foreign tax
credits available for carryforward for tax purposes at December 31, 2019.

                                                                   Tax Credit Carryforwards
                                                             ------------------------------------
                                                             General Business
                                                                 Credits      Foreign Tax Credits
                                                             ---------------- -------------------
                                                                        (In millions)
Expiration
2020-2024...................................................              $--                 $18
2025-2029...................................................               --                  70
2030-2034...................................................               --                  --
2035-2039...................................................               17                  --
Indefinite..................................................               --                  --
                                                             ---------------- -------------------
                                                                          $17                 $88
                                                             ================ ===================

   The Company's liability for unrecognized tax benefits may increase or
decrease in the next 12 months. A reasonable estimate of the increase or
decrease cannot be made at this time. However, the Company continues to believe
that the ultimate resolution of the pending issues will not result in a
material change to its consolidated financial statements, although the
resolution of income tax matters could impact the Company's effective tax rate
in the future.

   A reconciliation of the beginning and ending amount of unrecognized tax
benefits was as follows:

                                                              Years Ended December 31,
                                                             --------------------------
                                                                 2019     2018     2017
                                                             -------- -------- --------
                                                                    (In millions)
Balance at January 1,.......................................      $34      $22     $ 38
Additions for tax positions of prior years..................       --       12       --
Reductions for tax positions of prior years.................       --       --       (4)
Additions for tax positions of current year.................       --       --        3
Reductions for tax positions of current year................       --       --       (2)
Settlements with tax authorities............................       --       --      (13)
                                                             -------- -------- --------
Balance at December 31,.....................................      $34      $34     $ 22
                                                             ======== ======== ========
Unrecognized tax benefits that, if recognized would impact
 the effective rate.........................................      $34      $34     $ 22
                                                             ======== ======== ========

   The Company classifies interest accrued related to unrecognized tax benefits
in interest expense, included within other expenses, while penalties are
included in income tax expense. Interest related to unrecognized tax benefits
was not significant. The Company had no penalties for each of the years ended
December 31, 2019, 2018 and 2017.

   The Company is under continuous examination by the Internal Revenue Service
and other tax authorities in jurisdictions in which the Company has significant
business operations. The income tax years under examination vary by
jurisdiction and subsidiary. The Company is no longer subject to federal, state
or local income tax examinations for years prior to 2007. Management believes
it has established adequate tax liabilities, and final resolution of the audit
for the years 2007 and forward is not expected to have a material impact on the
Company's consolidated financial statements.

  Tax Sharing Agreements

   For the periods prior to the Separation, the Company filed a consolidated
federal life and non-life income tax return in accordance with the provisions
of the Tax Code. Current taxes (and the benefits of tax attributes such as
losses) are allocated to the Company, and its includable subsidiaries, under
the consolidated tax return regulations and a tax sharing agreement with
MetLife. This tax sharing agreement states that federal taxes will be computed
on a modified separate return basis with benefits for losses.

                                      68

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

13. Income Tax (continued)


   For periods after the Separation, the Company and any directly owned life
insurance and reinsurance subsidiaries (including BHNY and BRCD) entered in a
tax sharing agreement to join a life consolidated federal income tax return.
The nonlife subsidiaries of the Company will file their own federal income tax
returns. The tax sharing agreements state that federal taxes are computed on a
modified separate return basis with benefit for losses.

  Income Tax Transactions with Former Parent

   The Company entered into a Tax Separation Agreement. Among other things, the
Tax Separation Agreement governs the allocation between MetLife and the Company
of the responsibility for the taxes of the MetLife group. The Tax Separation
Agreement also allocates rights, obligations and responsibilities in connection
with certain administrative matters relating to the preparation of tax returns
and control of tax audits and other proceedings relating to taxes. In October
2017, MetLife paid $723 million to the Company under the Tax Separation
Agreement. At December 31, 2017, the current income tax recoverable included
$857 million related to this agreement. In November 2018, MetLife paid
$894 million to the Company under the Tax Separation Agreement. In November
2019, the Company paid MetLife $2 million under the Tax Separation Agreement.
At December 31, 2019, the current income tax recoverable included a
$115 million payable to MetLife related to this agreement.

14. Contingencies, Commitments and Guarantees

Contingencies

  Litigation

     The Company is a defendant in a number of litigation matters. In some of
  the matters, large and/or indeterminate amounts, including punitive and
  treble damages, are sought. Modern pleading practice in the U.S. permits
  considerable variation in the assertion of monetary damages or other relief.
  Jurisdictions may permit claimants not to specify the monetary damages sought
  or may permit claimants to state only that the amount sought is sufficient to
  invoke the jurisdiction of the trial court. In addition, jurisdictions may
  permit plaintiffs to allege monetary damages in amounts well exceeding
  reasonably possible verdicts in the jurisdiction for similar matters. This
  variability in pleadings, together with the actual experience of the Company
  in litigating or resolving through settlement numerous claims over an
  extended period of time, demonstrates to management that the monetary relief
  which may be specified in a lawsuit or claim bears little relevance to its
  merits or disposition value.

     Due to the vagaries of litigation, the outcome of a litigation matter and
  the amount or range of potential loss at particular points in time may
  normally be difficult to ascertain. Uncertainties can include how fact
  finders will evaluate documentary evidence and the credibility and
  effectiveness of witness testimony, and how trial and appellate courts will
  apply the law in the context of the pleadings or evidence presented, whether
  by motion practice, or at trial or on appeal. Disposition valuations are also
  subject to the uncertainty of how opposing parties and their counsel will
  themselves view the relevant evidence and applicable law.

     The Company establishes liabilities for litigation and regulatory loss
  contingencies when it is probable that a loss has been incurred and the
  amount of the loss can be reasonably estimated. It is possible that some
  matters could require the Company to pay damages or make other expenditures
  or establish accruals in amounts that could not be estimated at December 31,
  2019.

   Matters as to Which an Estimate Can Be Made

     For some loss contingency matters, the Company is able to estimate a
  reasonably possible range of loss. For such matters where a loss is believed
  to be reasonably possible, but not probable, no accrual has been made. As of
  December 31, 2019, the Company estimates the aggregate range of reasonably
  possible losses in excess of amounts accrued for these matters to be $0 to
  $10 million.

   Matters as to Which an Estimate Cannot Be Made

     For other matters, the Company is not currently able to estimate the
  reasonably possible loss or range of loss. The Company is often unable to
  estimate the possible loss or range of loss until developments in such
  matters have provided sufficient information to support an assessment of the
  range of possible loss, such as quantification of a damage demand from
  plaintiffs, discovery from other parties and investigation of factual
  allegations, rulings by the court on motions or appeals, analysis by experts,
  and the progress of settlement negotiations. On a quarterly and annual basis,
  the Company reviews relevant information with respect to litigation
  contingencies and updates its accruals, disclosures and estimates of
  reasonably possible losses or ranges of loss based on such reviews.

                                      69

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

14. Contingencies, Commitments and Guarantees (continued)


   Sales Practices Claims

     Over the past several years, the Company has faced claims and regulatory
  inquiries and investigations, alleging improper marketing or sales of
  individual life insurance policies, annuities or other products. The Company
  continues to defend vigorously against the claims in these matters. The
  Company believes adequate provision has been made in its consolidated
  financial statements for all probable and reasonably estimable losses for
  sales practices matters.

   Group Annuity Class Action

     Leroy and Geraldine Atkins v. Brighthouse Life Insurance Company,
  Brighthouse Financial, Inc., et al. (U.S. District Court, District of Nevada,
  filed November 18, 2019). Plaintiffs have filed a purported class action
  lawsuit against Brighthouse Life Insurance Company, Brighthouse Financial,
  Inc., MetLife, Inc. and Metropolitan Life Insurance Company relating to the
  pension closeout business. Plaintiffs allege that annuity benefits were
  due but have not been paid. Plaintiffs also allege they were not able to
  obtain information as to the group annuity contract and the benefit other
  than what was on a benefit election form. Plaintiffs seek to represent a
  class of all annuitants and their designated beneficiaries who were due
  annuity payments pursuant to group annuity contracts purchased from
  defendants by sponsors of employer provided defined benefit plans. Plaintiffs
  allege the defendants failed to timely contact, notify and pay overdue
  annuity benefits and interest to retirees. The complaint alleges breach of
  contract, breach of the implied covenant of good faith and fair dealing
  (contract and tort), unjust enrichment, conversion and breach of fiduciary
  duty. The Company intends to vigorously defend the matter.

   Summary

     Various litigation, claims and assessments against the Company, in
  addition to those discussed previously and those otherwise provided for in
  the Company's consolidated financial statements, have arisen in the course of
  the Company's business, including, but not limited to, in connection with its
  activities as an insurer, investor and taxpayer. Further, state insurance
  regulatory authorities and other federal and state authorities regularly make
  inquiries and conduct investigations concerning the Company's compliance with
  applicable insurance and other laws and regulations. It is not possible to
  predict the ultimate outcome of all pending investigations and legal
  proceedings. In some of the matters referred to previously, large and/or
  indeterminate amounts, including punitive and treble damages, are sought.
  Although, in light of these considerations, it is possible that an adverse
  outcome in certain cases could have a material effect upon the Company's
  financial position, based on information currently known by the Company's
  management, in its opinion, the outcomes of such pending investigations and
  legal proceedings are not likely to have such an effect. However, given the
  large and/or indeterminate amounts sought in certain of these matters and the
  inherent unpredictability of litigation, it is possible that an adverse
  outcome in certain matters could, from time to time, have a material effect
  on the Company's consolidated net income or cash flows in particular
  quarterly or annual periods.

Commitments

  Mortgage Loan Commitments

     The Company commits to lend funds under mortgage loan commitments. The
  amounts of these mortgage loan commitments were $206 million and $492 million
  at December 31, 2019 and 2018, respectively.

  Commitments to Fund Partnership Investments, and Private Corporate Bond
  Investments

     The Company commits to fund partnership investments and to lend funds
  under private corporate bond investments. The amounts of these unfunded
  commitments were $1.8 billion and $1.9 billion at December 31, 2019 and 2018,
  respectively.

                                      70

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

14. Contingencies, Commitments and Guarantees (continued)


Guarantees

   In the normal course of its business, the Company has provided certain
indemnities, guarantees and commitments to third parties such that it may be
required to make payments now or in the future. In the context of acquisition,
disposition, investment and other transactions, the Company has provided
indemnities and guarantees, including those related to tax, environmental and
other specific liabilities and other indemnities and guarantees that are
triggered by, among other things, breaches of representations, warranties or
covenants provided by the Company. In addition, in the normal course of
business, the Company provides indemnifications to counterparties in contracts
with triggers similar to the foregoing, as well as for certain other
liabilities, such as third-party lawsuits. These obligations are often subject
to time limitations that vary in duration, including contractual limitations
and those that arise by operation of law, such as applicable statutes of
limitation. In some cases, the maximum potential obligation under the
indemnities and guarantees is subject to a contractual limitation ranging from
$6 million to $122 million, with a cumulative maximum of $127 million, while in
other cases such limitations are not specified or applicable. Since certain of
these obligations are not subject to limitations, the Company does not believe
that it is possible to determine the maximum potential amount that could become
due under these guarantees in the future. Management believes that it is
unlikely the Company will have to make any material payments under these
indemnities, guarantees, or commitments.

   In addition, the Company indemnifies its directors and officers as provided
in its charters and by-laws. Also, the Company indemnifies its agents for
liabilities incurred as a result of their representation of the Company's
interests. Since these indemnities are generally not subject to limitation with
respect to duration or amount, the Company does not believe that it is possible
to determine the maximum potential amount that could become due under these
indemnities in the future.

   The Company's recorded liabilities were $1 million and $2 million at
December 31, 2019 and 2018, respectively, for indemnities, guarantees and
commitments.

15. Related Party Transactions

   The Company has various existing arrangements with its Brighthouse
affiliates and had previous arrangements with MetLife for services necessary to
conduct its activities. Certain of the MetLife services have continued,
however, MetLife was no longer considered a related party upon the completion
of the MetLife Divestiture on June 14, 2018. See Note 1 for information
regarding the MetLife Divestiture and Note 11 for amounts related to transition
services from MetLife.

   The Company has related party reinsurance, and investment, debt and equity
transactions (see Notes 6, 7 , 10 and 11). Other material arrangements between
the Company and its related parties not disclosed elsewhere are as follows:

  Shared Services and Overhead Allocations

     Brighthouse Services currently provides, and previously MetLife provided,
  certain services to the Company, each using an allocation methodology under
  certain agreements for such services. These services include, but are not
  limited to, treasury, financial planning and analysis, legal, human
  resources, tax planning, internal audit, financial reporting and information
  technology. When specific identification to a particular legal entity and/or
  product is not practicable, an allocation methodology based on various
  performance measures or activity-based costing, such as sales, new
  policies/contracts issued, reserves, and in-force policy counts is used. The
  bases for such charges are modified and adjusted by management when necessary
  or appropriate to reflect fairly and equitably the actual incidence of cost
  incurred by the Company and/or affiliate. Management believes that the
  methods used to allocate expenses under these arrangements are reasonable.
  Costs incurred under these arrangements with Brighthouse Services as well as
  with MetLife prior to the MetLife Divestiture, were $1.1 billion,
  $1.1 billion and $1.0 billion for the years ended December 31, 2019, 2018 and
  2017, respectively, and were recorded in other expenses. Revenues received
  from an affiliate related to these agreements, recorded in universal life and
  investment-type product policy fees, were $220 million, $234 million and
  $241 million for the years ended December 31, 2019, 2018 and 2017,
  respectively.

     The Company had net receivables (payables) from/to affiliates, related to
  the items discussed above, of ($43) million and ($50) million at December 31,
  2019 and 2018, respectively.

                                      71

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

          Notes to the Consolidated Financial Statements (continued)

15. Related Party Transactions (continued)


     Brighthouse affiliates incur costs related to the establishment of
  services and infrastructure to replace those previously provided by MetLife.
  The Company is charged a fee to reflect the value of the available
  infrastructure and services provided by these costs. While management
  believes the method used to allocate expenses under this arrangement is
  reasonable, the allocated expenses may not be indicative of those of a
  stand-alone entity. If expenses were allocated to the Company under this
  arrangement as incurred by Brighthouse affiliates, the Company would have
  incurred additional expenses of $21 million and $68 million under this
  arrangement for the years ended December 31, 2019 and 2018, respectively.

  Broker-Dealer Transactions

     The related party expense for the Company was commissions paid on the sale
  of variable products and passed through to the broker-dealer affiliate. The
  related party revenue for the Company was fee income passed through the
  broker-dealer affiliate from trusts and mutual funds whose shares serve as
  investment options of policyholders of the Company. Fee income received
  related to these transactions and recorded in other revenues was
  $205 million, $216 million and $224 million for the years ended December 31,
  2019, 2018 and 2017, respectively. Commission expenses incurred related to
  these transactions and recorded in other expenses was $815 million,
  $771 million and $642 million for the years ended December 31, 2019, 2018 and
  2017, respectively. The Company also had related party fee income receivables
  of $18 million and $17 million at December 31, 2019 and 2018, respectively.

16. Subsequent Events

Dividend Transactions

   On February 20, 2020, BRCD, with the explicit permission of the Delaware
Commissioner received on December 30, 2019, paid a $600 million extraordinary
dividend to Brighthouse Life Insurance Company.

   On February 19, 2020, Brighthouse Life Insurance Company declared a
$300 million ordinary cash dividend payable to BH Holdings. Such dividend has
not been paid as of March 4, 2020.

                                      72

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                                  Schedule I

                      Consolidated Summary of Investments
                   Other Than Investments in Related Parties
                               December 31, 2019

                                 (In millions)

                                                                                               Amount at
                                                          Cost or           Estimated Fair     Which Shown on
                                                       Amortized Cost (1)      Value         Balance Sheet
Types of Investments                               ---------------------- ---------------- ------------------
Fixed maturity securities:
Bonds:
U.S. government and agency........................                $ 5,396          $ 7,244            $ 7,244
State and political subdivision...................                  3,326            4,011              4,011
Public utilities..................................                  3,270            3,703              3,703
Foreign government................................                  1,503            1,751              1,751
All other corporate bonds.........................                 33,243           36,215             36,215
                                                   ---------------------- ---------------- ------------------
 Total bonds......................................                 46,738           52,924             52,924
Mortgage-backed and asset-backed securities.......                 16,000           16,694             16,694
Redeemable preferred stock........................                    345              359                359
                                                   ---------------------- ---------------- ------------------
 Total fixed maturity securities..................                 63,083           69,977             69,977
                                                   ---------------------- ---------------- ------------------
Equity securities:
 Non-redeemable preferred stock...................                    127              129                129
Common stock:
 Industrial, miscellaneous and all other..........                     10               15                 15
 Public utilities.................................                     --                3                  3
                                                   ---------------------- ---------------- ------------------
 Total equity securities..........................                    137              147                147
                                                   ---------------------- ---------------- ------------------
Mortgage loans....................................                 15,664                              15,664
Policy loans......................................                    875                                 875
Limited partnerships and LLCs.....................                  2,379                               2,379
Short-term investments............................                  1,482                               1,482
Other invested assets.............................                  3,224                               3,224
                                                   ----------------------                  ------------------
 Total investments................................                $86,844                             $93,748
                                                   ======================                  ==================
-------------

(1) Cost or amortized cost for fixed maturity securities represents original
    cost reduced by impairments from other-than-temporary declines in estimated
    fair value that are charged to earnings and adjusted for amortization of
    premiums or accretion of discounts; for mortgage loans, cost represents
    original cost reduced by repayments and valuation allowances and adjusted
    for amortization of premiums or accretion of discounts; for equity
    securities, cost represents original cost; for limited partnerships and
    LLCs, cost represents original cost adjusted for equity in earnings and
    distributions.

                                      73

                      Brighthouse Life Insurance Company

                                  Schedule II

                        Condensed Financial Information
                             (Parent Company Only)
                          December 31, 2019 and 2018

                (In millions, except share and per share data)

                                                                                       2019        2018
                                                                                 ----------  ----------
Condensed Balance Sheets
Assets
Investments:
Fixed maturity securities available-for-sale, at estimated fair value
 (amortized cost: $53,793 and $51,281, respectively)............................   $ 59,754    $ 52,926
Equity securities available-for-sale, at estimated fair value...................        124         121
Mortgage loans (net of valuation allowances of $61 and $55, respectively).......     15,038      13,147
Policy loans....................................................................        875       1,001
Limited partnerships and limited liability companies............................      2,379       2,290
Short-term investments, principally at estimated fair value.....................      1,431          --
Investment in subsidiaries......................................................      5,980       5,098
Other invested assets, at estimated fair value..................................      2,970       2,848
                                                                                 ----------  ----------
 Total investments..............................................................     88,551      77,431
Cash and cash equivalents.......................................................      2,273       3,185
Accrued investment income.......................................................        585         636
Premium, reinsurance and other receivable.......................................     13,727      13,046
Receivable from subsidiaries....................................................      9,505       8,001
Deferred policy acquisition costs and value of business acquired................      4,340       4,572
Deferred income tax receivable..................................................      1,147       1,086
Other assets, principally at estimated fair value...............................        424         461
Separate account assets.........................................................     94,992      87,243
                                                                                 ----------  ----------
 Total assets...................................................................   $215,544    $195,661
                                                                                 ==========  ==========
Liabilities and Stockholder's Equity
Liabilities
Future policy benefits..........................................................   $ 38,306    $ 34,900
Policyholder account balances...................................................     43,119      37,935
Other policy-related balances...................................................      3,383       3,325
Payables for collateral under securities loaned and other transactions..........      4,289       5,024
Long-term debt..................................................................        812         400
Current income tax payable......................................................         30           2
Other liabilities...............................................................     12,149      10,056
Separate account liabilities....................................................     94,992      87,243
                                                                                 ----------  ----------
 Total liabilities..............................................................    197,080     178,885
                                                                                 ----------  ----------
Stockholder's Equity
Common stock, par value $25,000 per share; 4,000 shares authorized; 3,000
 shares issued and outstanding..................................................         75          75
Additional paid-in capital......................................................     19,073      19,073
Retained earnings (deficit).....................................................     (3,899)     (3,090)
Accumulated other comprehensive income (loss)...................................      3,215         718
                                                                                 ----------  ----------
 Total stockholder's equity.....................................................     18,464      16,776
                                                                                 ----------  ----------
 Total liabilities and stockholder's equity.....................................   $215,544    $195,661
                                                                                 ==========  ==========

        See accompanying notes to the condensed financial information.

                                      74

                      Brighthouse Life Insurance Company

                                  Schedule II

                  Condensed Financial Information (continued)
                             (Parent Company Only)
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                               2019      2018      2017
                                                                                           --------  --------  --------
Condensed Statements of Operations
Revenues
Premiums..................................................................................  $   452    $  437   $   283
Universal life and investment-type product policy fees....................................    2,559     2,738     2,774
Equity in earnings of subsidiaries........................................................      808      (277)    1,221
Net investment income.....................................................................    3,086     2,885     2,613
Other revenues............................................................................      341       398       402
Net investment gains (losses).............................................................       88      (165)       (7)
Net derivative gains (losses).............................................................   (2,928)    1,335    (1,425)
                                                                                           --------  --------  --------
 Total revenues...........................................................................    4,406     7,351     5,861
                                                                                           --------  --------  --------
Expenses
Policyholder benefits and claims..........................................................    2,623     2,388     2,862
Interest credited to policyholder account balances........................................      869       881       909
Amortization of deferred policy acquisition costs and value of business acquired..........      337       952       310
Other expenses............................................................................    1,920     1,925     1,848
                                                                                           --------  --------  --------
 Total expenses...........................................................................    5,749     6,146     5,929
                                                                                           --------  --------  --------
Income (loss) before provision for income tax.............................................   (1,343)    1,205       (68)
Provision for income tax expense (benefit)................................................     (534)      238       815
                                                                                           --------  --------  --------
 Net income (loss) attributable to Brighthouse Life Insurance Company.....................  $  (809)   $  967   $  (883)
                                                                                           ========  ========  ========
Comprehensive income (loss)...............................................................  $ 1,688    $  (73)  $  (294)
                                                                                           ========  ========  ========

        See accompanying notes to the condensed financial information.

                                      75

                      Brighthouse Life Insurance Company

                                  Schedule II

                  Condensed Financial Information (continued)
                             (Parent Company Only)
             For the Years Ended December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                                             2019      2018      2017
                                                                                           --------  --------  --------
Condensed Statements of Cash Flows
Net cash provided by (used in) operating activities....................................... $  2,160  $  2,774  $  3,460
Cash flows from investing activities
Sales, maturities and repayments of:
 Fixed maturity securities................................................................   12,009    14,909    14,667
 Equity securities........................................................................       57        19       119
 Mortgage loans...........................................................................    1,434       840       704
 Limited partnerships and limited liability companies.....................................      302       254       333
Purchases of:
 Fixed maturity securities................................................................  (14,179)  (14,697)  (16,287)
 Equity securities........................................................................      (22)       (2)       (2)
 Mortgage loans...........................................................................   (3,337)   (3,896)   (2,017)
 Limited partnerships and limited liability companies.....................................     (463)     (358)     (531)
Cash received in connection with freestanding derivatives.................................    1,933     1,795     1,858
Cash paid in connection with freestanding derivatives.....................................   (2,597)   (2,879)   (3,829)
Sale of operating joint venture interest to a former affiliate............................       --        --        67
Returns of capital and dividends from subsidiaries........................................       54        25       551
Capital contributions to subsidiaries.....................................................      (75)       --       (83)
Net change in policy loans................................................................      126       105       (14)
Net change in short-term investments......................................................   (1,418)      269       711
Net change in other invested assets.......................................................       23        44       (41)
                                                                                           --------  --------  --------
Net cash provided by (used in) investing activities.......................................   (6,153)   (3,572)   (3,794)
                                                                                           --------  --------  --------
Cash flows from financing activities
Policyholder account balances:
 Deposits.................................................................................    6,117     5,064     3,845
 Withdrawals..............................................................................   (2,503)   (3,124)   (2,360)
Net change in payables for collateral under securities loaned and other transactions......     (735)      871    (3,136)
Long-term debt issued.....................................................................      412       228        --
Capital contributions.....................................................................       --        --     1,300
Capital contribution associated with the sale of operating joint venture interest to a
 former affiliate.........................................................................       --        --       202
Financing element on certain derivative instruments and other derivative related
 transactions, net........................................................................     (203)     (303)     (149)
Other, net................................................................................       (7)       (2)       --
                                                                                           --------  --------  --------
Net cash provided by (used in) financing activities.......................................    3,081     2,734      (298)
                                                                                           --------  --------  --------
Change in cash, cash equivalents and restricted cash......................................     (912)    1,936      (632)
Cash, cash equivalents and restricted cash, beginning of year.............................    3,185     1,249     1,881
                                                                                           --------  --------  --------
Cash, cash equivalents and restricted cash, end of year................................... $  2,273  $  3,185  $  1,249
                                                                                           ========  ========  ========
Supplemental disclosures of cash flow information
Net cash paid (received) for:
 Interest................................................................................. $     28  $     --  $     12
                                                                                           ========  ========  ========
 Income tax............................................................................... $     --  $   (168) $   (421)
                                                                                           ========  ========  ========
Non-cash transactions:
 Transfer of fixed maturity securities from affiliate..................................... $     --  $    417  $     --
                                                                                           ========  ========  ========
 Transfer of fixed maturity securities to former affiliate................................ $     --  $     --  $    293
                                                                                           ========  ========  ========
 Reduction of policyholder account balances in connection with reinsurance transactions... $     --  $     --  $    293
                                                                                           ========  ========  ========

        See accompanying notes to the condensed financial information.

                                      76

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                                  Schedule II

                 Notes to the Condensed Financial Information
                             (Parent Company Only)

1. Basis of Presentation

   The condensed financial information of Brighthouse Life Insurance Company
(the "Parent Company") should be read in conjunction with the consolidated
financial statements of Brighthouse Life Insurance Company and its subsidiaries
and the notes thereto (the "Consolidated Financial Statements"). These
condensed unconsolidated financial statements reflect the results of
operations, financial position and cash flows for the Parent Company.
Investments in subsidiaries are accounted for using the equity method of
accounting.

   The preparation of these condensed unconsolidated financial statements in
conformity with GAAP requires management to adopt accounting policies and make
certain estimates and assumptions. The most important of these estimates and
assumptions relate to the fair value measurements, identifiable intangible
assets and the provision for potential losses that may arise from litigation
and regulatory proceedings and tax audits, which may affect the amounts
reported in the condensed unconsolidated financial statements and accompanying
notes. Actual results could differ from these estimates.

2. Investment in Subsidiaries

   During the year ended December 31, 2019, Brighthouse Life Insurance Company
paid a cash capital contribution of $75 million to BHNY and received a cash
dividend of $28 million from BHNY. On December 30, 2019, the Delaware
Commissioner approved an extraordinary dividend of $600 million payable from
BRCD to Brighthouse Life Insurance Company. Such dividend is included in
receivable from subsidiaries at December 31, 2019. See Note 16 of the Notes to
the Consolidated Financial Statements.

   During the year ended December 31, 2017, Brighthouse Life Insurance Company
paid cash capital contributions to subsidiaries of $83 million, of which
$75 million was paid to BHNY, and received cash dividends from subsidiaries of
$544 million, of which $535 million was received from BRCD.

                                      77

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                                 Schedule III

               Consolidated Supplementary Insurance Information
                          December 31, 2019 and 2018

                                 (In millions)

                                                              Future Policy
                                                     DAC    Benefits and Other  Policyholder
                                                     and      Policy-Related      Account         Unearned        Unearned
 Segment                                               VOBA      Balances        Balances     Premiums (1), (2)  Revenue (1)
-------------------------------------------------  -------- ------------------ ------------- ------------------ ------------
 2019
 Annuities........................................   $4,168            $ 8,921       $34,810                $--         $ 86
 Life.............................................      539              5,070         2,437                 12           45
 Run-off..........................................        5             20,191         7,873                 --          151
 Corporate & Other................................       97              7,700             1                  6           --
                                                   -------- ------------------ ------------- ------------------ ------------
  Total...........................................   $4,809            $41,882       $45,121                $18         $282
                                                   ======== ================== ============= ================== ============
 2018
 Annuities........................................   $4,357            $ 8,666       $28,600                $--         $ 88
 Life.............................................      613              4,802         2,534                 13           18
 Run-off..........................................        5             17,252         8,195                 --          107
 Corporate & Other................................      111              7,596             1                  6           --
                                                   -------- ------------------ ------------- ------------------ ------------
  Total...........................................   $5,086            $38,316       $39,330                $19         $213
                                                   ======== ================== ============= ================== ============
-------------

(1) Amounts are included within the future policy benefits and other
    policy-related balances column.

(2) Includes premiums received in advance.

                                      78

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                                 Schedule III

        Consolidated Supplementary Insurance Information -- (continued)
                       December 31, 2019, 2018 and 2017

                                 (In millions)

                                                                           Policyholder
                                                                       Benefits and Claims
                                        Premiums and                           and
                                       Universal Life         Net      Interest Credited to
                                     and Investment-Type    Investment     Policyholder     Amortization of   Other
 Segment                              Product Policy Fees   Income (1)    Account Balances    DAC and VOBA    Expenses
----------------------------------  --------------------- ------------ -------------------- --------------- ----------
 2019
 Annuities.........................                $2,291       $1,786               $1,429          $  328     $1,125
 Life..............................                   728          374                  646              53        177
 Run-off...........................                   720        1,273                2,436              --        200
 Corporate & Other.................                    90           53                   58              14        307
                                    --------------------- ------------ -------------------- --------------- ----------
  Total............................                $3,829       $3,486               $4,569          $  395     $1,809
                                    ===================== ============ ==================== =============== ==========
 2018
 Annuities.........................                $2,410       $1,509               $1,603          $  901     $1,052
 Life..............................                   774          371                  637              93        214
 Run-off...........................                   777        1,311                1,923              --        202
 Corporate & Other.................                    98           44                   64              17        295
                                    --------------------- ------------ -------------------- --------------- ----------
  Total............................                $4,059       $3,235               $4,227          $1,011     $1,763
                                    ===================== ============ ==================== =============== ==========
 2017
 Annuities.........................                $2,448       $1,238               $2,140          $  141     $1,035
 Life..............................                   713          285                  681             186        237
 Run-off...........................                   715        1,358                1,788             570        278
 Corporate & Other.................                   108           92                   61              19        283
                                    --------------------- ------------ -------------------- --------------- ----------
  Total............................                $3,984       $2,973               $4,670          $  916     $1,833
                                    ===================== ============ ==================== =============== ==========
-------------

(1) See Note 2 of the Notes to the Consolidated Financial Statements for the
    basis of allocation of net investment income.

                                      79

                      Brighthouse Life Insurance Company
     (An Indirect Wholly-Owned Subsidiary of Brighthouse Financial, Inc.)

                                  Schedule IV

                           Consolidated Reinsurance
                       December 31, 2019, 2018 and 2017

                             (Dollars in millions)

                                                                                     % Amount
                                 Gross Amount     Ceded     Assumed   Net Amount   Assumed to Net
                               -------------- --------- ----------- ------------ ----------------
2019
Life insurance in-force.......       $534,106  $167,676      $8,884     $375,314              2.4%
                               ============== ========= =========== ============
Insurance premium
Life insurance (1)............       $  1,375  $    548      $   15     $    842              1.8%
Accident & health insurance...            222       217          --            5              0.0%
                               -------------- --------- ----------- ------------
 Total insurance premium......       $  1,597  $    765      $   15     $    847              1.8%
                               ============== ========= =========== ============
2018
Life insurance in-force.......       $561,218  $180,362      $9,248     $390,104              2.4%
                               ============== ========= =========== ============
Insurance premium
Life insurance (1)............       $  1,415  $    559      $   12     $    868              1.4%
Accident & health insurance...            225       224          --            1              0.0%
                               -------------- --------- ----------- ------------
 Total insurance premium......       $  1,640  $    783      $   12     $    869              1.4%
                               ============== ========= =========== ============
2017
Life insurance in-force.......       $589,488  $194,032      $9,006     $404,462              2.2%
                               ============== ========= =========== ============
Insurance premium
Life insurance (1)............       $  1,500  $    689      $   13     $    824              1.6%
Accident & health insurance...            231       227          --            4              0.0%
                               -------------- --------- ----------- ------------
 Total insurance premium......       $  1,731  $    916      $   13     $    828              1.6%
                               ============== ========= =========== ============
-------------

(1) Includes annuities with life contingencies.

   For the year ended December 31, 2019, reinsurance ceded and assumed included
related party transactions for life insurance in-force of $0 and $1.7 billion,
respectively, and life insurance premiums of $0 and $5 million, respectively.
For the year ended December 31, 2018, reinsurance ceded and assumed included
related party transactions for life insurance in-force of $0 and $1.8 billion,
respectively, and life insurance premiums of $201 million and $7 million,
respectively. For the year ended December 31, 2017, reinsurance ceded and
assumed included related party transactions for life insurance in-force of
$17.1 billion and $9.0 billion, respectively, and life insurance premiums of
$537 million and $13 million, respectively.

                                      80

PART C

OTHER INFORMATION

ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS

a. Financial Statements

The financial statements of each of the Sub-Accounts of the Separate Account are included in Part B hereof and include:

1. Report of Independent Registered Public Accounting Firm.

2. Statements of Assets and Liabilities as of December 31, 2019.

3. Statements of Operations for the year ended December 31, 2019.

4. Statements of Changes in Net Assets for the years ended December 31, 2019 and 2018.

5. Notes to the Financial Statements.

The consolidated financial statements and financial statement schedules of the Company and subsidiaries are included in Part B hereof and include:

1. Report of Independent Registered Public Accounting Firm.

2. Consolidated Balance Sheets as of December 31, 2019 and 2018.

3. Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017.

4. Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2019, 2018 and 2017.

5. Consolidated Statements of Equity for the years ended December 31, 2019, 2018 and 2017.

6. Consolidated Statements of Cash Flows for the years ended December 31, 2019, 2018 and 2017.

7. Notes to the Consolidated Financial Statements.

8. Financial Statement Schedules.

b. Exhibits

1.	(i)	Certification of Restated Resolution of Board of Directors of the Company authorizing the establishment of the Separate Account (adopted May 18, 2004). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.
	(ii)	Resolutions of the Board of Directors of MetLife Investors attached as Exhibit B to the resolutions) (adopted August 13, 2014). Incorporated herein by reference to Registrant's Registration Statement on Form N-4 (File Nos. 333-200232 and 811-03365) filed electronically on November 17, 2014.
	(iii)	Resolutions of the Board of Directors of MetLife Insurance Company of Connecticut authorizing the establishment of the Separate Account (adopted September 17, 2014). Incorporated herein by reference to Registrant's Registration Statement on Form N-4 (File Nos. 333-200232 and 811-03365) filed electronically on November 17, 2014.

2. Not Applicable.

3.	(i)a)	Distribution and Principal Underwriting Agreement between MetLife Insurance Company of Connecticut and MetLife Investors Distribution Company (effective November 24, 2009). Incorporated herein by reference to MetLife of CT Separate Account Eleven for Variable Annuities' Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-152199 and 811-21262) filed electronically on April 8, 2009.
	(i)(b)	Amendment to Distribution and Principal Underwriting Agreement between MetLife Insurance Company of Connecticut and MetLife Investors Distribution Company (dated August 18, 2014). Incorporated herein by reference to Registrant's Registration Statement on Form N-4 (File Nos. 333-200232 and 811-03365) filed electronically on November 17, 2014.

(i)(c) Amendment No. 2 to Distribution and Principal Underwriting Agreement between MetLife Insurance Company USA and MetLife Investors Distribution Company (effective December 7, 2015). Incorporated herein by reference to MetLife of CT Separate Account Eleven for Variable Annuities' Post-Effective Amendment No. 26 to Form N-4 (Files Nos. 333-101778 and 811-21262) filed electronically on April 6, 2016.

(ii) Form of Enterprise Selling Agreement 09-12 (MetLife Investors Distribution Company Sales Agreement). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 12 to Form N-4 (File Nos. 333-176374 and 811-03365) filed electronically on April 10, 2013.

(iii) Principal Underwriting and Distribution Agreement between Brighthouse Life Insurance Company and Brighthouse Securities LLC (effective March 6, 2017). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-209053 and 811-03365) filed electronically on April 12, 2017.

(iv) Form of Brighthouse Securities, LLC Sales Agreement. Incorporated herein by reference to Registrant’s Post-Effective Amendment No. 7 to Form N-4 (File Nos. 333-209053 and 811-03365) filed electronically on December 14, 2017.

4. (i) Draft Form of Individual Single Premium Deferred Variable Annuity Contract. Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on October 30, 2009.

(ii) Form of Contract Schedule. Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on October 30, 2009.

(iii) Brighthouse Life Insurance Company Name Change Endorsement (effective March 6, 2017). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-209053 and 811-03365) filed electronically on April 12, 2017.

5. Form of Variable Annuity Application. Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on October 30, 2009.

6. (i) Copy of Restated Articles of Incorporation of the Company. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(ii) Copy of the Bylaws of the Company. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(iii) Certificate of Amendment of Certificate of Incorporation filed 10/01/79 and signed 9/27/79. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(iv) Certificate of Change of Location of Registered Office and/or Registered Agent filed 2/26/80 and effective 2/8/80. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(v) Certificate of Amendment of Certification of Incorporation signed 4/26/83 and certified 2/12/85. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(vi) Certificate of Amendment of Certificate of Incorporation filed 10/22/84 and signed 10/19/84. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(vii) Certificate of Amendment of Certificate of Incorporation certified 8/31/94 and adopted 6/13/94. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(viii) Certificate of Amendment of Certificate of Incorporation of Security First Life Insurance Company (name change to MetLife Investors USA Insurance Company) filed 1/8/01 and signed 12/18/00. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(ix) Copy of Certificate of Certificate of Incorporation of the Company and Certificate of Amendment (effective December 6, 2016). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-209053 and 811-03365) filed electronically on April 12, 2017.

(x) Copy of Amended and Restated Bylaws of the Company. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-209053 and 811-03365) filed electronically on April 12, 2017.

7 (i) (a) Reinsurance Agreement between MetLife Investors USA Insurance Company and Exeter Reassurance Company, Ltd. (effective April 1, 2010) (MGGI). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 3 to Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on April 13, 2012.

(b) Amendment No. 1 to Reinsurance Agreement between MetLife Investors USA Insurance Company and Exeter Reassurance Company, Ltd. (effective October 1, 2010) (MGGI).. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 3 to Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on April 13, 2012.

(ii) (a) Automatic Reinsurance Agreement between MetLife Investors USA Insurance Company and MetLife Insurance Company of Connecticut (effective as of January 1, 2011). Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 to Form N-4 (Files Nos. 333-176374 and 811-03365) filed electronically on September 2, 2011.

(b) Amendment No. 1 to Automatic Reinsurance Agreement effective as of January 1, 2011 (Agreement) between MetLife Investors USA Insurance Company (Cedent) and MetLife Insurance Company of Connecticut (Reinsurer) amended as of April 29, 2011. Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 to Form N-4 (Files Nos. 333-176374 and 811-03365) filed electronically on September 2, 2011.

(c) Amendment No. 2 to Automatic Reinsurance Agreement effective as of January 1, 2011 (Agreement) between MetLife Investors USA Insurance Company (Cedent) and MetLife Insurance Company of Connecticut (Reinsurer) amended as of December 1, 2011. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 4 to Form N-4 (File Nos. 333-176374 and 811-03365) filed electronically on April 11, 2012.

(iii) (a) Automatic Reinsurance Agreement between MetLife Investors USA Insurance Company and Exeter Reassurance Company, Ltd. (effective January 1, 2012). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 4 to Form N-4 (File Nos. 333-176374 and 811-03365) filed electronically on April 11, 2012.

(b) Amendment No. 1 to Automatic Reinsurance Agreement effective as of January 1, 2012 (Agreement) between MetLife Investors USA Insurance Company (Cedent) and Exeter Reassurance Company, Ltd. (Reinsurer). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 5 to Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on April 11, 2013.

(iv) Automatic Reinsurance Agreement between MetLife Investors USA Insurance Company and MetLife Insurance Company of Connecticut (effective 1/1/13). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on April 9, 2014.

(v)(a) Amended and Restated Indemnity Retrocession Agreement Coverage effective as of October 1, 2005 between MetLife Insurance Company USA and Catalyst Re. Ltd. Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 to Form N-4 (File Nos. 333-200253 and 811-03365) filed electronically on April 17, 2015.

(b) Notice of Final Adjusted Recapture Payment Amount in respect of the Amended and Restated Indemnity Retrocession Agreement, effective as of October 1, 2005 between MetLife Insurance Company USA and Catalyst Re., Ltd. (effective July 31, 2015). Incorporated herein by reference to MetLife Investors USA Separate Account A's Registration Statement to Post-Effective Amendment No. 2 on Form N-4 (File Nos. 333-200253 and 811-03365) filed electronically on April 15, 2016.

8. (i) Participation Agreement Among Met Investors Series Trust, Met Investors Advisory Corp., MetLife Investors Distribution Company and MetLife Investors USA Insurance Company (effective 2-12-01). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 6 to Form N-4 (File Nos. 333-54464 and 811-03365) filed electronically on July 15, 2004.

(ii)(a) Participation Agreement Among Variable Insurance Products Funds, Fidelity Distribution Corporation and MetLife Investors USA Insurance Company (effective 11-01-05) and Sub-License Agreement between Fidelity Distributors Corporation and MetLife Investors USA Insurance Company (effective11-01-05). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 1 on Form N-4 (File Nos. 333-125756 and 811-03365) filed electronically on April 24, 2006.

(ii)(b) Amendments to the Participation Agreement Among MetLife Insurance Company USA (formerly MetLife Insurance Company of Connecticut), Fidelity Variable Insurance Products Funds and Fidelity Distributors Corporation (effective June 1, 2015, April 28, 2008, May 16, 2007 and October 1, 2005). Incorporated herein by reference to Registrant's Post-Effective Amendment No. 27 to Brighthouse Separate Account Eleven for Variable Annuities' Registration Statement on Form N-4, File Nos. 333-101778/811-21262, filed on April 5, 2017.

(ii)(c) Amended and Restated Participation Agreement Among Variable Insurance Products Funds, Fidelity Distributors Corporation and Brighthouse Life Insurance Company (effective 3-06-17). Incorporated herein by reference to Exhibit 8(l)(iv) to Post-Effective Amendment No. 29 to Brighthouse Separate Account Eleven for Variable Annuities' Registration Statement on Form N-4, File Nos. 333-101778/811-21262, filed on April 25, 2018.

9. Opinion of Counsel. Incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1 on Form N-4 (File Nos. 333-161443 and 811-03365) filed electronically on October 30, 2009.

10. Consent of Independent Registered Public Accounting Firm. (Filed herewith)

11. Not Applicable.

12. Not Applicable.

13. Powers of Attorney for Eric T. Steigerwalt, Myles J. Lambert, John L. Rosenthal, Edward A. Spehar, Conor E. Murphy and Lynn A. Dumais. (Filed herewith.)

ITEM 25. DIRECTORS AND OFFICERS OF THE DEPOSITOR

The following are the Officers and Directors who are engaged directly or indirectly in activities relating to the Registrant or the variable annuity contracts offered by the Registrant and the executive officers of the Company:

Name and Principal Business Address	Positions and Offices with Depositor
Eric T. Steigerwalt 11225 North Community House Road Charlotte, NC 28277	Director, Chairman of the Board, President and Chief Executive Officer

Myles Lambert
11225 North Community House Road
Charlotte, NC 28277 Director and Vice President

Conor Murphy
11225 North Community House Road
Charlotte, NC 28277 Director and Vice President

John Rosenthal
334 Madison Avenue
Morristown, NJ 07960 Director, Vice President and Chief Investment Officer

Edward Spehar
11225 North Community House Road
Charlotte, NC 28277 Director, Vice President and Chief Financial Officer

Michele Abate
One Financial Center, 21^st Floor
Boston, MA 02111 Vice President

Devon Arendosh
11225 North Community House Road
Charlotte, NC 28277 Vice President and Chief Information Security Officer

D. Burt Arrington
11225 North Community House Road
Charlotte, NC 28277 Vice President and Secretary

Kimberly Berwanger
11225 North Community House Road
Charlotte, NC 28277 Vice President

David Chamberlin
18205 Crane Nest Drive
Tampa, FL 33647 Vice President

Patrisha Cox
11225 North Community House Road
Charlotte, NC 28277 Vice President

Ruth Damian
11225 North Community House Road
Charlotte, NC 28277 Vice President

Kumar Das Gupta
11225 North Community House Road
Charlotte, NC 28277 Vice President

Christine DeBiase
11225 North Community House Road
Charlotte, NC 28277 Vice President, General Counsel and Assistant Secretary

David Dooley
334 Madison Avenue
Morristown, NJ 07960 Vice President

Meghan Doscher
11225 North Community House Road
Charlotte, NC 28277 Vice President

Micah Dowling
11225 North Community House Road
Charlotte, NC 28277 Vice President

Lynn Dumais
11225 North Community House Road
Charlotte, NC 28277 Vice President and Chief Accounting Officer

Tara Figard
11225 North Community House Road
Charlotte, NC 28277 Vice President

Kevin Finneran
11225 North Community House Road
Charlotte, NC 28277 Vice President and Illustration Officer

Jason Frain
11225 North Community House Road
Charlotte, NC 28277 Vice President

Jeffrey Halperin
11225 North Community House Road
Charlotte, NC 28277 Vice President and Chief Compliance Officer

James Hamalainen
11225 North Community House Road
Charlotte, NC 28277 Vice President

Christopher Hartsfield
11225 North Community House Road
Charlotte, NC 28277 Vice President and Assistant Secretary

Jeffrey Hughes
11225 North Community House Road
Charlotte, NC 28277 Vice President and Chief Technology Officer

Gregory Illson
11225 North Community House Road
Charlotte, NC 28277 Vice President

Jacob Jenkelowitz
285 Madison Avenue
New York, NY 10017 Vice President and Assistant Secretary

Donald Leintz
11225 North Community House Road
Charlotte, NC 28277 Vice President

John Lima
334 Madison Avenue
Morristown, NJ 07960 Chief Derivatives Officer

Janet Morgan
11225 North Community House Road
Charlotte, NC 28277 Vice President and Treasurer

Gerard Nigro
11225 North Community House Road
Charlotte, NC 28277 Vice President

Marie Pennington
11225 North Community House Road
Charlotte, NC 28277 Vice President

Marc Pucci
334 Madison Avenue
Morristown, NJ 07960 Vice President

Kevin Rankin
11225 North Community House Road
Charlotte, NC 28277 Vice President and Controller

Mark Reilly
11225 North Community House Road
Charlotte, NC 28277 Vice President

Roger Andrew Vigar
11225 North Community House Road
Charlotte, NC 28277 Vice President

Michael Villella
11225 North Community House Road
Charlotte, NC 28277 Vice President and Illustration Actuary

Antoine Walthour
11225 North Community House Road
Charlotte, NC 28277 Vice President

Mark Wessel
11225 North Community House Road
Charlotte, NC 28277 Vice President

James Wiviott
334 Madison Avenue
Morristown, NJ 07960 Vice President

Natalie Wright
11225 North Community House Road
Charlotte, NC 28277 Vice President

Phyllis Zanghi
11225 North Community House Road
Charlotte, NC 28277 Vice President and Tax Director

ITEM 26. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH THE DEPOSITOR OR REGISTRANT

The Registrant is a separate account of Brighthouse Life Insurance Company (“BLIC” or the “Company”) under Delaware insurance law. BLIC is an indirect subsidiary of Brighthouse Financial, Inc., a publicly traded company. The following outline indicates those entities that are controlled by Brighthouse Financial, Inc. or are under the common control of Brighthouse Financial, Inc. No person is controlled by the Registrant.

ORGANIZATIONAL STRUCTURE OF BRIGHTHOUSE FINANCIAL, INC. AND SUBSIDIARIES
AS OF DECEMBER 31, 2019

The following is a list of subsidiaries of Brighthouse Financial, Inc. as of December 31, 2019.

That entity which is listed at the left margin (labeled with a capital letter) is a direct subsidiary of Brighthouse Financial, Inc. (DE)

Each entity which is indented under another entity is a subsidiary of that other entity and, therefore, an indirect subsidiary of Brighthouse Financial, Inc.

The voting securities of the subsidiaries listed are 100% owned by their respective parent corporations. The jurisdiction of domicile of each subsidiary listed is set forth in the parenthetical following such subsidiary.

A.	Brighthouse Holdings, LLC (DE)
	1.	New England Life Insurance Company (MA)
	2.	Brighthouse Life Insurance Company (DE)
		a.	Brighthouse Reinsurance Company of Delaware (DE)

	b.		Brighthouse Life Insurance Company of NY (NY)
	c.		Brighthouse Connecticut Properties Ventures, LLC (DE)
	d.		Brighthouse Renewables Holdings, LLC (DE)
		(i.)	Greater Sandhill I, LLC (DE)
	e.		Daniel/Brighthouse Midtown Atlanta Master Limited Liability Company (DE)
		(i.)	1075 Peachtree LLC (DE)
	f.		Brighthouse Assignment Company (CT)
	g.		ML 1065 Hotel, LLC (DE)
	h.		TIC European Real Estate LP, LLC (DE)
	i.		Euro TL Investments LLC (DE)
	j.		TLA Holdings LLC (DE)
		(i.)	The Prospect Company (DE)
	k.		Euro TI Investments LLC (DE)
	l.		TLA Holdings II LLC (DE)
3.	Brighthouse Securities, LLC (DE)
4.	Brighthouse Services, LLC (DE)
5.	Brighthouse Investment Advisers, LLC (DE)

ITEM 27. NUMBER OF CONTRACT OWNERS

As of January 31, 2020, there were 349,808 owners of qualified contracts and 145,229 owners of non-qualified contracts offered by the Registrant (Brighthouse Separate Account A).

ITEM 28. INDEMNIFICATION

Pursuant to applicable provisions of Brighthouse Life Insurance Company’s by-laws or internal corporate policies adopted by Brighthouse Life Insurance Company or Brighthouse Financial, Inc., its ultimate parent, the directors, officers and other controlling persons of Brighthouse Life Insurance Company and of Brighthouse Life Insurance Company’s affiliate and the underwriter, Brighthouse Securities, LLC, who are made or threatened to be made a party to an action or proceeding, may be eligible to obtain indemnification against judgments, fines, amounts paid in settlement and reasonable expenses, including attorneys’ fees, incurred as a result of such action or proceeding. Under the principal underwriting agreement between Brighthouse Life Insurance Company and Brighthouse Securities, LLC the parties have agreed to indemnify each other against certain liabilities and expenses from legal proceedings arising out of Brighthouse Securities LLC’s distribution of the Contracts.

Brighthouse Financial, Inc. also maintains directors and officers and professional liability insurance policies under which the Registrant, the Depositor and the Underwriter, as well as certain other Brighthouse subsidiaries, are covered. Brighthouse Financial, Inc. also has secured a financial institutions bond.

Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

ITEM 29.	PRINCIPAL UNDERWRITERS
(a)	Brighthouse Securities, LLC is the principal underwriter for the following investment companies (including the Registrant):

Brighthouse Fund UL for Variable Life Insurance
Brighthouse Fund UL III for Variable Life Insurance
Brighthouse Funds Trust I
Brighthouse Funds Trust II
Brighthouse Separate Account A
Brighthouse Separate Account Eleven for Variable Annuities
Brighthouse Separate Account QPN for Variable Annuities
Brighthouse Variable Annuity Account B
Brighthouse Variable Annuity Account C
Brighthouse Variable Life Account A
Brighthouse Variable Life Account One
New England Variable Annuity Separate Account
New England Variable Life Separate Account

(b) Brighthouse Securities, LLC is the principal underwriter for the Contracts. The following persons are the officers and managers of Brighthouse Securities, LLC. The principal business address for Brighthouse Securities, LLC is 11225 North Community House Road, Charlotte, NC 28277.

Name and Principal Business Address Positions and Offices with Underwriter

Myles Lambert
11225 North Community House Road
Charlotte, NC 28277  Manager, President and Chief Executive Officer

Philip Beaulieu
11225 North Community House Road
Charlotte, NC 28277  Manager and Vice President

Melissa Cox
11225 North Community House Road
Charlotte, NC 28277  Manager and Vice President

Michael Davis
11225 North Community House Road
Charlotte, NC 28277  Manager and Vice President

Gerard Nigro
11225 North Community House Road
Charlotte, NC 28277  Manager and Vice President

Jeffrey Halperin
11225 North Community House Road
Charlotte, NC 28277  Vice President, General Counsel and Chief Compliance Officer

Phyllis Zanghi
11225 North Community House Road
Charlotte, NC 28277  Vice President and Tax Director

Donald Leintz
11225 North Community House Road
Charlotte, NC 28277  Vice President

Christopher Hartsfield
11225 North Community House Road
Charlotte, NC 28277  Vice President and Assistant Secretary

Janet Morgan
11225 North Community House Road
Charlotte, NC 28277  Vice President and Treasurer

Jacob Jenkelowitz
285 Madison Avenue
New York, NY 10017  Vice President and Assistant Secretary

D. Burt Arrington
11225 North Community House Road
Charlotte, NC 28277  Vice President and Secretary

John Lima
334 Madison Avenue Floor 3
Morristown, NJ 07960  Vice President and Chief Derivatives Officer

Kevin Rankin
11225 North Community House Road
Charlotte, NC 28277   Vice President and Chief Financial Officer

James Wiviott
334 Madison Avenue, Floor 3
Morristown, NJ 07960  Vice President

(c) Compensation to the Distributor. The following aggregate amount of commissions and other compensation was received by the Distributor, directly or indirectly, from the Registrant and the other separate accounts of the Depositor, which also issue variable annuity contracts, during their last fiscal year:

(1) Name of Principal Underwriter	(2) Net Underwriting Discounts And Commissions	(3) Compensation On Redemption	(4) Brokerage Commissions	(5) Other Compensation
Brighthouse Securities, LLC	$649,095,230	$0	$0	$0

ITEM 30. LOCATION OF ACCOUNTS AND RECORDS

Omitted.

ITEM 31. MANAGEMENT SERVICES

Pursuant to a services agreement, the amount paid by Brighthouse Securities, LLC on behalf of BLIC to Fidelity Investments Life Insurance for the provisions of certain administrative and recordkeeping services related to the Brighthouse Growth and Income Variable Annuity Contracts for the period ended December 31, 2018 was $10,035,586, and for the period ended December 31, 2019 was $9,048,655.

ITEM 32.	UNDERTAKINGS
a.	Registrant hereby undertakes to file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in the registration statement are never more than sixteen (16) months old for so long as payment under the variable annuity contracts may be accepted.
b.	Registrant hereby undertakes to include either (1) as part of any application to purchase a contract offered by the Prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a postcard or similar written communication affixed to or included in the Prospectus that the applicant can remove to send for a Statement of Additional Information.

c. Registrant hereby undertakes to deliver any Statement of Additional Information and any financial statement required to be made available under this Form promptly upon written or oral request.

REPRESENTATIONS

Brighthouse Life Insurance Company ("Company") hereby represents that the fees and charges deducted under the Contracts described in the Prospectus, in the aggregate, are reasonable in relation to the services rendered, the expenses to be incurred and the risks assumed by the Company.

The Company hereby represents that it is relying upon the Securities and Exchange Commission No-Action Letter issued to the American Council of Life Insurance dated November 28, 1988 (Commission ref. IP-6-88) and that the following provisions have been complied with:

1. Include appropriate disclosure regarding the redemption restrictions imposed by Section 403(b)(11) in each registration statement, including the prospectus, used in connection with the offer of the contract;

2. Include appropriate disclosure regarding the redemption restrictions imposed by Section 403(b)(11) in any sales literature used in connection with the offer of the contract;

3. Instruct sales representatives who solicit participants to purchase the contract specifically to bring the redemption restrictions imposed by Section 403(b)(11) to the attention of the potential participants;

4. Obtain from each plan participant who purchases a Section 403(b) annuity contract, prior to or at the time of such purchase, a signed statement acknowledging the participant's understanding of (1) the restrictions on redemption imposed by Section 403(b)(11), and (2) other investment alternatives available under the employer's Section 403(b) arrangement to which the participant may elect to transfer his contract value.

SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this registration statement and has caused this registration statement to be signed on its behalf, in the city of Charlotte, and state of North Carolina, on the 8th day of April, 2020.

BRIGHTHOUSE SEPARATE ACCOUNT A (Registrant)
By:	BRIGHTHOUSE LIFE INSURANCE COMPANY
By:	/s/ Gregory E. Illson
	Gregory E. Illson Vice President

By:	BRIGHTHOUSE LIFE INSURANCE COMPANY
	(Depositor)
By:	/s/ Gregory E. Illson
	Gregory E. Illson Vice President

As required by the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on April 8, 2020.

/s/ Eric T. Steigerwalt* Eric T. Steigerwalt	Chairman of the Board, President, Chief Executive Officer and a Director
/s/ Myles J. Lambert* Myles J. Lambert	Director and Vice President
/s/ Conor E. Murphy* Conor E. Murphy	Director and Vice President
/s/ John L. Rosenthal* John L. Rosenthal	Director, Vice President and Chief Investment Officer
/s/ Edward A. Spehar* Edward A. Spehar	Director, Vice President and Chief Financial Officer
/s/ Lynn A. Dumais* Lynn A. Dumais	Vice President and Chief Accounting Officer

*By:	/s/ Michele H. Abate
	Michele H. Abate, Attorney-In-Fact April 8, 2020

* Brighthouse Life Insurance Company. Executed by Michele H. Abate, Esquire on behalf of those indicated pursuant to powers of attorney filed herewith.

INDEX TO EXHIBITS

10. Consent of Independent Registered Public Accounting Firm (Deloitte & Touche LLP)

13. Powers of Attorney