0000000000-23-007206.txt : 20231117 0000000000-23-007206.hdr.sgml : 20231117 20230706143008 ACCESSION NUMBER: 0000000000-23-007206 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230706 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: BRIGHTHOUSE LIFE INSURANCE Co CENTRAL INDEX KEY: 0000733076 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 060566090 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 11225 NORTH COMMUNITY HOUSE ROAD CITY: CHARLOTTE STATE: NC ZIP: 28277 BUSINESS PHONE: 617-578-3514 MAIL ADDRESS: STREET 1: 11225 NORTH COMMUNITY HOUSE ROAD CITY: CHARLOTTE STATE: NC ZIP: 28277 FORMER COMPANY: FORMER CONFORMED NAME: MetLife Insurance Co USA DATE OF NAME CHANGE: 20141118 FORMER COMPANY: FORMER CONFORMED NAME: MetLife Insurance CO of Connecticut DATE OF NAME CHANGE: 20060512 FORMER COMPANY: FORMER CONFORMED NAME: TRAVELERS INSURANCE CO DATE OF NAME CHANGE: 19920703 PUBLIC REFERENCE ACCESSION NUMBER: 0000733076-23-000003 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 10-K Filed March 1, 2023 Note 10. Equity - Statutory Financial Information, page 125 1. Please tell us and revise future filings to disclose the amount of statutory capital and surplus necessary to satisfy regulatory requirements. Refer to ASC 944-505-50-1 for guidance. Form 10-Q Filed May 11, 2023 Non-GAAP Financial Disclosures, page 62 2. We note your reconciliation of net income/(loss) available to shareholders to adjusted earnings on page 64. Please provide us detail of the underlying adjustments in the Other adjustments reconciling item for each quarter presented and provide us relevant facts and circumstances to explain what the items represent and why you adjust for them. 3. Please tell us and revise future filings to disclose how you calculate the provision for Edward Spehar BRIGHTHOUSE LIFE INSURANCE Co July 6, 2023 Page 2 income tax related to your adjusted earnings Non-GAAP measure. 4. Please tell us how you considered whether each of the change in market risk benefits adjustments and the other adjustments used to calculate adjusted earnings have the effect of changing the recognition and measurement principles required to be applied in accordance with GAAP. Additionally, please tell us if you believe the resulting consolidated measure of adjusted earnings is misleading and violates Rule 100(b) of Regulation G. Please refer to Questions 100.04 and 104.04 of the Compliance and Disclosure Interpretations on Non-GAAP Financial Measures for guidance. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Michael Volley at (202) 551-3437 or Amit Pande at (202) 551- 3423 with any questions. FirstName LastNameEdward Spehar Sincerely, Comapany NameBRIGHTHOUSE LIFE INSURANCE Co Division of Corporation Finance July 6, 2023 Page 2 Office of Finance FirstName LastName