Brighthouse Financial, Inc. files 10-Q

Brighthouse Financial, Inc. reported a net loss of $792 million for the first quarter of 2026, a significant increase from the prior year's loss of $294 million, primarily due to unfavorable market conditions impacting their variable annuity business and derivative hedges. The company also announced a definitive agreement to be acquired by Aquarian Holdings VI L.P. for $70.00 per share in cash.