Peter M. Carlson to Become Executive Vice President and Chief Operating Officer of Brighthouse Financial, Inc., Effective June 1, 2017
April 17, 2017 at 08:43 am
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On April 17, 2017, MetLife, Inc. announced that, effective June 1, 2017, Peter M. Carlson will become Executive Vice President and Chief Operating Officer of its Brighthouse Financial, Inc. subsidiary and leave his role as Company Executive Vice President and Chief Accounting Officer.
Brighthouse Financial, Inc. is annuities and life insurance provider. The Companyâs segments include Annuities, Life, and Run-off. The Annuities segment consists of a variety of variable, fixed, index-linked and income annuities designed to address contract holderâs needs for protected wealth accumulation on a tax-deferred basis, wealth transfer and income security. The Life segment consists of insurance products and services, including term, universal, whole, and variable life products designed to address policyholdersâ needs for financial security and protected wealth transfer, which may be on a tax-advantaged basis. The Run-off segment consists of products that are separately managed, including universal life with secondary guarantees, structured settlements, pension risk transfer contracts, certain Company-owned life insurance policies and certain funding agreements. Its mortgage loans are principally collateralized by commercial, agricultural, and residential properties.