Brighthouse Financial adopts LDTI accounting, issues recast Q4 2022 financial supplement

Brighthouse Financial, Inc.

Adopted ASU 2018-12 (LDTI) on Jan 1, 2023, altering accounting for long-duration contracts.
Recast Q4 2022 financial supplement replaces prior version furnished Feb 9, 2023.
Recast supplement provided ahead of Q1 2023 Form 10-Q to aid investor understanding.
Company warns future filings may differ materially from recast supplement.

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