Capital PositionBHF is in the final stages of a 3rd-party reinsurance deal that should increase its pro-forma RBC to the low end of its 400-450% target range.
EarningsBHF reported Q4 EPS of $5.07, above estimates and consensus, indicating stronger-than-expected earnings performance.
Strategic InitiativesStrategic initiatives, including a hedging/reinsurance deal, totaled north of $400m benefit to statutory earnings.