Brighthouse Financial, Inc. (NASDAQ:BHF) Q1 2022 Results Earnings Conference Call May 10, 2022 8:00 AM ET

Company Participants

Dana Amante - Head, Investor Relations

Eric Steigerwalt - President and Chief Executive Officer

Ed Spehar - Chief Financial Officer

Myles Lambert - Head, Marketing

Conference Call Participants

Ryan Krueger - KBW

Elyse Greenspan - Wells Fargo

Erik Bass - Autonomous Research

Tracy Benguigui - Barclays

Alex Scott - Goldman Sachs

Tom Gallagher - Evercore

Suneet Kamath - Jefferies

Operator

Good morning, ladies and gentlemen and welcome to Brighthouse Financial's First Quarter 2022 Earnings Conference Call. My name is Kevin, I'll be your coordinator today. At this time, all participants are in a listen-only mode. We will facilitate a question-and-answer session towards end of the conference call. In fairness to all participants, please limit yourself to one question and one follow up. As a reminder, this conference is being recorded for replay purposes. Also, we ask that you retain from using cell phones, speakerphones or headsets during the question-and-answer portion of today’s call.

I would now like to turn the call over to Dana Amante, Head of Investor Relations. Ms. Amante, you may proceed.

Dana Amante

Thank you. Good morning. And thank you for joining Brighthouse Financial's first quarter 2022 earnings call. Materials for today's call were released last night and can be found on the Investor Relations section of our website. We encourage you to review all of these materials.

Today, you will hear from Eric Steigerwalt, our President and Chief Executive Officer; and Ed Spehar, our Chief Financial Officer. Following our prepared comments, we will open the call up for a question-and-answer period. Also here with us today to participate in the discussions are other members of senior management.

Before we begin, I would like to note, that our discussion during this call may include forward-looking statements within the meaning of the federal securities laws. Brighthouse Financial's actual results may differ materially from the results anticipated in the forward-looking statements as a result of risks and uncertainties described from time-to-time in Brighthouse Financial's filings within the U.S. Securities and Exchange Commission. Information discussed on today's call speaks only as of today, May 10, 2022. The company undertakes no obligation to update any information discussed on today's call.

During this call, we will be discussing certain financial measures that are not based on generally accepted accounting principles also known as non-GAAP measures. Reconciliations of these non-GAAP measures on a historical basis to the most directly comparable GAAP measures and related definitions maybe found on the Investor Relations portion of our website, in our earnings presentation, slide presentation and financial supplement. And finally, references to statutory results, including certain statutory-based measures used by management, are preliminary due to the timing of the filing of the statutory statements.