BHFAM — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• For the six months ended June 30, 2026, we had net income available to shareholders of $164 million and adjusted earnings of $497 million compared to a net loss available to shareholders of $234 million and adjusted earnings of $433 million for the six months ended June 30, 2025. Net income availabl…

• The Merger Agreement was adopted by stockholders at the special meeting held on February 12, 2026, and the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired. On May 19, 2026, the Financial Industry Regulatory Authority (“FINRA”) approve…

• However, the completion of the Merger remains subject to the receipt of insurance regulatory approvals in Delaware, New York and Massachusetts. All other conditions to the closing of the Merger have been satisfied or waived (other than those conditions that, by their terms, are to be satisfied at th…

• Throughout this Management’s Discussion and Analysis of Financial Condition and Results of Operations, we discuss a number of trends and uncertainties that we believe may materially affect our future financial condition, results of operations or cash flows. Where these trends or uncertainties are sp…

• •higher pre-tax adjusted earnings, as discussed in greater detail below;

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• The Merger Agreement was adopted by stockholders at the special meeting held on February 12, 2026, and the applicable waiting period under the Hart-Scott Rodino Antitrust Improvement Act of 1976, as amended, has expired. The Merger is expected to close in 2026. However, the completion of the Merger …

• Throughout this Management’s Discussion and Analysis of Financial Condition and Results of Operations, we discuss a number of trends and uncertainties that we believe may materially affect our future financial condition, results of operations or cash flows. Where these trends or uncertainties are sp…

• discussion of financial and economic impacts on our business, including the potential impacts of interest rate risk and inflation risk on our investments and overall business.

• The increase in loss before provision for income tax was partially offset by the following favorable items:

• Consolidated Results for the Three Months Ended March 31, 2026 and 2025 — Adjusted Earnings (Loss)