Shares of Brighthouse Financial, MetLife Inc.’s spun-off insurance operation, will begin trading Monday in the industry’s latest response to nearly a decade of ultralow rates. Brighthouse is built around MetLife’s historic core selling life insurance to U.S. households. In recent decades, the unit grew to be one of the nation’s biggest sellers of retirement-income annuities to consumers. But the ultralow interest rates ushered in by...

Source: Wall Street Journal August 05, 2017 12:00 UTC