BHNY was incorporated on December 31, 1992 as a New York stock life insurance company and is licensed to do business only in the state of New York. The Company offers a range of individual annuities and individual life insurance products in New York. The Company is organized into two reporting segments: Annuities and Life. In addition, the Company reports certain of its results of operations in Corporate & Other. See “— Segments and Corporate & Other,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview” and Note 2 of the Notes to the Financial Statements for further information on the Company’s segments and Corporate & Other.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST METLIFE INVESTORS INSURANCE CO
SEC CIK
Latest filings (excl ownership)
POS AM
Prospectus update (post-effective amendment)
5 Apr 24
424B3
Prospectus supplement
2 Oct 23
424B3
Prospectus supplement
2 Oct 23
424B3
Prospectus supplement
2 Oct 23
424B3
Prospectus supplement
2 Oct 23
424B3
Prospectus supplement
2 May 23
424B3
Prospectus supplement
2 May 23
424B3
Prospectus supplement
2 May 23
424B3
Prospectus supplement
2 May 23
EFFECT
Notice of effectiveness
2 May 23
Latest ownership filings
No filings
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 439.00 mm | 439.00 mm | 439.00 mm | 439.00 mm | 439.00 mm | 439.00 mm |
Cash burn (monthly) | 45.00 mm | 2.50 mm | 19.00 mm | 8.33 mm | 13.33 mm | (no burn) |
Cash used (since last report) | 974.61 mm | 54.14 mm | 411.50 mm | 180.48 mm | 288.77 mm | n/a |
Cash remaining | -535.61 mm | 384.86 mm | 27.50 mm | 258.52 mm | 150.23 mm | n/a |
Runway (months of cash) | -11.9 | 153.9 | 1.4 | 31.0 | 11.3 | n/a |