##### Table of Contents





UNITED STATES SECURITIES AND
    EXCHANGE COMMISSIONWashington, D.C.
    20549
      Form 10-Q
  (Mark One)þ

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934FOR THE
    QUARTERLY PERIOD ENDED MARCH 31,
    2011ORo

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934FOR THE TRANSITION PERIOD
    FROM          TO   Commission file number:
    33-03094
      MetLife Insurance Company of
    Connecticut
 (Exact name of registrant as
    specified in its charter)
  Connecticut(State or other jurisdiction
    of
    incorporation or organization)

06-0566090(I.R.S. Employer
    Identification No.)1300 Hall Boulevard, Bloomfield, Connecticut(Address of principal
    executive offices)

06002(Zip
    Code)   (860) 656-3000
 (Registrants telephone
    number, including area code)
  þ o
  Regulation S-T o o
  Rule 12b-2
  Large accelerated
    filer o

Accelerated
    filer oNon-accelerated
    filer þ
    (Do not check if a smaller reporting company)

Smaller reporting company
    o   Rule 12b-2 o þ
    REDUCED
    DISCLOSURE FORMAT
  The registrant meets the conditions set forth in General
    Instruction H(1)(a) and (b) of
    Form 10-Q
    and is, therefore, filing this
    Form 10-Q
    with the reduced disclosure format.




---



##### 





Table of
    Contents
   
 PagePart I  Financial
    InformationItem 1. Financial Statements(at
    March 31, 2011 (Unaudited) and December 31, 2010 and
    for the Three Months Ended March 31, 2011 and 2010
    (Unaudited))


5Interim Condensed Consolidated Balance Sheets


5Interim Condensed Consolidated Statements of
    Operations


6Interim Condensed Consolidated Statements of
    Stockholders Equity


7Interim Condensed Consolidated Statements of Cash
    Flows


9Notes to the Interim Condensed Consolidated
    Financial Statements


10Item 2. Managements Discussion and
    Analysis of Financial Condition and Results of Operations


83Item 4. Controls and Procedures


89Part II  Other
    Information


90Item 1. Legal Proceedings


90Item 1A. Risk Factors


90Item 6. Exhibits


92Signatures


93Exhibit Index


E-1EX-31.1EX-31.2EX-32.1EX-32.2   2




---



##### Table of Contents



As used in this
    Form 10-Q,
    MICC, the Company, we,
    our and us refer to MetLife Insurance
    Company of Connecticut, a Connecticut corporation incorporated
    in 1863, and its subsidiaries, including MetLife Investors USA
    Insurance Company (MLI-USA). MetLife Insurance
    Company of Connecticut is a wholly-owned subsidiary of MetLife,
    Inc. (MetLife).
  Note
    Regarding Forward-Looking Statements
  Form 10-Q,
  and/or
 3




---



##### Table of Contents



Note
    Regarding Reliance on Statements in Our Contracts
  Form 10-Q,
  
    should not in all instances be treated as categorical statements
    of fact, but rather as a way of allocating the risk to one of
    the parties if those statements prove to be inaccurate;
    have been qualified by disclosures that were made to the other
    party in connection with the negotiation of the applicable
    agreement, which disclosures are not necessarily reflected in
    the agreement;
    may apply standards of materiality in a way that is different
    from what may be viewed as material to investors; and
    were made only as of the date of the applicable agreement or
    such other date or dates as may be specified in the agreement
    and are subject to more recent developments.  Form 10-Q
 4




---



##### Table of Contents



Part I 
    Financial Information  Item 1.
    Financial
    Statements  MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)Interim Condensed Consolidated
    Balance SheetsMarch 31, 2011 (Unaudited) and
    December 31, 2010
    (In millions, except share and per share data)
  March 31, 2011


December 31, 2010AssetsInvestments:Fixed maturity securities
    available-for-sale,
    at estimated fair value (amortized cost: $44,390 and $44,132,
    respectively)

$
45,100


$
44,924Equity securities
    available-for-sale,
    at estimated fair value (cost: $431 and $427, respectively)


424



405Other securities, at estimated fair value


2,625



2,247Mortgage loans (net of valuation allowances of $84 and $87,
    respectively; includes $6,771 and $6,840, respectively, at
    estimated fair value, relating to variable interest entities)


12,634



12,730Policy loans


1,186



1,190Real estate and real estate joint ventures


511



501Other limited partnership interests


1,616



1,538Short-term investments, principally at estimated fair value


1,166



1,235Other invested assets, principally at estimated fair value


1,558



1,716Total investments


66,820



66,486Cash and cash equivalents, principally at estimated fair value


1,796



1,928Accrued investment income (includes $30 and $31, respectively,
    relating to variable interest entities)


569



559Premiums, reinsurance and other receivables


16,616



17,008Deferred policy acquisition costs and value of business acquired


5,297



5,099Current income tax recoverable


32



38Deferred income tax assets


337



356Goodwill


953



953Other assets


1,846



839Separate account assets


66,280



61,619Total assets

$
160,546


$
154,885Liabilities and Stockholders EquityLiabilitiesFuture policy benefits

$
23,371


$
23,198Policyholder account balances


40,432



39,291Other policy-related balances


2,705



2,652Payables for collateral under securities loaned and other
    transactions


7,718



8,103Long-term debt (includes $6,693 and $6,773, respectively, at
    estimated fair value, relating to variable interest entities)


7,488



7,568Other liabilities (includes $30 and $31, respectively, relating
    to variable interest entities)


4,490



4,503Separate account liabilities


66,280



61,619Total liabilities


152,484



146,934Contingencies, Commitments and Guarantees (Note 5)Stockholders EquityCommon stock, par value $2.50 per share; 40,000,000 shares
    authorized; 34,595,317 shares issued and outstanding at
    March 31, 2011 and December 31, 2010


86



86Additional paid-in capital


6,719



6,719Retained earnings


1,094



934Accumulated other comprehensive income (loss)


163



212Total stockholders equity


8,062



7,951Total liabilities and stockholders equity

$
160,546


$
154,885   See accompanying notes to the interim condensed consolidated
    financial statements.
 5




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)Interim Condensed Consolidated
    Statements of OperationsFor the Three Months Ended March 31, 2011
    and 2010 (Unaudited)
    (In millions)
  Three MonthsEndedMarch 31,2011


2010RevenuesPremiums

$
136


$
455Universal life and investment-type product policy fees


455



369Net investment income


788



790Other revenues


130



110Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(9
)


(34
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive income (loss)


(2
)


16Other net investment gains (losses)


(3
)


55Total net investment gains (losses)


(14
)


37Net derivative gains (losses)


(156
)


(308
)Total revenues


1,339



1,453ExpensesPolicyholder benefits and claims


327



694Interest credited to policyholder account balances


287



316Other expenses


504



419Total expenses


1,118



1,429Income (loss) before provision for income tax


221



24Provision for income tax expense (benefit)


61



(8
)Net income

$
160


$
32   See accompanying notes to the interim condensed consolidated
    financial statements.
 6




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)Interim Condensed Consolidated
    Statements of Stockholders EquityFor the Three Months Ended March 31, 2011
    (Unaudited)
    (In millions)
  Accumulated OtherComprehensive Income (Loss)Net





ForeignAdditional





Unrealized


Other-Than-


CurrencyCommon


Paid-in


Retained


Investment


Temporary


Translation


TotalStock


Capital


Earnings


Gains (Losses)


Impairments


Adjustments


EquityBalance at December 31, 2010

$
86


$
6,719


$
934


$
388


$
(51
)

$
(125
)

$
7,951Comprehensive income (loss):Net income










160















160Other comprehensive income (loss):Unrealized gains (losses) on derivative instruments, net of
    income tax














(15
)










(15
)Unrealized investment gains (losses), net of related offsets and
    income tax














(50
)


3







(47
)Foreign currency translation adjustments, net of income tax






















13



13Other comprehensive income (loss)


























(49
)Comprehensive income (loss)


























111Balance at March 31, 2011

$
86


$
6,719


$
1,094


$
323


$
(48
)

$
(112
)

$
8,062   See accompanying notes to the interim condensed consolidated
    financial statements.
 7




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Interim Condensed Consolidated Statements of Stockholders
    Equity  (Continued)
    For the Three Months Ended March 31, 2010 (Unaudited)
    (In millions)
  Accumulated OtherComprehensive Income (Loss)Net





ForeignAdditional





Unrealized


Other-Than-


CurrencyCommon


Paid-in


Retained


Investment


Temporary


Translation


TotalStock


Capital


Earnings


Gains (Losses)


Impairments


Adjustments


EquityBalance at December 31, 2009

$
86


$
6,719


$
541


$
(593
)

$
(83
)

$
(109
)

$
6,561Cumulative effect of change in accounting principle, net of
    income tax










(34
)


23



11







Balance at January 1, 2010


86



6,719



507



(570
)


(72
)


(109
)


6,561Comprehensive income (loss):Net income










32















32Other comprehensive income (loss):Unrealized gains (losses) on derivative instruments, net of
    income tax














4











4Unrealized investment gains (losses), net of related offsets and
    income tax














369



(2
)






367Foreign currency translation adjustments, net of income tax






















(7
)


(7
)Other comprehensive income (loss)


























364Comprehensive income (loss)


























396Balance at March 31, 2010

$
86


$
6,719


$
539


$
(197
)

$
(74
)

$
(116
)

$
6,957   See accompanying notes to the interim condensed consolidated
    financial statements.
 8




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)Interim Condensed Consolidated
    Statements of Cash FlowsFor the Three Months Ended March 31, 2010
    and 2009 (Unaudited)
    (In millions)
  Three MonthsEndedMarch 31,2011


2010Net cash (used in) provided by operating activities

$
(3
)

$
484Cash flows from investing activitiesSales, maturities and repayments of:Fixed maturity securities


3,973



3,329Equity securities


19



8Mortgage loans


210



205Real estate and real estate joint ventures


5



6Other limited partnership interests


63



3Purchases of:Fixed maturity securities


(4,005
)


(4,454
)Equity securities


(5
)


(23
)Mortgage loans


(90
)


(113
)Real estate and real estate joint ventures


(39
)


(41
)Other limited partnership interests


(84
)


(47
)Cash received in connection with freestanding derivatives


194



23Cash paid in connection with freestanding derivatives


(145
)


(52
)Net change in policy loans


4



(2
)Net change in short-term investments


63



303Net change in other invested assets


(151
)


(19
)Other, net


1



1Net cash provided by (used in) investing activities


13



(873
)Cash flows from financing activitiesPolicyholder account balances:Deposits


5,877



5,517Withdrawals


(5,545
)


(5,655
)Net change in payables for collateral under securities loaned
    and other transactions


(385
)


104Long-term debt repaid


(86
)


(185
)Financing element on certain derivative instruments


(8
)


(11
)Net cash used in financing activities


(147
)


(230
)Effect of change in foreign currency exchange rates on cash and
    cash equivalents balances


5



(20
)Change in cash and cash equivalents


(132
)


(639
)Cash and cash equivalents, beginning of period


1,928



2,574Cash and cash equivalents, end of period

$
1,796


$
1,935Supplemental disclosures of cash flow information:Net cash paid during the period for:Interest

$
96


$
113Income tax

$
2


$
22   See accompanying notes to the interim condensed consolidated
    financial statements.
 9




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)Notes to the Interim Condensed Consolidated
    Financial Statements (Unaudited)
  1.
    Business,
    Basis of Presentation and Summary of Significant Accounting
    Policies  Business
    Basis
    of Presentation
            
    Reclassification from other net investment gains (losses) of
    ($308) million to net derivative gains (losses) in the
    consolidated statements of operations for the three months ended
    March 31, 2010; and
    Reclassifications related to operating revenues and expenses
    that affected results of operations on a segment and
    consolidated basis. See Note 7.    Form 10-K
 10




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Adoption
    of New Accounting Pronouncements
        Future
    Adoption of New Accounting Pronouncements
  2011-03, Transfers and Servicing (Topic 860): Reconsideration of
    Effective Control for Repurchase Agreements
  2011-02, Receivables (Topic 310): A Creditors Determination of
    Whether a Restructuring Is a Troubled Debt Restructuring
  2010-26, Accounting for Costs Associated with Acquiring or Renewing
    Insurance Contracts
 11




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    2.
    Investments  Fixed
    Maturity and Equity Securities
    Available-for-Sale
  other-than-temporary
  March 31, 2011Cost or


Gross Unrealized


EstimatedAmortized





Temporary


OTTI


Fair


% ofCost


Gains


Losses


Losses


Value


Total(In millions)Fixed Maturity Securities:U.S. corporate securities

$
14,938


$
763


$
269


$



$
15,432



34.2
%Foreign corporate securities


8,215



473



94







8,594



19.0U.S. Treasury and agency securities


7,640



84



185







7,539



16.7Residential mortgage-backed securities (RMBS)


6,870



191



166



73



6,822



15.1Commercial mortgage-backed securities (CMBS)


2,107



102



19







2,190



4.9Asset-backed securities (ABS)


1,898



42



80



7



1,853



4.1State and political subdivision securities


1,905



26



144







1,787



4.0Foreign government securities


817



70



4







883



2.0Total fixed maturity securities (1), (2)

$
44,390


$
1,751


$
961


$
80


$
45,100



100.0
%Equity Securities:Non-redeemable preferred stock (1)

$
301


$
12


$
40


$



$
273



64.4
%Common stock


130



22



1







151



35.6Total equity securities

$
431


$
34


$
41


$



$
424



100.0
%   12




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  December 31, 2010Cost or


Gross Unrealized


EstimatedAmortized





Temporary


OTTI


Fair


% ofCost


Gains


Losses


Losses


Value


Total(In millions)Fixed Maturity Securities:U.S. corporate securities

$
14,860


$
816


$
302


$



$
15,374



34.2
%Foreign corporate securities


8,095



502



127







8,470



18.8U.S. Treasury and agency securities


7,665



143



132







7,676



17.1RMBS


6,803



203



218



79



6,709



14.9CMBS


2,203



113



39







2,277



5.1ABS


1,927



44



95



7



1,869



4.2State and political subdivision securities


1,755



22



131







1,646



3.7Foreign government securities


824



81



2







903



2.0Total fixed maturity securities (1), (2)

$
44,132


$
1,924


$
1,046


$
86


$
44,924



100.0
%Equity Securities:Non-redeemable preferred stock (1)

$
306


$
9


$
47


$



$
268



66.2
%Common stock


121



17



1







137



33.8Total equity securities

$
427


$
26


$
48


$



$
405



100.0
%     (1)
    
    Upon acquisition, the Company classifies perpetual securities
    that have attributes of both debt and equity as fixed maturity
    securities if the security has an interest rate
    step-up
    feature which, when combined with other qualitative factors,
    indicates that the security has more debt-like characteristics;
    while those with more equity-like characteristics, are
    classified as equity securities within non-redeemable preferred
    stock. Many of such securities have been issued by
    non-U.S.
    financial institutions that are accorded Tier 1 and Upper
    Tier 2 capital treatment by their respective regulatory
    bodies and are commonly referred to as perpetual hybrid
    securities. The following table presents the perpetual
    hybrid securities held by the Company at:  Classification

March 31, 2011

December 31, 2010Estimated

EstimatedFair

FairConsolidated Balance Sheets

Sector Table

Primary Issuers

Value

Value(In millions)Equity securities

Non-redeemable preferred stock

Non-U.S. financial institutions

$
206


$
202Equity securities

Non-redeemable preferred stock

U.S. financial institutions

$
33


$
35Fixed maturity securities

Foreign corporate securities

Non-U.S. financial institutions

$
394


$
450Fixed maturity securities

U.S. corporate securities

U.S. financial institutions

$
10


$
10     (2)
    
    The Companys holdings in redeemable preferred stock with
    stated maturity dates, commonly referred to as capital
    securities, were primarily issued by U.S. financial
    institutions and have cumulative interest deferral features. The
    Company held $493 million and $645 million at
    estimated fair value of such securities at March 31, 2011
    and December 31, 2010, respectively, which are included in
    the U.S. and foreign corporate securities sectors within fixed
    maturity securities. 13




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   sub-prime
    March 31, 2011

December 31, 2010(In millions)Below investment grade or non-rated fixed maturity securities:Estimated fair value

$
3,979


$
4,027Net unrealized gains (losses)

$
(36
)

$
(125
)Non-income producing fixed maturity securities:Estimated fair value

$
16


$
36Net unrealized gains (losses)

$
2


$
2   Concentrations of Credit Risk (Fixed Maturity
    Securities) Summary.
    Concentrations of Credit Risk (Government and Agency
    Securities).
  March 31, 2011

December 31, 2010Carrying Value (1)(In millions)U.S. Treasury and agency fixed maturity securities

$
7,539


$
7,676U.S. Treasury and agency fixed-income securities included in:Short-term investments

$
946


$
935Cash equivalents

$
1,057


$
1,287     (1)
    
    Represents estimated fair value for fixed maturity securities;
    amortized cost, which approximates estimated fair value or
    estimated fair value, if available, for short-term investments;
    and amortized cost, which approximates estimated fair value for
    cash equivalents. 14




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   Concentrations of Credit Risk Fixed Maturity
    Securities) U.S. and Foreign Corporate
    Securities.
  March 31, 2011


December 31, 2010Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)Corporate fixed maturity securities  by sector:Foreign corporate fixed maturity securities (1)

$
8,594



35.8
%

$
8,470



35.5
%U.S. corporate fixed maturity securities  by industry:Consumer


3,912



16.3



3,893



16.3Utility


3,399



14.1



3,379



14.2Industrial


3,323



13.8



3,282



13.7Finance


2,493



10.4



2,569



10.8Communications


1,489



6.2



1,444



6.1Other


816



3.4



807



3.4Total

$
24,026



100.0
%

$
23,844



100.0
%     (1)
    
    Includes U.S. dollar-denominated debt obligations of foreign
    obligors and other foreign fixed maturity securities.  March 31, 2011

December 31, 2010Estimated



EstimatedFair

% of Total

Fair

% of TotalValue

Investments

Value

Investments(In millions)Concentrations within corporate fixed maturity securities:Largest exposure to a single issuer

$
255



0.4
%

$
252



0.4
%Holdings in ten issuers with the largest exposures

$
1,650



2.5
%

$
1,683



2.5
%  15




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Concentrations of Credit Risk (Fixed Maturity
    Securities)  RMBS.
  March 31, 2011


December 31, 2010Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)By security type:Pass-through securities

$
3,613



53.0
%

$
3,466



51.7
%Collateralized mortgage obligations


3,209



47.0



3,243



48.3Total RMBS

$
6,822



100.0
%

$
6,709



100.0
%By risk profile:Agency

$
5,204



76.3
%

$
5,080



75.7
%Prime


997



14.6



1,023



15.3Alternative residential mortgage loans


621



9.1



606



9.0Total RMBS

$
6,822



100.0
%

$
6,709



100.0
%Rated Aaa/AAA

$
5,368



78.7
%

$
5,254



78.3
%Rated NAIC 1

$
5,729



84.0
%

$
5,618



83.7
%       March 31, 2011


December 31, 2010Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)Vintage Year:2004 & Prior

$
9



1.4
%

$
9



1.5
%2005


325



52.3



302



49.82006


83



13.4



88



14.62007


204



32.9



207



34.12008 to 2011














Total

$
621



100.0
%

$
606



100.0
%   16




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  March 31, 2011


December 31, 2010% of





% ofAmount


Total


Amount


Total(In millions)Net unrealized gains (losses)

$
(110
)





$
(141
)Rated Aa/AA or better






0.5
%






1.5
%Rated NAIC 1






15.4
%






14.9
%Distribution of holdings  at estimated fair
    value  by collateral type:Fixed rate mortgage loans collateral






96.3
%






96.1
%Hybrid adjustable rate mortgage loans collateral






3.7







3.9Total Alt-A RMBS






100.0
%






100.0
%   Concentrations of Credit Risk (Fixed Maturity
    Securities)  CMBS.
  March 31, 2011


December 31, 2010Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)Vintage Year:2003 & Prior

$
866



39.6
%

$
947



41.6
%2004


439



20.0



442



19.42005


422



19.3



431



18.92006


439



20.0



442



19.42007


16



0.7



15



0.72008 to 2011


8



0.4







Total

$
2,190



100.0
%

$
2,277



100.0
%   March 31, 2011


December 31, 2010% of





% ofAmount


Total


Amount


Total(In millions)Net unrealized gains (losses)

$
83






$
74Rated Aaa/AAA






87
%






88
%Rated NAIC 1






95
%






95
%    17




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Concentrations of Credit Risk (Fixed Maturity
    Securities)  ABS.
  March 31, 2011


December 31, 2010Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)By collateral type:Credit card loans

$
729



39.3
%

$
753



40.3
%Collateralized debt obligations


240



13.0



254



13.5RMBS backed by
    sub-prime
    mortgage loans


237



12.8



247



13.2Student loans


172



9.3



174



9.3Utility loans


154



8.3



157



8.4Automobile loans


110



5.9



98



5.3Other loans


211



11.4



186



10.0Total

$
1,853



100.0
%

$
1,869



100.0
%Rated Aaa/AAA

$
1,211



65.4
%

$
1,251



66.9
%Rated NAIC 1

$
1,693



91.4
%

$
1,699



90.9
%   Concentrations of Credit Risk (Equity
    Securities).
  Maturities of Fixed Maturity Securities.
  March 31, 2011


December 31, 2010Estimated





EstimatedAmortized


Fair


Amortized


FairCost


Value


Cost


Value(In millions)Due in one year or less

$
1,786


$
1,805


$
1,874


$
1,889Due after one year through five years


9,677



10,051



9,340



9,672Due after five years through ten years


7,825



8,303



7,829



8,333Due after ten years


14,227



14,076



14,156



14,175Subtotal


33,515



34,235



33,199



34,069RMBS, CMBS and ABS


10,875



10,865



10,933



10,855Total fixed maturity securities

$
44,390


$
45,100


$
44,132


$
44,924
     Evaluating
    Available-for-Sale
    Securities for
    Other-Than-Temporary
    Impairment
  security-by-security available-for-sale other-than-temporarily
 18




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Net
    Unrealized Investment Gains (Losses)
    March 31, 2011


December 31, 2010(In millions)Fixed maturity securities

$
787


$
878Fixed maturity securities with noncredit OTTI losses in
    accumulated other comprehensive income (loss)


(80
)


(86
)Total fixed maturity securities


707



792Equity securities


(4
)


(21
)Derivatives


(132
)


(109
)Short-term investments


(2
)


(2
)Other


(4
)


(3
)Subtotal


565



657Amounts allocated from:Insurance liability loss recognition


(34
)


(33
)DAC and VOBA related to noncredit OTTI losses recognized in
    accumulated other comprehensive income (loss)


5



5DAC and VOBA


(124
)


(126
)Subtotal


(153
)


(154
)Deferred income tax benefit (expense) related to noncredit OTTI
    losses recognized in accumulated other comprehensive income
    (loss)


27



30Deferred income tax benefit (expense)


(164
)


(196
)Net unrealized investment gains (losses)

$
275


$
337     March 31, 2011


December 31, 2010(In millions)Balance, beginning of period

$
(86
)

$
(141
)Noncredit OTTI losses recognized (1)


2



(53
)Transferred to retained earnings (2)






16Securities sold with previous noncredit OTTI loss


5



28Subsequent increases (decreases) in estimated fair value


(1
)


64Balance, end of period

$
(80
)

$
(86
)     (1)
    
    Noncredit OTTI losses recognized, net of deferred policy
    acquisition costs (DAC), were $1 million and
    ($44) million for the periods ended March 31, 2011 and
    December 31, 2010, respectively.(2)
    
    Amounts transferred to retained earnings were in connection with
    the adoption of guidance related to the consolidation of VIEs as
    described in Note 1 of the Notes to the Consolidated
    Financial Statements included in the 2010 Annual Report. 19




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
     Three MonthsEndedMarch 31, 2011(In millions)Balance, beginning of period

$
337Fixed maturity securities on which noncredit OTTI losses have
    been recognized


6Unrealized investment gains (losses) during the period


(98
)Unrealized investment gains (losses) relating to:Insurance liability gain (loss) recognition


(1
)DAC and VOBA related to noncredit OTTI losses recognized in
    accumulated other comprehensive income (loss)


DAC and VOBA


2Deferred income tax benefit (expense) related to noncredit OTTI
    losses recognized in accumulated other comprehensive income
    (loss)


(3
)Deferred income tax benefit (expense)


32Balance, end of period

$
275Change in net unrealized investment gains (losses)

$
(62
)  20




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Continuous
    Gross Unrealized Losses and OTTI Losses for Fixed Maturity and
    Equity Securities
    Available-for-Sale
    by Sector
    March 31, 2011Equal to or GreaterLess than 12 Months


than 12 Months


TotalEstimated


Gross


Estimated


Gross


Estimated


GrossFair


Unrealized


Fair


Unrealized


Fair


UnrealizedValue


Losses


Value


Losses


Value


Losses(In millions, except number of securities)Fixed Maturity Securities:U.S. corporate securities

$
2,001


$
58


$
1,673


$
211


$
3,674


$
269Foreign corporate securities


830



23



663



71



1,493



94U.S. Treasury and agency securities


3,111



163



82



22



3,193



185RMBS


2,385



73



1,142



166



3,527



239CMBS


101



1



146



18



247



19ABS


220



2



571



85



791



87State and political subdivision securities


678



35



341



109



1,019



144Foreign government securities


156



3



9



1



165



4Total fixed maturity securities

$
9,482


$
358


$
4,627


$
683


$
14,109


$
1,041Equity Securities:Non-redeemable preferred stock

$
27


$
3


$
187


$
37


$
214


$
40Common stock


10



1











10



1Total equity securities

$
37


$
4


$
187


$
37


$
224


$
41Total number of securities in an unrealized loss position


840







557   21




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  December 31, 2010Equal to or GreaterLess than 12 Months


than 12 Months


TotalEstimated


Gross


Estimated


Gross


Estimated


GrossFair


Unrealized


Fair


Unrealized


Fair


UnrealizedValue


Losses


Value


Losses


Value


Losses(In millions, except number of securities)Fixed Maturity Securities:U.S. corporate securities

$
1,956


$
56


$
1,800


$
246


$
3,756


$
302Foreign corporate securities


727



24



816



103



1,543



127U.S. Treasury and agency securities


2,857



113



85



19



2,942



132RMBS


2,228



59



1,368



238



3,596



297CMBS


68



1



237



38



305



39ABS


245



5



590



97



835



102State and political subdivision securities


716



36



352



95



1,068



131Foreign government securities


49



1



9



1



58



2Total fixed maturity securities

$
8,846


$
295


$
5,257


$
837


$
14,103


$
1,132Equity Securities:Non-redeemable preferred stock

$
26


$
5


$
187


$
42


$
213


$
47Common stock


9



1











9



1Total equity securities

$
35


$
6


$
187


$
42


$
222


$
48Total number of securities in an unrealized loss position


759







637  22




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Aging
    of Gross Unrealized Losses and OTTI Losses for Fixed Maturity
    and Equity Securities
    Available-for-Sale
    March 31, 2011Cost or


Gross


Number ofAmortized Cost


Unrealized Losses


SecuritiesLess than


20% or


Less than


20% or


Less than


20% or20%


more


20%


more


20%


more(In millions, except number of securities)Fixed Maturity Securities:Less than six months

$
9,260


$
549


$
300


$
137



641



44Six months or greater but less than nine months


409



15



37



5



155



4Nine months or greater but less than twelve months


97



22



3



6



13



5Twelve months or greater


4,189



609



361



192



431



68Total

$
13,955


$
1,195


$
701


$
340Percentage of amortized cost










5
%


28
%Equity Securities:Less than six months

$
31


$
27


$
2


$
6



10



8Six months or greater but less than nine months


2















2



2Nine months or greater but less than twelve months






















Twelve months or greater


154



51



16



17



13



6Total

$
187


$
78


$
18


$
23Percentage of cost










10
%


29
%   23




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  December 31, 2010Cost or


Gross


Number ofAmortized Cost


Unrealized Losses


SecuritiesLess than


20% or


Less than


20% or


Less than


20% or20%


more


20%


more


20%


more(In millions, except number of securities)Fixed Maturity Securities:Less than six months

$
8,882


$
439


$
268


$
109



686



43Six months or greater but less than nine months


152



40



6



13



30



10Nine months or greater but less than twelve months


48



25



2



11



11



3Twelve months or greater


4,768



881



450



273



475



101Total

$
13,850


$
1,385


$
726


$
406Percentage of amortized cost










5
%


29
%Equity Securities:Less than six months

$
31


$
30


$
4


$
7



8



12Six months or greater but less than nine months






3







1







1Nine months or greater but less than twelve months


5



7







2



1



1Twelve months or greater


150



44



18



16



12



5Total

$
186


$
84


$
22


$
26Percentage of cost










12
%


31
%   Available-for-Sale
 24




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Concentration
    of Gross Unrealized Losses and OTTI Losses for Fixed Maturity
    and Equity Securities
    Available-for-Sale
    March 31, 2011


December 31, 2010Sector:U.S. corporate securities


25
%


26
%RMBS


22



25U.S. Treasury and agency securities


17



11State and political subdivision securities


13



11Foreign corporate securities


9



11ABS


8



9CMBS


2



3Other


4



4Total


100
%


100
%Industry:Mortgage-backed


24
%


28
%U.S. Treasury and agency securities


17



11Finance


15



19State and political subdivision securities


13



11Asset-backed


8



9Consumer


6



5Utility


3



3Communications


2



2Transportation


2



1Industrial


1



1Other


9



10Total


100
%


100
%   Evaluating
    Temporarily Impaired
    Available-for-Sale
    Securities
    March 31, 2011


December 31, 2010Fixed Maturity


Equity


Fixed Maturity


EquitySecurities


Securities


Securities


Securities(In millions, except number of securities)Number of securities


15







15



Total gross unrealized losses

$
239


$



$
210


$
Percentage of total gross unrealized losses


23
%



%


19
%



%  25




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  available-for-sale other-than-temporarily
    available-for-sale
  Non-Redeemable Preferred StockAll Types ofAll Equity


Non-Redeemable


Investment GradeSecurities


Preferred Stock


All Industries


Financial Services IndustryGross


Gross


% of All


Gross


% of All


GrossUnrealized


Unrealized


Equity


Unrealized


Non-Redeemable


Unrealized


% of All


% A Rated orLosses


Losses


Securities


Losses


Preferred Stock


Losses


Industries


Better(In millions)Less than six months

$
6


$
5



83
%

$
5



100
%

$
5



100
%


100
%Six months or greater but less than twelve months











%







%







%



%Twelve months or greater


17



17



100
%


17



100
%


17



100
%


59
%All equity securities with gross unrealized losses of 20% or more

$
23


$
22



96
%

$
22



100
%

$
22



100
%


68
%        26




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Net
    Investment Gains (Losses)
    Three MonthsEndedMarch 31,2011


2010(In millions)Total gains (losses) on fixed maturity securities:Total OTTI losses recognized

$
(9
)

$
(34
)Less: Noncredit portion of OTTI losses transferred to and
    recognized in other comprehensive income (loss)


(2
)


16Net OTTI losses on fixed maturity securities recognized in
    earnings


(11
)


(18
)Fixed maturity securities  net gains (losses) on
    sales and disposals


(20
)


4Total gains (losses) on fixed maturity securities


(31
)


(14
)Other net investment gains (losses):Equity securities


1



(1
)Mortgage loans


4



(8
)Real estate and real estate joint ventures






(16
)Other limited partnership interests


2



(2
)Other investment portfolio gains (losses)


(4
)


11Subtotal  investment portfolio gains (losses)


(28
)


(30
)Fair value option (FVO) consolidated securitization
    entities  changes in estimated fair value included in
    net investment gains (losses):Commercial mortgage loans


18



481Long-term debt  related to commercial mortgage loans


(6
)


(485
)Other gains (losses)


2



71Subtotal FVO consolidated securitization entities and other
    gains (losses)


14



67Total net investment gains (losses)

$
(14
)

$
37        27




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Three Months Ended March 31,2011


2010


2011


2010


2011


2010Fixed Maturity Securities


Equity Securities


Total(In millions)Proceeds

$
2,513


$
2,188


$
16


$
5


$
2,529


$
2,193Gross investment gains

$
18


$
44


$
3


$



$
21


$
44Gross investment losses


(38
)


(40
)


(2
)


(1
)


(40
)


(41
)Total OTTI losses recognized in earnings:Credit-related


(11
)


(17
)










(11
)


(17
)Other (1)






(1
)














(1
)Total OTTI losses recognized in earnings


(11
)


(18
)










(11
)


(18
)Net investment gains (losses)

$
(31
)

$
(14
)

$
1


$
(1
)

$
(30
)

$
(15
)     (1)
    
    Other OTTI losses recognized in earnings include impairments on
    equity securities, impairments on perpetual hybrid securities
    classified within fixed maturity securities where the primary
    reason for the impairment was the severity and/or the duration
    of an unrealized loss position and fixed maturity securities
    where there is an intent to sell or it is more likely than not
    that the Company will be required to sell the security before
    recovery of the decline in estimated fair value.    Three MonthsEndedMarch 31,2011


2010(In millions)Sector:U.S. and foreign corporate securities  by industry:Communications

$
4


$
3Consumer






9Finance






1Total U.S. and foreign corporate securities


4



13CMBS


3



1RMBS


2



4ABS


2



Total

$
11


$
18    28




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Credit
    Loss Rollforward  Rollforward of the Cumulative
    Credit Loss Component of OTTI Loss Recognized in Earnings on
    Fixed Maturity Securities Still Held for Which a Portion of the
    OTTI Loss Was Recognized in Other Comprehensive Income
    (Loss)
    Three MonthsEndedMarch 31,2011


2010(In millions)Balance, beginning of period

$
63


$
213Additions:Initial impairments  credit loss OTTI recognized on
    securities not previously impaired






2Additional impairments  credit loss OTTI recognized
    on securities previously impaired


3



2Reductions:Due to sales (maturities, pay downs or prepayments) during the
    period of securities previously credit loss OTTI impaired


(2
)


(36
)Due to securities de-recognized in connection with the adoption
    of new guidance related to the consolidation of VIEs






(100
)Due to securities impaired to net present value of expected
    future cash flows


(20
)


Due to increases in cash flows  accretion of previous
    credit loss OTTI


(1
)


(1
)Balance, end of period

$
43


$
80  29




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Net
    Investment Income
    Three MonthsEndedMarch 31,2011


2010(In millions)Investment income:Fixed maturity securities

$
535


$
529Equity securities


2



2Mortgage loans


84



68Policy loans


16



16Real estate and real estate joint ventures


(8
)


(26
)Other limited partnership interests


80



68Cash, cash equivalents and short-term investments


2



2International joint ventures


(1
)


(1
)Other


2



2Subtotal


712



660Less: Investment expenses


24



23Subtotal, net


688



637Other securities  FVO contractholder-directed
    unit-linked investments (1)


5



48FVO consolidated securitization entities  commercial
    mortgage loans


95



105Subtotal


100



153Net investment income

$
788


$
790(1) Changes in estimated fair value subsequent to purchase
    included in net investment income

$
(25
)

$
41       Securities
    Lending
   30




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    March 31, 2011


December 31, 2010(In millions)Securities on loan:Amortized cost

$
6,746


$
6,992Estimated fair value

$
6,701


$
7,054Aging of cash collateral liability:Open (1)

$
1,040


$
1,292Less than thirty days


2,254



3,297Thirty days or greater but less than sixty days


2,056



1,221Sixty days or greater but less than ninety days


687



326Ninety days or greater


783



1,002Total cash collateral liability

$
6,820


$
7,138Security collateral on deposit from counterparties

$
11


$
Reinvestment portfolio  estimated fair value

$
6,665


$
6,916     (1)
    
    Open  meaning that the related loaned security could
    be returned to the Company on the next business day requiring
    the Company to immediately return the cash collateral.  on-the-run
   31




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Invested
    Assets on Deposit and Pledged as Collateral
    March 31, 2011


December 31, 2010(In millions)Invested assets on deposit:Regulatory agencies

$
55


$
55Invested assets pledged as collateral:Funding agreements  Federal Home Loan Bank of Boston


600



211Funding agreements  Federal Agricultural Mortgage
    Corporation


231



231Derivative transactions


104



83Total invested assets on deposit and pledged as collateral

$
990


$
580       Other
    Securities
    March 31, 2011


December 31, 2010(In millions)FVO general account securities

$
7


$
7FVO contractholder-directed unit-linked investments


2,618



2,240Total other securities  at estimated fair value

$
2,625


$
2,247    32




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Mortgage
    Loans
    March 31, 2011


December 31, 2010Carrying


% of


Carrying


% ofValue


Total


Value


Total(In millions)Mortgage loans:Commercial

$
4,621



36.6
%

$
4,635



36.4
%Agricultural


1,326



10.5



1,342



10.6Subtotal


5,947



47.1
%


5,977



47.0
%Valuation allowances


(84
)


(0.7
)


(87
)


(0.7
)Subtotal mortgage loans, net


5,863



46.4



5,890



46.3Commercial mortgage loans held by consolidated securitization
    entities  FVO


6,771



53.6



6,840



53.7Total mortgage loans, net

$
12,634



100.0
%

$
12,730



100.0
%       Concentration of Credit Risk
 33




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Commercial


Agricultural


Total(In millions)March 31, 2011:Mortgage loans:Evaluated individually for credit losses

$
23


$



$
23Evaluated collectively for credit losses


4,598



1,326



5,924Total mortgage loans


4,621



1,326



5,947Valuation allowances:Specific credit losses


23







23Non-specifically identified credit losses


57



4



61Total valuation allowances


80



4



84Mortgage loans, net of valuation allowance

$
4,541


$
1,322


$
5,863December 31, 2010:Mortgage loans:Evaluated individually for credit losses

$
23


$



$
23Evaluated collectively for credit losses


4,612



1,342



5,954Total mortgage loans


4,635



1,342



5,977Valuation allowances:Specific credit losses


23







23Non-specifically identified credit losses


61



3



64Total valuation allowances


84



3



87Mortgage loans, net of valuation allowance

$
4,551


$
1,339


$
5,890     Mortgage Loan Valuation AllowancesCommercial


Agricultural


Total(In millions)Balance at January 1, 2010

$
74


$
3


$
77Provision (release)


8







8Charge-offs, net of recoveries










Balance at March 31, 2010

$
82


$
3


$
85Balance at January 1, 2011

$
84


$
3


$
87Provision (release)


(4
)


1



(3
)Charge-offs, net of recoveries










Balance at March 31, 2011

$
80


$
4


$
84  34




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Commercial Mortgage Loans  by Credit Quality
    Indicators with Estimated Fair Value: loan-to-value loan-to-value
  Recorded InvestmentDebt Service Coverage Ratios








Estimated> 1.20x


1.00x - 1.20x


< 1.00x


Total


% of Total


Fair Value


% of Total(In millions)


(In millions)March 31, 2011:Loan-to-value
    ratios:Less than 65%

$
2,255


$
10


$
31


$
2,296



49.7
%

$
2,433



52.0
%65% to 75%


785



41



150



976



21.1



998



21.376% to 80%


299



29



7



335



7.3



339



7.2Greater than 80%


743



131



140



1,014



21.9



911



19.5Total

$
4,082


$
211


$
328


$
4,621



100.0
%

$
4,681



100.0
%December 31, 2010:Loan-to-value
    ratios:Less than 65%

$
2,051


$
11


$
34


$
2,096



45.2
%

$
2,196



47.1
%65% to 75%


824



99



148



1,071



23.1



1,099



23.676% to 80%


301



29



7



337



7.3



347



7.4Greater than 80%


828



163



140



1,131



24.4



1,018



21.9Total

$
4,004


$
302


$
329


$
4,635



100.0
%

$
4,660



100.0
%   Agricultural Mortgage Loans  by Credit Quality
    Indicator:
  AgriculturalMarch 31, 2011


December 31, 2010Recorded Investment


% of Total


Recorded Investment


% of Total(In millions)





(In millions)Loan-to-value
    ratios:Less than 65%

$
1,266



95.5
%

$
1,289



96.0
%65% to 75%


60



4.5



53



4.0Total

$
1,326



100.0
%

$
1,342



100.0
%   Past Due and Interest Accrual Status of Mortgage
    Loans.
 35




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Greater than 90 Days Past DuePast Due


Still Accruing Interest


Nonaccrual StatusMarch 31, 2011


December 31, 2010


March 31, 2011


December 31, 2010


March 31, 2011


December 31, 2010(In millions)Commercial

$



$



$



$



$



$
1Agricultural


6



7











6



6Total

$
6


$
7


$



$



$
6


$
7   Impaired Mortgage Loans.
  Impaired Mortgage LoansLoans withoutLoans with a Valuation Allowance


a Valuation Allowance


All Impaired LoansUnpaid











Unpaid





UnpaidPrincipal


Recorded


Valuation


Carrying


Principal


Recorded


Principal


CarryingBalance


Investment


Allowances


Value


Balance


Investment


Balance


Value(In millions)March 31, 2011:Commercial

$
23


$
23


$
23


$



$



$



$
23


$
Agricultural


















7



6



7



6Total

$
23


$
23


$
23


$



$
7


$
6


$
30


$
6December 31, 2010:Commercial

$
23


$
23


$
23


$



$



$



$
23


$
Agricultural


















7



7



7



7Total

$
23


$
23


$
23


$



$
7


$
7


$
30


$
7       Impaired Mortgage LoansAverage Investment


Interest Income RecognizedCash Basis


Accrual Basis(In millions)For the Three Months Ended March 31, 2011:Commercial

$
45


$
1


$
Agricultural


12







Total

$
57


$
1


$
For the Three Months Ended March 31, 2010:Commercial

$
30


$



$
Agricultural


10







Total

$
40


$



$
  36




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Cash
    Equivalents
    Variable
    Interest Entities
    March 31, 2011


December 31, 2010Total


Total


Total


TotalAssets


Liabilities


Assets


Liabilities(In millions)Consolidated securitization entities: (1)Mortgage loans
    held-for-investment
    (commercial mortgage loans)

$
6,771


$



$
6,840


$
Accrued investment income


30







31



Long-term debt






6,693







6,773Other liabilities






30







31Total

$
6,801


$
6,723


$
6,871


$
6,804     (1)
    
    The Company consolidated former qualified special purpose
    entities (QSPEs) that are structured as CMBS. The
    assets of these entities can only be used to settle their
    respective liabilities, and under no circumstances is the
    Company or any of its subsidiaries or affiliates liable for any
    principal or interest shortfalls should any arise. The
    Companys exposure is limited to that of its remaining
    investment in the former QSPEs of $74 million and
    $64 million at estimated fair value at March 31, 2011
    and December 31, 2010, respectively. The long-term debt
    referred to above bears interest at primarily fixed rates
    ranging from 2.25% to 5.57%, payable on a monthly basis and is
    expected to be repaid over the next 7 years. Interest
    expense related to these obligations, included in other
    expenses, was $93 million and $103 million for the
    three months ended March 31, 2011 and 2010, respectively. 37




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
     March 31, 2011


December 31, 2010Maximum





MaximumCarrying


Exposure


Carrying


ExposureAmount


to Loss (1)


Amount


to Loss (1)(In millions)Fixed maturity securities
    available-for-sale:RMBS (2)

$
6,822


$
6,822


$
6,709


$
6,709CMBS (2)


2,190



2,190



2,277



2,277ABS (2)


1,853



1,853



1,869



1,869Foreign corporate securities


376



376



348



348U.S. corporate securities


367



367



336



336Other limited partnership interests


1,320



2,119



1,192



1,992Real estate joint ventures


25



31



10



35Total

$
12,953


$
13,758


$
12,741


$
13,566     (1)
    
    The maximum exposure to loss relating to the fixed maturity
    securities is equal to the carrying amounts or carrying amounts
    of retained interests. The maximum exposure to loss relating to
    the other limited partnership interests and real estate joint
    ventures is equal to the carrying amounts plus any unfunded
    commitments of the Company. Such a maximum loss would be
    expected to occur only upon bankruptcy of the issuer or investee.(2)
    
    For these variable interests, the Companys involvement is
    limited to that of a passive investor.    Related
    Party Investment Transactions
      3.
    Derivative
    Financial Instruments  Accounting
    for Derivative Financial Instruments
  and/or over-the-counter
 38




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    over-the-counter
             39




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
               40




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Primary
    Risks Managed by Derivative Financial Instruments
    March 31, 2011


December 31, 2010Estimated





EstimatedPrimary Underlying



Notional


Fair Value (1)


Notional


Fair Value (1)Risk Exposure

Instrument Type

Amount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Interest rate

Interest rate swaps

$
9,755


$
621


$
242


$
9,102


$
658


$
252Interest rate floors


7,986



99



51



7,986



127



62Interest rate caps


7,658



50







7,158



29



1Interest rate futures


1,671



2







1,966



5



7Interest rate forwards


695







79



695







71Foreign currency

Foreign currency swaps


2,041



434



81



2,561



585



68Foreign currency forwards


182







6



151



4



1Credit

Credit default swaps


1,745



17



21



1,324



15



22Equity market

Equity futures


136











93







Equity options


1,313



154







733



77



Variance swaps


1,081



16



10



1,081



20



8Total

$
34,263


$
1,393


$
490


$
32,850


$
1,520


$
492     (1)
    
    The estimated fair value of all derivatives in an asset position
    is reported within other invested assets in the consolidated
    balance sheets and the estimated fair value of all derivatives
    in a liability position is reported within other liabilities in
    the consolidated balance sheets.         41




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
                   42




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
               43




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Hedging
    March 31, 2011


December 31, 2010Estimated





EstimatedNotional


Fair Value


Notional


Fair ValueDerivatives Designated as Hedging Instruments

Amount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Fair value hedges:Foreign currency swaps

$
734


$
330


$
16


$
787


$
334


$
18Interest rate swaps


298



10



18



193



11



15Subtotal


1,032



340



34



980



345



33Cash flow hedges:Foreign currency swaps


339



16



13



295



15



11Interest rate swaps


520







50



575



1



45Interest rate forwards


695







79



695







71Subtotal


1,554



16



142



1,565



16



127Total qualifying hedges

$
2,586


$
356


$
176


$
2,545


$
361


$
160     March 31, 2011


December 31, 2010Estimated





EstimatedDerivatives Not Designated or

Notional


Fair Value


Notional


Fair ValueNot Qualifying as Hedging Instruments

Amount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Interest rate swaps

$
8,937


$
611


$
174


$
8,334


$
646


$
192Interest rate floors


7,986



99



51



7,986



127



62Interest rate caps


7,658



50







7,158



29



1Interest rate futures


1,671



2







1,966



5



7Foreign currency swaps


968



88



52



1,479



236



39Foreign currency forwards


182







6



151



4



1Credit default swaps


1,745



17



21



1,324



15



22Equity futures


136











93







Equity options


1,313



154







733



77



Variance swaps


1,081



16



10



1,081



20



8Total non-designated or non-qualifying derivatives

$
31,677


$
1,037


$
314


$
30,305


$
1,159


$
332  44




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Net
    Derivative Gains (Losses)
    Three MonthsEndedMarch 31,2011


2010(In millions)Derivatives and hedging gains (losses) (1)

$
(103
)

$
(97
)Embedded derivatives


(53
)


(211
)Total net derivative gains (losses)

$
(156
)

$
(308
)     (1)
    
    Includes foreign currency transaction gains (losses) on hedged
    items in cash flow and non-qualifying hedge relationships, which
    are not presented elsewhere in this note.    Three MonthsEndedMarch 31,2011


2010(In millions)Qualifying hedges:Net investment income

$
1


$
Interest credited to policyholder account balances


11



10Non-qualifying hedges:Net derivative gains (losses)


10



(6
)Total

$
22


$
4   Fair
    Value Hedges
   45




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   IneffectivenessNet Derivative Gains


Net Derivative Gains


Recognized in NetDerivatives in Fair Value

Hedged Items in Fair Value

(Losses) Recognized


(Losses) Recognized


Derivative GainsHedging Relationships

Hedging Relationships

for Derivatives


for Hedged Items


(Losses)(In millions)For the Three Months Ended March 31, 2011:Interest rate swaps:

Fixed maturity securities

$
1


$
(1
)

$
Policyholder account balances (1)


(5
)


4



(1
)Foreign currency swaps:

Foreign-denominated policyholder
    account balances (2)


22



(26
)


(4
)Total

$
18


$
(23
)

$
(5
)For the Three Months Ended March 31, 2010:Interest rate swaps:

Policyholder account balances (1)

$
1


$
(4
)

$
(3
)Foreign currency swaps:

Foreign-denominated policyholder
    account balances (2)


(52
)


44



(8
)Total

$
(51
)

$
40


$
(11
)     (1)
    
    Fixed rate liabilities(2)
    
    Fixed rate or floating rate liabilities    Cash
    Flow Hedges
     46




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Three MonthsEndedMarch 31,2011


2010(In millions)Accumulated other comprehensive income (loss), balance at
    beginning of period

$
(109
)

$
(1
)Gains (losses) deferred in other comprehensive income (loss) on
    the effective portion of cash flow hedges


(21
)


3Amounts reclassified to net derivative gains (losses)


(2
)


2Accumulated other comprehensive income (loss), balance at end of
    period

$
(132
)

$
4       Amount and Location ofGains (Losses)Amount of Gains


Reclassified from(Losses) Deferred


Accumulated Otherin Accumulated


Comprehensive IncomeOther Comprehensive


(Loss) into Income (Loss)Income (Loss) on


Net DerivativeDerivatives in Cash Flow Hedging Relationships

Derivatives


Gains (Losses)(In millions)For the Three Months Ended March 31, 2011:Interest rate swaps

$
(11
)

$
Foreign currency swaps


(1
)


2Interest rate forwards


(9
)


Total

$
(21
)

$
2For the Three Months Ended March 31, 2010:Foreign currency swaps

$



$
(2
)Credit forwards


3



Total

$
3


$
(2
)     Non-Qualifying
    Derivatives and Derivatives for Purposes Other Than
    Hedging
   47




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      Net Derivative


Net InvestmentGains (Losses)


Income (1)(In millions)For the Three Months Ended March 31, 2011:Interest rate swaps

$
(24
)

$
Interest rate floors


(17
)


Interest rate caps


(1
)


Interest rate futures


(1
)


Foreign currency swaps


3



Foreign currency forwards


(11
)


Equity options


(22
)


(1
)Variance swaps


(6
)


Total

$
(79
)

$
(1
)For the Three Months Ended March 31, 2010:Interest rate swaps

$
18


$
Interest rate floors


(7
)


Interest rate caps


(8
)


Interest rate futures


(5
)


Equity futures


(5
)


Foreign currency swaps


(44
)


Foreign currency forwards


4



Equity options


(23
)


(1
)Variance swaps


(10
)


Total

$
(80
)

$
(1
)     (1)
    
    Changes in estimated fair value related to economic hedges of
    equity method investments in joint ventures.  Credit
    Derivatives
   48




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      March 31, 2011


December 31, 2010Maximum








MaximumEstimated


Amount of





Estimated


Amount ofFair


Future


Weighted


Fair


Future


WeightedValue of


Payments under


Average


Value of


Payments under


AverageRating Agency Designation of Referenced

Credit Default


Credit Default


Years to


Credit Default


Credit Default


Years toCredit Obligations (1)

Swaps


Swaps (2)


Maturity (3)


Swaps


Swaps (2)


Maturity (3)(In millions)Aaa/Aa/ASingle name credit default swaps (corporate)

$
1


$
80



4.1


$
1


$
45



3.6Credit default swaps referencing indices


11



754



3.6



11



679



3.7Subtotal


12



834



3.7



12



724



3.7BaaSingle name credit default swaps (corporate)






125



5.0







5



3.0Credit default swaps referencing indices


3



423



4.8



1



183



5.0Subtotal


3



548



4.8



1



188



5.0Total

$
15


$
1,382



4.1


$
13


$
912



4.0     (1)
    
    The rating agency designations are based on availability and the
    midpoint of the applicable ratings among Moodys, S&P
    and Fitch. If no rating is available from a rating agency, then
    an internally developed rating is used.(2)
    
    Assumes the value of the referenced credit obligations is zero.(3)
    
    The weighted average years to maturity of the credit default
    swaps is calculated based on weighted average notional amounts.  Credit
    Risk on Freestanding Derivatives
    over-the-counter
   49




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    over-the-counter and/or
  over-the-counter
  Fair Value of Incremental CollateralProvided Upon:Downgrade in theEstimated

One Notch

Companys Credit RatingFair Value of

Downgrade

to a Level that TriggersEstimated

Collateral

in the

Full OvernightFair Value (1) of

Provided:

Companys

Collateralization orDerivatives in Net

Fixed Maturity

Credit

TerminationLiability Position

Securities (2)

Rating

of the Derivative Position(In millions)March 31, 2011

$
147


$
76


$
13


$
78December 31, 2010

$
96


$
58


$
11


$
62     (1)
    
    After taking into consideration the existence of netting
    agreements.(2)
    
    Included in fixed maturity securities in the consolidated
    balance sheets. The counterparties are permitted by contract to
    sell or repledge this collateral. At both March 31, 2011
    and December 31, 2010, the Company did not provide any cash
    collateral.  over-the-counter
   50




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Embedded
    Derivatives
      March 31, 2011


December 31, 2010(In millions)Net embedded derivatives within asset host contracts:Ceded guaranteed minimum benefits

$
563


$
936Options embedded in debt or equity securities


(1
)


(2
)Net embedded derivatives within asset host contracts

$
562


$
934Net embedded derivatives within liability host contracts:Direct guaranteed minimum benefits

$
(61
)

$
254Other


(23
)


5Net embedded derivatives within liability host contracts

$
(84
)

$
259     Three MonthsEndedMarch 31,2011


2010(In millions)Net derivative gains (losses) (1), (2)

$
(53
)

$
(211
)     (1)
    
    The valuation of direct guaranteed minimum benefits includes an
    adjustment for nonperformance risk. Included in net derivative
    gains (losses), in connection with this adjustment, were gains
    (losses) of ($29) million and ($71) million, for the
    three months ended March 31, 2011 and 2010, respectively.
    In addition, the valuation of ceded guaranteed minimum benefits
    includes an adjustment for nonperformance risk. Included in net
    derivative gains (losses), in connection with this adjustment,
    were gains (losses) of $41 million and $44 million,
    for the three months ended March 31, 2011 and 2010,
    respectively.(2)
    
    See Note 8 for discussion of affiliated net derivative
    gains (losses) included in the table above.  4.
    Fair
    Value   51




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Assets
    and Liabilities Measured at Fair Value
  Recurring
    Fair Value Measurements
    March 31, 2011Fair Value Measurements at Reporting Date UsingQuoted Prices inActive Markets for





Significant


TotalIdentical Assets


Significant Other


Unobservable


Estimatedand Liabilities


Observable Inputs


Inputs


Fair(Level 1)


(Level 2)


(Level 3)


Value(In millions)Assets:Fixed maturity securities:U.S. corporate securities

$



$
14,004


$
1,428


$
15,432Foreign corporate securities






7,812



782



8,594U.S. Treasury and agency securities


4,230



3,277



32



7,539RMBS






6,804



18



6,822CMBS






2,038



152



2,190ABS






1,292



561



1,853State and political subdivision securities






1,755



32



1,787Foreign government securities






881



2



883Total fixed maturity securities


4,230



37,863



3,007



45,100Equity securities:Non-redeemable preferred stock






54



219



273Common stock


42



78



31



151Total equity securities


42



132



250



424Other securities:FVO general account securities






7







7FVO contractholder-directed unit-linked investments


2,618











2,618Total other securities


2,618



7







2,625Short-term investments (1)


598



403



82



1,083Mortgage loans held by consolidated securitization entities






6,771







6,771Derivative assets: (2)Interest rate contracts


2



766



4



772Foreign currency contracts






434







434Credit contracts






5



12



17Equity market contracts






154



16



170Total derivative assets


2



1,359



32



1,393Net embedded derivatives within asset host contracts (3)










563



563Separate account assets (4)


231



65,919



130



66,280Total assets

$
7,721


$
112,454


$
4,064


$
124,239Liabilities:Derivative liabilities: (2)Interest rate contracts

$



$
293


$
79


$
372Foreign currency contracts






87







87Credit contracts






20



1



21Equity market contracts










10



10Total derivative liabilities






400



90



490Net embedded derivatives within liability host contracts (3)










(84
)


(84
)Long-term debt of consolidated securitization entities






6,693







6,693Total liabilities

$



$
7,093


$
6


$
7,099  52




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  December 31, 2010Fair Value Measurements at Reporting Date UsingQuoted Prices inActive Markets for





Significant


TotalIdentical Assets


Significant Other


Unobservable


Estimatedand Liabilities


Observable Inputs


Inputs


Fair(Level 1)


(Level 2)


(Level 3)


Value(In millions)Assets:Fixed maturity securities:U.S. corporate securities

$



$
13,864


$
1,510


$
15,374Foreign corporate securities






7,590



880



8,470U.S. Treasury and agency securities


4,616



3,026



34



7,676RMBS






6,674



35



6,709CMBS






2,147



130



2,277ABS






1,301



568



1,869State and political subdivision securities






1,614



32



1,646Foreign government securities






889



14



903Total fixed maturity securities


4,616



37,105



3,203



44,924Equity securities:Non-redeemable preferred stock






54



214



268Common stock


43



72



22



137Total equity securities


43



126



236



405Other securities:FVO general account securities






7







7FVO contractholder-directed unit-linked investments


2,240











2,240Total other securities


2,240



7







2,247Short-term investments (1)


390



584



173



1,147Mortgage loans held by consolidated securitization entities






6,840







6,840Derivative assets: (2)Interest rate contracts


5



804



10



819Foreign currency contracts






589







589Credit contracts






3



12



15Equity market contracts






77



20



97Total derivative assets


5



1,473



42



1,520Net embedded derivatives within asset host contracts (3)










936



936Separate account assets (4)


76



61,410



133



61,619Total assets

$
7,370


$
107,545


$
4,723


$
119,638Liabilities:Derivative liabilities: (2)Interest rate contracts

$
7


$
315


$
71


$
393Foreign currency contracts






69







69Credit contracts






21



1



22Equity market contracts










8



8Total derivative liabilities


7



405



80



492Net embedded derivatives within liability host contracts (3)










259



259Long-term debt of consolidated securitization entities






6,773







6,773Total liabilities

$
7


$
7,178


$
339


$
7,524  53




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    (1)
    
    Short-term investments as presented in the tables above differ
    from the amounts presented in the consolidated balance sheets
    because certain short-term investments are not measured at
    estimated fair value (e.g., time deposits, etc.), and therefore
    are excluded from the tables presented above.(2)
    
    Derivative assets are presented within other invested assets in
    the consolidated balance sheets and derivative liabilities are
    presented within other liabilities in the consolidated balance
    sheets. The amounts are presented gross in the tables above to
    reflect the presentation in the consolidated balance sheets, but
    are presented net for purposes of the rollforward in the Fair
    Value Measurements Using Significant Unobservable Inputs
    (Level 3) tables which follow.(3)
    
    Net embedded derivatives within asset host contracts are
    presented within premiums, reinsurance and other receivables in
    the consolidated balance sheets. Net embedded derivatives within
    liability host contracts are presented in the consolidated
    balance sheets within policyholder account balances and other
    liabilities. At March 31, 2011, fixed maturity securities
    and equity securities also included embedded derivatives of
    $6 million and ($7) million, respectively. At
    December 31, 2010, fixed maturity securities and equity
    securities included embedded derivatives of $3 million and
    ($5) million, respectively.(4)
    
    Separate account assets are measured at estimated fair value.
    Investment performance related to separate account assets is
    fully offset by corresponding amounts credited to
    contractholders whose liability is reflected within separate
    account liabilities. Separate account liabilities are set equal
    to the estimated fair value of separate account assets.      Fixed
    Maturity Securities, Equity Securities, Other Securities and
    Short-term Investments
         54




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      Mortgage
    Loans Held by CSEs
    Derivatives
  over-the-counter
  over-the-counter over-the-counter
  over-the-counter
  over-the-counter
 55




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Net Embedded Derivatives Within Asset and Liability Host
    Contracts
               56




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      Separate Account Assets
    Long-term Debt of CSEs
    Valuation
    Techniques and Inputs by Level Within the
    Three-Level Fair Value Hierarchy by Major Classes of Assets
    and Liabilities
       57




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Level 1
    Measurements:
  Fixed Maturity Securities, Equity Securities, Other
    Securities and Short-term Investments
    Derivative Assets and Derivative Liabilities
    Separate Account Assets
    Level 2
    Measurements:
  Fixed Maturity Securities, Equity Securities, Other
    Securities and Short-term Investments
    U.S. corporate and foreign corporate
    securities.
  Structured securities comprised of RMBS, CMBS and
    ABS.
 58




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  U.S. Treasury and agency
    securities.
  Foreign government and state and political subdivision
    securities. sub-sector
  Common and non-redeemable preferred
    stock.
  Mortgage Loans Held by CSEs
    Derivative Assets and Derivative Liabilities
    Interest rate contracts.
      Foreign currency contracts.
    Credit contracts.
    Equity market contracts.
     59




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Separate Account Assets
    Long-term Debt of CSEs
    Level 3
    Measurements:
    Fixed Maturity Securities, Equity Securities and Short-term
    Investments
    U.S. corporate and foreign corporate
    securities.
  Structured securities comprised of RMBS, CMBS and
    ABS. sub-prime
  Foreign government and state and political subdivision
    securities.
  Common and non-redeemable preferred
    stock.
 60




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Derivative Assets and Derivative Liabilities
    Interest rate contracts.
      Foreign currency contracts.
    Credit contracts.
    Equity market contracts.
      Guaranteed Minimum Benefit Guarantees
   61




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Reinsurance Ceded on Certain Guaranteed Minimum Benefit
    Guarantees
    Embedded Derivatives Within Funds Withheld Related to Certain
    Ceded Reinsurance
    Separate Account Assets
    Transfers between Levels 1 and 2:
    Transfers into or out of Level 3:
  and/or and/or and/or and/or
       62




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      Fair Value Measurements Using Significant Unobservable Inputs
    (Level 3)Fixed Maturity Securities:State andU.S.


Foreign


U.S. Treasury











Political


ForeignCorporate


Corporate


and Agency











Subdivision


GovernmentSecurities


Securities


Securities


RMBS


CMBS


ABS


Securities


Securities(In millions)Three Months Ended March 31, 2011:Balance, beginning of period

$
1,510


$
880


$
34


$
35


$
130


$
568


$
32


$
14Total realized/unrealized gains (losses) included in:Earnings: (1) (2)Net investment income


2



























Net investment gains (losses)


(2
)


2











(1
)


(6
)






Other comprehensive income (loss)


9



17











17



10







(1
)Purchases (3)


31



14











8



26







Sales (3)


(50
)


(102
)


(2
)






(2
)


(37
)






(11
)Transfers into Level 3 (4)


19



1























Transfers out of Level 3 (4)


(91
)


(30
)






(17
)














Balance, end of period

$
1,428


$
782


$
32


$
18


$
152


$
561


$
32


$
2Changes in unrealized gains (losses) relating to assets still
    held at March 31, 2011 included in earnings:Net investment income

$
2


$



$



$



$



$



$



$
Net investment gains (losses)

$



$



$



$



$
(2
)

$
(2
)

$



$
  63




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Fair Value Measurements Using Significant Unobservable Inputs
    (Level 3)Equity Securities:





Net Derivatives: (5)Non-Redeemable














Equity


Separate


NetPreferred


Common


Short-term


Interest Rate


Credit


Market


Account


EmbeddedStock


Stock


Investments


Contracts


Contracts


Contracts


Assets (6)


Derivatives (7)Three Months Ended March 31, 2011:Balance, beginning of period

$
214


$
22


$
173


$
(61
)

$
11


$
12


$
133


$
677Total realized/unrealized gains (losses) included in:Earnings: (1) (2)Net investment gains (losses)






2



(1
)


















Net derivative gains (losses)














1



1



(6
)






(53
)Other comprehensive income (loss)


12



3







(8
)










(5
)


Purchases (3)






9



34















3



Sales (3)


(7
)


(5
)


(124
)














(1
)


Issuances (3)


















(1
)










Settlements (3)






























23Transfers into Level 3 (4)






























Transfers out of Level 3 (4)














(7
)














Balance, end of period

$
219


$
31


$
82


$
(75
)

$
11


$
6


$
130


$
647Changes in unrealized gains (losses) relating to assets and
    liabilities still held at March 31, 2011 included in
    earnings:Net derivative gains (losses)

$



$



$



$
1


$
1


$
(6
)

$



$
(51
)   64




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Fair Value Measurements Using Significant Unobservable Inputs
    (Level 3)Fixed Maturity Securities:State andU.S.


Foreign


U.S. Treasury











Political


ForeignCorporate


Corporate


and Agency











Subdivision


GovernmentSecurities


Securities


Securities


RMBS


CMBS


ABS


Securities


Securities(In millions)Three Months Ended March 31, 2010:Balance, beginning of period

$
1,605


$
994


$
33


$
25


$
45


$
537


$
32


$
16Total realized/unrealized gains (losses) included in:Earnings: (1) (2)Net investment income


2



























Net investment gains (losses)


2



(7
)










(1
)










Other comprehensive income (loss)


39



46







1



5



17



7



Purchases, sales, issuances and settlements (3)


(95
)


(33
)


(1
)


8







14



9



Transfers into Level 3 (4)


20



10







2



26



5







Transfers out of Level 3 (4)


(63
)


(57
)






(8
)


(27
)


(52
)






(9
)Balance, end of period

$
1,510


$
953


$
32


$
28


$
48


$
521


$
48


$
7Changes in unrealized gains (losses) relating to assets still
    held at March 31, 2010 included in earnings:Net investment income

$
2


$
(1
)

$



$



$



$



$



$
Net investment gains (losses)

$
(4
)

$
(4
)

$



$



$
(1
)

$



$



$
   65




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Fair Value Measurements Using Significant Unobservable Inputs
    (Level 3)Equity Securities:





Net Derivatives: (5)Non-Redeemable











Foreign





Equity


Separate


NetPreferred


Common


Short-term


Interest Rate


Currency


Credit


Market


Account


EmbeddedStock


Stock


Investments


Contracts


Contracts


Contracts


Contracts


Assets (6)


Derivatives (7)(In millions)Three Months Ended March 31, 2010:Balance, beginning of period

$
258


$
11


$
8


$
2


$
23


$
4


$
18


$
153


$
445Total realized/unrealized gains (losses) included in:Earnings: (1) (2)Net investment gains (losses)






























(1
)


Net derivative gains (losses)














4



(5
)






(11
)






(210
)Other comprehensive income (loss)


6



8















2











Purchases, sales, issuances and settlements (3)


(22
)


17



(7
)










1







(1
)


23Transfers into Level 3 (4)


































Transfers out of Level 3 (4)






(2
)






















(5
)


Balance, end of period

$
242


$
34


$
1


$
6


$
18


$
7


$
7


$
146


$
258Changes in unrealized gains (losses) relating to assets still
    held at March 31, 2010 included in earnings:Net derivative (losses)

$



$



$



$
4


$
(5
)

$



$
(11
)

$



$
(209
)     (1)
    
    Amortization of premium/discount is included within net
    investment income. Impairments charged to earnings on securities
    are included within net investment gains (losses). Lapses
    associated with embedded derivatives are included within the
    earnings caption of total gains (losses).(2)
    
    Interest and dividend accruals, as well as cash interest coupons
    and dividends received, are excluded from the rollforward.(3)
    
    The amount reported within purchases, sales, issuances and
    settlements is the purchase or issuance price and the sales or
    settlement proceeds based upon the actual date purchased or
    issued and sold or settled, respectively. Items purchased/issued
    and sold/settled in the same period are excluded from the
    rollforward. For the three months ended March 31, 2011,
    fees attributed to embedded derivatives are included within
    settlements. For the three months ended March 31, 2010,
    fees attributed to embedded derivatives are included within
    purchases, sales, issuances and settlements.(4)
    
    Total gains and losses (in earnings and other comprehensive
    income (loss)) are calculated assuming transfers into and/or out
    of Level 3 occurred at the beginning of the period. Items
    transferred into and out of Level 3 in the same period are
    excluded from the rollforward.(5)
    
    Freestanding derivative assets and liabilities are presented net
    for purposes of the rollforward. 66




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   (6)
    
    Investment performance related to separate account assets is
    fully offset by corresponding amounts credited to
    contractholders within separate account liabilities. Therefore,
    such changes in estimated fair value are not recorded in net
    income. For the purpose of this disclosure, these changes are
    presented within net investment gains (losses).(7)
    
    Embedded derivative assets and liabilities are presented net for
    purposes of the rollforward.  FVO 
    Consolidated Securitization Entities
    March 31, 2011


December 31, 2010(In millions)Unpaid principal balance

$
6,550


$
6,636Excess of estimated fair value over unpaid principal balance


221



204Carrying value at estimated fair value

$
6,771


$
6,840     March 31, 2011


December 31, 2010(In millions)Contractual principal balance

$
6,454


$
6,541Excess of estimated fair value over contractual principal balance


239



232Carrying value at estimated fair value

$
6,693


$
6,773     Non-Recurring
    Fair Value Measurements
    Three Months Ended March 31,2011

2010Estimated

Net



Estimated

NetCarrying

Fair

Investment

Carrying

Fair

InvestmentValue Prior to

Value After

Gains

Value Prior to

Value After

GainsMeasurement

Measurement

(Losses)

Measurement

Measurement

(Losses)(In millions)Mortgage loans, net (1)

$



$



$



$
31


$
23


$
(8
)Real estate joint ventures (2)

$



$



$



$
18


$
2


$
(16
)     (1)
    
    Mortgage loans The impaired mortgage loans
    presented above were written down to their estimated fair values
    at the date the impairments were recognized. Estimated fair
    values for impaired mortgage loans are based on observable
    market prices or, if the loans are in foreclosure or are
    otherwise determined to be collateral dependent, on the
    estimated fair value of the underlying collateral, or the
    present value of the expected future 67




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  cash flows. Impairments to estimated fair value represent
    non-recurring fair value measurements that have been categorized
    as Level 3 due to the lack of price transparency inherent
    in the limited markets for such mortgage loans.(2)
    
    Real estate joint ventures The impaired
    investments presented above were accounted for using the cost
    method. Impairments on these cost method investments were
    recognized at estimated fair value determined from information
    provided in the financial statements of the underlying entities
    in the period in which the impairment was incurred. These
    impairments to estimated fair value represent non-recurring fair
    value measurements that have been classified as Level 3 due
    to the limited activity and price transparency inherent in the
    market for such investments. This category includes several real
    estate funds that typically invest primarily in commercial real
    estate. The estimated fair values of these investments have been
    determined using the NAV of the Companys ownership
    interest in the partners capital. Distributions from these
    investments will be generated from investment gains, from
    operating income from the underlying investments of the funds
    and from liquidation of the underlying assets of the funds. It
    is estimated that the underlying assets of the funds will be
    liquidated over the next 2 to 10 years. There were no
    unfunded commitments for these investments at March 31,
    2011. Unfunded commitments for these investments were
    $10 million at March 31, 2010. 68




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   Fair
    Value of Financial Instruments
    March 31, 2011

December 31, 2010Estimated





EstimatedNotional

Carrying

Fair

Notional

Carrying

FairAmount

Value

Value

Amount

Value

Value(In millions)Assets:Mortgage loans, net (1)





$
5,863


$
6,032






$
5,890


$
6,022Policy loans





$
1,186


$
1,248






$
1,190


$
1,260Real estate joint ventures (2)





$
82


$
102






$
79


$
102Other limited partnership interests (2)





$
107


$
122






$
104


$
116Short-term investments (3)





$
83


$
83






$
88


$
88Cash and cash equivalents





$
1,796


$
1,796






$
1,928


$
1,928Accrued investment income





$
569


$
569






$
559


$
559Premiums, reinsurance and other receivables (2)





$
5,987


$
6,128






$
5,959


$
6,164Other assets (2)





$
998


$
998






$



$
Liabilities:Policyholder account balances (2)





$
25,378


$
26,430






$
24,622


$
26,061Payables for collateral under securities loaned and other
    transactions





$
7,718


$
7,718






$
8,103


$
8,103Long-term debt (4)





$
795


$
945






$
795


$
930Other liabilities (2)





$
555


$
555






$
294


$
294Separate account liabilities (2)





$
1,442


$
1,442






$
1,407


$
1,407Commitments:(5)Mortgage loan commitments

$
281


$



$



$
270


$



$
(2
)Commitments to fund bank credit facilities, bridge loans and
    private corporate bond investments

$
238


$



$
(8
)

$
315


$



$
(12
)     (1)
    
    Mortgage loans as presented in the table above differs from the
    amounts presented in the consolidated balance sheets because
    this table does not include commercial mortgage loans held by
    CSEs.(2)
    
    Carrying values presented herein differ from those presented in
    the consolidated balance sheets because certain items within the
    respective financial statement caption are not considered
    financial instruments. Financial statement captions excluded
    from the table above are not considered financial instruments.(3)
    
    Short-term investments as presented in the table above differ
    from the amounts presented in the consolidated balance sheets
    because this table does not include short-term investments that
    meet the definition of a security, which are measured at
    estimated fair value on a recurring basis.(4)
    
    Long-term debt as presented in the table above differs from the
    amounts presented in the consolidated balance sheets because
    this table does not include long-term debt of CSEs.(5)
    
    Commitments are off-balance sheet obligations. Negative
    estimated fair values represent off-balance sheet liabilities. 69




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
       Mortgage Loans
    Policy Loans
    Real Estate Joint Ventures and Other Limited Partnership
    Interests
      Short-term Investments
   70




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Cash and Cash Equivalents
    Accrued Investment Income
    Premiums, Reinsurance and Other Receivables
        Other Assets
    Policyholder Account Balances
     71




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Payables for Collateral Under Securities Loaned and Other
    Transactions
    Long-term Debt
    Other Liabilities
    Separate Account Liabilities
      
  Mortgage Loan Commitments and Commitments to Fund Bank
    Credit Facilities, Bridge Loans and Private Corporate Bond
    Investments
   72




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  5.
    Contingencies,
    Commitments and Guarantees  Contingencies
  Litigation
  and/or
      Sales Practices Claims.
  Retained Asset Account Matters.
 73




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  and/or
      and/or and/or
  Commitments
  Commitments
    to Fund Partnership Investments
    Mortgage
    Loan Commitments
    Commitments
    to Fund Bank Credit Facilities, Bridge Loans and Private
    Corporate Bond Investments
    Other
    Commitments
   74




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Guarantees
    6.
    Other
    Expenses    Three MonthsEndedMarch 31,2011


2010(In millions)Compensation

$
75


$
44Commissions


306



220Volume-related costs


38



60Affiliated interest costs on ceded reinsurance


54



33Capitalization of DAC


(310
)


(230
)Amortization of DAC and VOBA


117



64Interest expense on debt and debt issue costs


110



120Premium taxes, licenses & fees


15



10Professional services


9



4Rent


7



1Other


83



93Total other expenses

$
504


$
419   Interest
    Expense on Debt and Debt Issue Costs
    Affiliated
    Expenses
   75




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  7.
    Business
    Segment Information      start-up
        
    Universal life and investment-type product policy fees exclude
    the amortization of unearned revenue related to net investment
    gains (losses) and net derivative gains (losses) and certain
    variable annuity GMIB fees (GMIB Fees); and
    Net investment income: (i) includes amounts for scheduled
    periodic settlement payments and amortization of premium on
    derivatives that are hedges of investments but do not qualify
    for hedge accounting treatment, (ii) excludes certain
    amounts related to contractholder-directed unit-linked
    investments and (iii) excludes certain amounts related to
    securitization entities that are VIEs consolidated under GAAP.    
    Policyholder benefits and claims exclude (i) amounts
    associated with periodic crediting rate adjustments based on the
    total return of a contractually referenced pool of assets,
    (ii) benefits and hedging costs related to GMIBs
    (GMIB Costs) and (iii) market value adjustments
    associated with surrenders or terminations of contracts
    (Market Value Adjustments);
    Interest credited to policyholder account balances includes
    adjustments for scheduled periodic settlement payments and
    amortization of premium on derivatives that are hedges of
    policyholder account balances but do not qualify for hedge
    accounting treatment and amounts related to net investment
    income earned on contractholder-directed unit-linked investments; 76




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   
    Amortization of DAC and value of business acquired
    (VOBA) exclude amounts related to (i) net
    investment gains (losses) and net derivative gains (losses),
    (ii) GMIB Fees and GMIB Costs, and (iii) Market Value
    Adjustments; and
    Interest expense on debt excludes certain amounts related to
    securitization entities that are VIEs consolidated under GAAP.          77




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Operating EarningsCorporateRetirement


Benefit


Insurance


Corporate








TotalThree Months Ended March 31, 2011

Products


Funding


Products


& Other


Total


Adjustments


Consolidated(In millions)RevenuesPremiums

$
30


$
62


$
44


$



$
136


$



$
136Universal life and investment-type product policy fees


273



11



144



7



435



20



455Net investment income


206



298



156



48



708



80



788Other revenues


97



1



32







130







130Net investment gains (losses)






















(14
)


(14
)Net derivative gains (losses)






















(156
)


(156
)Total revenues


606



372



376



55



1,409



(70
)


1,339ExpensesPolicyholder benefits and claims


63



188



69







320



7



327Interest credited to policyholder account balances


180



50



60







290



(3
)


287Capitalization of DAC


(191
)


(5
)


(101
)


(13
)


(310
)






(310
)Amortization of DAC and VOBA


110



1



71



2



184



(67
)


117Interest expense on debt














17



17



93



110Other expenses


308



16



233



30



587







587Total expenses


470



250



332



36



1,088



30



1,118Provision for income tax expense (benefit)


47



43



16



(11
)


95



(34
)


61Operating earnings

$
89


$
79


$
28


$
30



226Adjustments to:Total revenues


(70
)Total expenses


(30
)Provision for income tax (expense) benefit


34Net income

$
160






$
160   78




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Operating EarningsCorporateRetirement


Benefit


Insurance


Corporate








TotalThree Months Ended March 31, 2010

Products


Funding


Products


& Other


Total


Adjustments


Consolidated(In millions)RevenuesPremiums

$
58


$
371


$
28


$
(2
)

$
455


$



$
455Universal life and investment-type product policy fees


208



8



130



5



351



18



369Net investment income


229



269



114



83



695



95



790Other revenues


76



1



33







110







110Net investment gains (losses)






















37



37Net derivative gains (losses)






















(308
)


(308
)Total revenues


571



649



305



86



1,611



(158
)


1,453ExpensesPolicyholder benefits and claims


86



499



84



1



670



24



694Interest credited to policyholder account balances


182



45



58



45



330



(14
)


316Capitalization of DAC


(120
)


(1
)


(98
)


(11
)


(230
)






(230
)Amortization of DAC and VOBA


92







71



1



164



(100
)


64Interest expense on debt














17



17



103



120Other expenses


219



9



208



29



465







465Total expenses


459



552



323



82



1,416



13



1,429Provision for income tax expense (benefit)


39



34



(7
)


(14
)


52



(60
)


(8
)Operating earnings

$
73


$
63


$
(11
)

$
18



143Adjustments to:Total revenues


(158
)Total expenses


(13
)Provision for income tax (expense) benefit


60Net income

$
32






$
32     March 31, 2011


December 31, 2010(In millions)Retirement Products

$
90,208


$
87,461Corporate Benefit Funding


31,533



30,491Insurance Products


17,768



16,296Corporate & Other


21,037



20,637Total

$
160,546


$
154,885    79




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      8.
    Related
    Party Transactions  Service
    Agreements
  and/or
  Three MonthsEndedMarch 31,2011


2010(In millions)Compensation

$
63


$
36Commissions


185



123Volume-related costs


48



67Professional services


4



Rent


6



Other


71



72Total other expenses

$
377


$
298     Three MonthsEndedMarch 31,2011

2010(In millions)Universal life and investment-type product policy fees

$
33


$
26Other revenues

$
31


$
23     Reinsurance
    Transactions
   80




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
      Three MonthsEndedMarch 31,2011


2010(In millions)Premiums:Reinsurance assumed

$
(2
)

$
4Reinsurance ceded


(54
)


(59
)Net premiums

$
(56
)

$
(55
)Universal life and investment-type product policy fees:Reinsurance assumed

$
20


$
11Reinsurance ceded


(91
)


(61
)Net universal life and investment-type product policy fees

$
(71
)

$
(50
)Other revenues:Reinsurance assumed

$



$
Reinsurance ceded


80



74Net other revenues

$
80


$
74Policyholder benefits and claims:Reinsurance assumed

$
3


$
1Reinsurance ceded


(115
)


(84
)Net policyholder benefits and claims

$
(112
)

$
(83
)Interest credited to policyholder account balances:Reinsurance assumed

$
16


$
15Reinsurance ceded


(18
)


(12
)Net interest credited to policyholder account balances

$
(2
)

$
3Other expenses:Reinsurance assumed

$
15


$
12Reinsurance ceded


45



24Net other expenses

$
60


$
36  81




---



##### Table of Contents



MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    March 31, 2011


December 31, 2010Assumed


Ceded


Assumed


Ceded(In millions)Assets:Premiums, reinsurance and other receivables

$
32


$
9,265


$
40


$
9,826Deferred policy acquisition costs and value of business acquired


158



(487
)


164



(484
)Total assets

$
190


$
8,778


$
204


$
9,342Liabilities:Future policy benefits

$
42


$



$
41


$
Other policy-related balances


1,449



542



1,435



508Other liabilities


16



2,914



12



3,200Total liabilities

$
1,507


$
3,456


$
1,488


$
3,708      82




---



##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations  Form 10-Q. Form 10-K
          
    Universal life and investment-type product policy fees exclude
    the amortization of unearned revenue related to net investment
    gains (losses) and net derivative gains (losses) and certain
    variable annuity guaranteed minimum income benefits
    (GMIB) fees (GMIB Fees); and
    Net investment income: (i) includes amounts for scheduled
    periodic settlement payments and amortization of premium on
    derivatives that are hedges of investments but do not qualify
    for hedge accounting treatment, (ii) excludes certain
    amounts related to contractholder-directed unit-linked
    investments and (iii) excludes certain amounts related to
    securitization entities that are variable interest entities
    (VIEs) consolidated under GAAP.    
    Policyholder benefits and claims exclude (i) amounts
    associated with periodic crediting rate adjustments based on the
    total return of a contractually referenced pool of assets,
    (ii) benefits and hedging costs related to GMIBs
    (GMIB Costs) and (iii) market value adjustments
    associated with surrenders or terminations of contracts
    (Market Value Adjustments);
    Interest credited to policyholder account balances includes
    adjustments for scheduled periodic settlement payments and
    amortization of premium on derivatives that are hedges of
    policyholder account balances but do not qualify for hedge
    accounting treatment and amounts related to net investment
    income earned on contractholder-directed unit-linked investments; 83




---



##### Table of Contents




    Amortization of deferred policy acquisition costs
    (DAC) and value of business acquired
    (VOBA) exclude amounts related to (i) net
    investment gains (losses) and net derivative gains (losses),
    (ii) GMIB Fees and GMIB Costs, and (iii) Market Value
    Adjustments; and
    Interest expense on debt excludes certain amounts related to
    securitization entities that are VIEs consolidated under GAAP.        Business
      start-up
  Summary
    of Critical Accounting Estimates
    (i)
    the estimated fair value of investments in the absence of quoted
    market values;(ii)
    investment impairments;(iii)
    the recognition of income on certain investment entities and the
    application of the consolidation rules to certain investments;(iv)
    the estimated fair value of and accounting for freestanding
    derivatives and the existence and estimated fair value of
    embedded derivatives requiring bifurcation;(v)
    the capitalization and amortization of DAC and the establishment
    and amortization of VOBA;(vi)
    the measurement of goodwill and related impairment, if any; 84




---



##### Table of Contents



(vii)
    the liability for future policyholder benefits and the
    accounting for reinsurance contracts;(viii)
    accounting for income taxes and the valuation of deferred tax
    assets; and(ix)
    the liability for litigation and regulatory matters.      Economic
    Capital
      Results
    of Operations
  Three
    Months Ended March 31, 2011 Compared with the Three Months
    Ended March 31, 2010
    85




---



##### Table of Contents



Three MonthsEndedMarch 31,2011


2010


Change


% Change(In millions)RevenuesPremiums

$
136


$
455


$
(319
)


(70.1
)%Universal life and investment-type product policy fees


455



369



86



23.3
%Net investment income


788



790



(2
)


(0.3
)%Other revenues


130



110



20



18.2
%Net investment gains (losses)


(14
)


37



(51
)


(137.8
)%Net derivative gains (losses)


(156
)


(308
)


152



49.4
%Total revenues


1,339



1,453



(114
)


(7.8
)%ExpensesPolicyholder benefits and claims


327



694



(367
)


(52.9
)%Interest credited to policyholder account balances


287



316



(29
)


(9.2
)%Capitalization of DAC


(310
)


(230
)


(80
)


(34.8
)%Amortization of DAC and VOBA


117



64



53



82.8
%Interest expense on debt


110



120



(10
)


(8.3
)%Other expenses


587



465



122



26.2
%Total expenses


1,118



1,429



(311
)


(21.8
)%Income (loss) before provision for income tax


221



24



197



820.8
%Provision for income tax expense (benefit)


61



(8
)


69



862.5
%Net income

$
160


$
32


$
128



400.0
%        86




---



##### Table of Contents



sub-sectors
           87




---



##### Table of Contents



Reconciliation
    of net income to operating earnings
  Three MonthsEndedMarch 31,2011


2010(In millions)Net income

$
160


$
32Less: Net investment gains (losses)


(14
)


37Less: Net derivative gains (losses)


(156
)


(308
)Less: Other adjustments to net income (1)


70



100Less: Provision for income tax (expense) benefit


34



60Operating earnings

$
226


$
143     (1)
    
    See definitions of operating revenues and operating expenses for
    the components of such adjustments.  Reconciliation
    of GAAP revenues to operating revenues and GAAP expenses to
    operating expenses
  Three MonthsEndedMarch 31,2011


2010(In millions)Total revenues

$
1,339


$
1,453Less: Net investment gains (losses)


(14
)


37Less: Net derivative gains (losses)


(156
)


(308
)Less: Adjustments related to net investment gains (losses) and
    net derivative gains (losses)


(2
)


(1
)Less: Other adjustments to revenues (1)


102



114Total operating revenues

$
1,409


$
1,611Total expenses

$
1,118


$
1,429Less: Adjustments related to net investment gains (losses) and
    net derivative gains (losses)


(70
)


(101
)Less: Other adjustments to expenses (1)


100



114Total operating expenses

$
1,088


$
1,416     (1)
    
    See definitions of operating revenues and operating expenses for
    the components of such adjustments.     88




---



##### Table of Contents



Adoption
    of New Accounting Pronouncements
    Future
    Adoption of New Accounting Pronouncements
    Item 4.
    Controls and Procedures  Rule 15d-15(e)
  Rule 15d-15(f)
 89




---



##### Table of Contents



Part II 
    Other Information  Item 1.
    Legal
    Proceedings  Form 10-K
    and/or and/or
 Item 1A.
    Risk Factors    Difficult
    Conditions in the Global Capital Markets and the Economy
    Generally May Materially Adversely Affect Our Business and
    Results of Operations and These Conditions May Not Improve in
    the Near Future
   90




---



##### Table of Contents



and/or
     91




---



##### Table of Contents



Item 6.
    Exhibits  (Note Regarding Reliance on Statements in Our Contracts:In reviewing the agreements included as exhibits to this
    Quarterly Report on
    Form 10-Q,
    please remember that they are included to provide you with
    information regarding their terms and are not intended to
    provide any other factual or disclosure information about
    MetLife Insurance Company of Connecticut, its subsidiaries or
    the other parties to the agreements. The agreements contain
    representations and warranties by each of the parties to the
    applicable agreement. These representations and warranties have
    been made solely for the benefit of the other parties to the
    applicable agreement and (i) should not in all instances be
    treated as categorical statements of fact, but rather as a way
    of allocating the risk to one of the parties if those statements
    prove to be inaccurate; (ii) have been qualified by
    disclosures that were made to the other party in connection with
    the negotiation of the applicable agreement, which disclosures
    are not necessarily reflected in the agreement; (iii) may
    apply standards of materiality in a way that is different from
    what may be viewed as material to investors; and (iv) were
    made only as of the date of the applicable agreement or such
    other date or dates as may be specified in the agreement and are
    subject to more recent developments. Accordingly, these
    representations and warranties may not describe the actual state
    of affairs as of  the date they were made or at any other time.
    Additional information about MetLife Insurance Company of
    Connecticut and its subsidiaries may be found elsewhere in this
    Quarterly Report on
    Form 10-Q
    and MetLife Insurance Company of Connecticuts other public
    filings, which are available without charge through the
    SECs website at www.sec.gov.)
  ExhibitNo.

Description31
.1

Certification of Chief Executive Officer pursuant to
    Section 302 of the Sarbanes-Oxley Act of 2002.31
.2

Certification of Chief Financial Officer pursuant to
    Section 302 of the Sarbanes-Oxley Act of 2002.32
.1

Certification of Chief Executive Officer pursuant to
    Section 906 of the Sarbanes-Oxley Act of 2002.32
.2

Certification of Chief Financial Officer pursuant to
    Section 906 of the Sarbanes-Oxley Act of 2002.  92




---



##### Table of Contents



Signatures      By:
    /s/  Peter
    M. Carlson   Title:
    Executive Vice President, Finance Operations and     93




---



##### Table of Contents



Exhibit Index  (Note Regarding Reliance on Statements in Our Contracts:In reviewing the agreements included as exhibits to this
    Quarterly Report on
    Form 10-Q,
    please remember that they are included to provide you with
    information regarding their terms and are not intended to
    provide any other factual or disclosure information about
    MetLife Insurance Company of Connecticut, its subsidiaries or
    the other parties to the agreements. The agreements contain
    representations and warranties by each of the parties to the
    applicable agreement. These representations and warranties have
    been made solely for the benefit of the other parties to the
    applicable agreement and (i) should not in all instances be
    treated as categorical statements of fact, but rather as a way
    of allocating the risk to one of the parties if those statements
    prove to be inaccurate; (ii) have been qualified by
    disclosures that were made to the other party in connection with
    the negotiation of the applicable agreement, which disclosures
    are not necessarily reflected in the agreement; (iii) may
    apply standards of materiality in a way that is different from
    what may be viewed as material to investors; and (iv) were
    made only as of the date of the applicable agreement or such
    other date or dates as may be specified in the agreement and are
    subject to more recent developments. Accordingly, these
    representations and warranties may not describe the actual state
    of affairs as of the date they were made or at any other time.
    Additional information about MetLife Insurance Company of
    Connecticut and its subsidiaries may be found elsewhere in this
    Quarterly Report on
    Form 10-Q
    and MetLife Insurance Company of Connecticuts other public
    filings, which are available without charge through the
    SECs website at www.sec.gov.)
  ExhibitNo.

Description31
.1

Certification of Chief Executive Officer pursuant to Section 302
    of the Sarbanes-Oxley Act of 2002.31
.2

Certification of Chief Financial Officer pursuant to Section 302
    of the Sarbanes-Oxley Act of 2002.32
.1

Certification of Chief Executive Officer pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.32
.2

Certification of Chief Financial Officer pursuant to Section 906
    of the Sarbanes-Oxley Act of 2002.  E-1