##### 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 SEPTEMBER 30,
    2009ORo

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

06-0566090(State or other jurisdiction
    of
    incorporation or organization)

(I.R.S. Employer
    Identification No.)1300 Hall Boulevard, Bloomfield, Connecticut

06002(Address of principal executive
    offices)

(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.




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##### 





Table of
    Contents
  PagePart I  Financial
    InformationItem 1. Financial Statements at
    September 30, 2009 (Unaudited) and December 31, 2008
    and for the Three Months and Nine Months Ended
    September 30, 2009 and 2008 (Unaudited)


4Interim Condensed Consolidated Balance Sheets


4Interim Condensed Consolidated Statements of
    Income


5Interim Condensed Consolidated Statements of
    Stockholders Equity


6Interim Condensed Consolidated Statements of Cash
    Flows


8Notes to the Interim Condensed Consolidated
    Financial Statements


9Item 2. Managements Discussion and
    Analysis of Financial Condition and Results of Operations


92Item 3. Quantitative and Qualitative
    Disclosures About Market Risk


102Item 4(T). Controls and Procedures


109Part II  Other
    Information


110Item 1. Legal Proceedings


110Item 1A. Risk Factors


110Item 6. Exhibits


113Signatures


114Exhibit Index


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




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Note
    Regarding Forward-Looking Statements
  Form 10-Q,
  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
 3




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##### 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 SheetsSeptember 30, 2009 (Unaudited) and
    December 31, 2008  (In
    millions, except share and per share data)
  September 30, 2009


December 31, 2008AssetsInvestments:Fixed maturity securities
    available-for-sale,
    at estimated fair value (amortized cost: $40,953 and $39,601,
    respectively)

$
40,017


$
34,846Equity securities
    available-for-sale,
    at estimated fair value (cost: $534 and $673, respectively)


462



474Trading securities, at estimated fair value (cost: $667 and
    $251, respectively)


725



232Mortgage and consumer loans (net of valuation allowances of $70
    and $46, respectively)


4,307



4,447Policy loans


1,187



1,192Real estate and real estate joint ventures
    held-for-investment


472



608Other limited partnership interests


1,164



1,249Short-term investments


1,277



3,127Other invested assets


1,747



2,297Total investments


51,358



48,472Cash and cash equivalents


3,205



5,656Accrued investment income


523



487Premiums and other receivables


13,601



12,463Deferred policy acquisition costs and value of business acquired


5,175



5,440Current income tax recoverable


14



66Deferred income tax assets


1,029



1,843Goodwill


953



953Other assets


775



752Separate account assets


46,719



35,892Total assets

$
123,352


$
112,024Liabilities and Stockholders EquityLiabilities:Future policy benefits

$
21,328


$
20,213Policyholder account balances


36,597



37,175Other policyholder funds


2,337



2,085Short-term debt






300Long-term debt  affiliated


950



950Payables for collateral under securities loaned and other
    transactions


6,573



7,871Other liabilities


2,171



2,604Separate account liabilities


46,719



35,892Total liabilities


116,675



107,090Contingencies, Commitments and Guarantees (Note 7)Stockholders Equity:Common stock, par value $2.50 per share; 40,000,000 shares
    authorized; 34,595,317 shares issued and outstanding at
    September 30, 2009 and December 31, 2008


86



86Additional paid-in capital


6,719



6,719Retained earnings


522



965Accumulated other comprehensive loss


(650
)


(2,836
)Total stockholders equity


6,677



4,934Total liabilities and stockholders equity

$
123,352


$
112,024   See accompanying notes to the interim condensed consolidated
    financial statements.
 4




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
 Interim
    Condensed Consolidated Statements of IncomeFor the Three Months and Nine Months Ended
    September 30, 2009 and 2008 (Unaudited)  (In
    millions)
  Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,As Restated,





As Restated,2009


2008


2009


2008RevenuesPremiums

$
302


$
84


$
986


$
294Universal life and investment-type product policy fees


326



389



909



1,060Net investment income


640



621



1,701



1,968Other revenues


118



54



493



169Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(162
)


(188
)


(478
)


(256
)Other-than-temporary
    impairments on fixed maturity securities 
    transferred to other comprehensive loss


45







122



Other net investment gains (losses), net


(69
)


268



(1,158
)


165Total net investment gains (losses)


(186
)


80



(1,514
)


(91
)Total revenues


1,200



1,228



2,575



3,400ExpensesPolicyholder benefits and claims


490



265



1,591



813Interest credited to policyholder account balances


372



253



982



849Other expenses


378



462



814



1,219Total expenses


1,240



980



3,387



2,881Income (loss) before provision for income tax


(40
)


248



(812
)


519Provision for income tax expense (benefit)


(53
)


64



(347
)


122Net income (loss)

$
13


$
184


$
(465
)

$
397   See accompanying notes to the interim condensed consolidated
    financial statements.
 5




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
 Interim
    Condensed Consolidated Statement of Stockholders EquityFor the Nine Months Ended September 30,
    2009 (Unaudited)  (In
    millions)
  Accumulated Other Comprehensive LossNet





ForeignAdditional





Unrealized


Other-Than-


CurrencyCommon


Paid-in


Retained


Investment


Temporary


Translation


TotalStock


Capital


Earnings


Gains (Losses)


Impairments


Adjustments


EquityBalance at December 31, 2008

$
86


$
6,719


$
965


$
(2,682
)

$



$
(154
)

$
4,934Cumulative effect of changes in accounting principle, net of
    income tax (Note 1)










22







(22
)






Comprehensive income (loss):Net loss










(465
)














(465
)Other comprehensive income (loss):Unrealized gains (losses) on derivative instruments, net of
    income tax














(1
)










(1
)Unrealized investment gains (losses), net of related offsets and
    income tax














2,228



(57
)






2,171Foreign currency translation adjustments, net of income tax






















38



38Other comprehensive income (loss)


























2,208Comprehensive income (loss)


























1,743Balance at September 30, 2009

$
86


$
6,719


$
522


$
(455
)

$
(79
)

$
(116
)

$
6,677   See accompanying notes to the interim condensed consolidated
    financial statements.
 6




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
  Interim
    Condensed Consolidated Statement of Stockholders EquityFor the Nine Months Ended September 30,
    2008 (Unaudited)  (Continued)
  (In
    millions)
  Accumulated OtherComprehensive LossNet


ForeignAdditional





Unrealized


CurrencyCommon


Paid-in


Retained


Investment


Translation


TotalStock


Capital


Earnings


Gains (Losses)


Adjustments


EquityBalance at December 31, 2007

$
86


$
6,719


$
892


$
(361
)

$
12


$
7,348Comprehensive income (loss):Net income, As Restated










397











397Other comprehensive income (loss):Unrealized gains (losses) on derivative instruments, net of
    income tax














10







10Unrealized investment gains (losses), net of related offsets and
    income tax














(1,569
)






(1,569
)Foreign currency translation adjustments, net of income tax


















(60
)


(60
)Other comprehensive loss






















(1,619
)Comprehensive loss, As Restated






















(1,222
)Balance at September 30, 2008, As Restated

$
86


$
6,719


$
1,289


$
(1,920
)

$
(48
)

$
6,126   See accompanying notes to the interim condensed consolidated
    financial statements.
 7




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
 Interim
    Condensed Consolidated Statements of Cash FlowsFor the Nine Months Ended September 30,
    2009 and 2008 (Unaudited)  (In
    millions)
  Nine MonthsEndedSeptember 30,As Restated,2009


2008Cash flows from operating activitiesNet income (loss)

$
(465
)

$
397Adjustments to reconcile net income (loss) to net cash (used in)
    provided by operating activities:Depreciation and amortization expenses


21



21Amortization of premiums and accretion of discounts associated
    with investments, net


(113
)


(1
)Loss from sales of investments, net


1,515



95Undistributed equity earnings of real estate joint ventures and
    other limited partnership interests


124



(6
)Interest credited to policyholder account balances


982



849Universal life and investment-type product policy fees


(909
)


(1,060
)Change in accrued investment income


(36
)


91Change in premiums and other receivables


(1,905
)


(599
)Change in deferred policy acquisition costs, net


(452
)


33Change in insurance-related liabilities


1,315



438Change in trading securities


(399
)


Change in income tax recoverable


(295
)


105Change in other assets


322



463Change in other liabilities


(407
)


557Other, net


15



Net cash (used in) provided by operating activities


(687
)


1,383Cash flows from investing activitiesSales, maturities and repayments of:Fixed maturity securities


9,538



14,047Equity securities


67



73Mortgage and consumer loans


314



373Real estate and real estate joint ventures


1



14Other limited partnership interests


112



181Purchases of:Fixed maturity securities


(11,211
)


(11,902
)Equity securities


(36
)


(153
)Mortgage and consumer loans


(209
)


(429
)Real estate and real estate joint ventures


(26
)


(88
)Other limited partnership interests


(137
)


(404
)Net change in short-term investments


1,932



815Net change in other invested assets


(184
)


189Net change in policy loans


5



(285
)Net cash provided by investing activities


166



2,431Cash flows from financing activitiesPolicyholder account balances:Deposits


15,355



2,297Withdrawals


(15,693
)


(4,435
)Net change in short-term debt


(300
)


Long-term debt issued  affiliated






750Long-term debt repaid  affiliated






(435
)Debt issuance costs






(8
)Net change in payables for collateral under securities loaned
    and other transactions


(1,298
)


(372
)Financing element on certain derivative instruments


(28
)


(23
)Net cash used in financing activities


(1,964
)


(2,226
)Effect of change in foreign currency exchange rates on cash
    balances


34



(49
)Change in cash and cash equivalents


(2,451
)


1,539Cash and cash equivalents, beginning of period


5,656



1,774Cash and cash equivalents, end of period

$
3,205


$
3,313Supplemental disclosures of cash flow information:Net cash paid (received) during the period for:Interest

$
40


$
29Income tax

$
(52
)

$
23   See accompanying notes to the interim condensed consolidated
    financial statements.
 8




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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
    (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;(iv)
    the application of the consolidation rules to certain
    investments;(v)
    the existence and estimated fair value of embedded derivatives
    requiring bifurcation;(vi)
    the estimated fair value of and accounting for derivatives;(vii)
    the capitalization and amortization of deferred policy
    acquisition costs (DAC) and the establishment and
    amortization of value of business acquired (VOBA);(viii)
    the measurement of goodwill and related impairment, if any;(ix)
    the liability for future policyholder benefits;(x)
    accounting for income taxes and the valuation of deferred income
    tax assets;(xi)
    accounting for reinsurance transactions; and(xii)
    the liability for litigation and regulatory matters.         9




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
        Form 10-K
  FASB Accounting Standards
    Codification
  Adoption
    of New Accounting Pronouncements
  Financial
    Instruments
  other-than-temporary other-than-temporary
 10




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
              
    The first update provides guidance on: (i) estimating the fair
    value of an asset or liability if there was a significant
    decrease in the volume and level of trading activity for these
    assets or liabilities; and (ii) identifying transactions
    that are not orderly. Further, it requires disclosure in interim
    financial statements of the inputs and valuation techniques used
    to measure fair value. The adoption of this update did not have
    an impact on the Companys consolidated financial
    statements. Additionally, the Company has provided all of the
    material required disclosures in its consolidated financial
    statements.
    The second update requires interim financial instrument fair
    value disclosures similar to those included in annual financial
    statements. The Company has provided all of the material
    required disclosures in its consolidated financial statements.     11




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Business
    Combinations and Noncontrolling Interests
    
    All business combinations (whether full, partial or
    step acquisitions) result in all assets and
    liabilities of an acquired business being recorded at fair
    value, with limited exceptions.
    Acquisition costs are generally expensed as incurred;
    restructuring costs associated with a business combination are
    generally expensed as incurred subsequent to the acquisition
    date.
    The fair value of the purchase price, including the issuance of
    equity securities, is determined on the acquisition date.
    Assets acquired and liabilities assumed in a business
    combination that arise from contingencies are recognized at fair
    value if the acquisition-date fair value can be reasonably
    determined. If the fair value is not estimable, an asset or
    liability is recorded if existence or incurrence at the
    acquisition date is probable and its amount is reasonably
    estimable.
    Changes in deferred income tax asset valuation allowances and
    income tax uncertainties after the acquisition date generally
    affect income tax expense.
    Noncontrolling interests (formerly known as minority
    interests) are valued at fair value at the acquisition
    date and are presented as equity rather than liabilities.
    Net income includes amounts attributable to noncontrolling
    interests.
    When control is attained on previously noncontrolling interests,
    the previously held equity interests are remeasured at fair
    value and a gain or loss is recognized.
    Purchases or sales of equity interests that do not result in a
    change in control are accounted for as equity transactions.
    When control is lost in a partial disposition, realized gains or
    losses are recorded on equity ownership sold and the remaining
    ownership interest is remeasured and holding gains or losses are
    recognized.       12




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##### 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)
      Other
    Pronouncements
        Future
    Adoption of New Accounting Pronouncements
  2009-12, Fair Value Measurements and Disclosures (Topic 820):
    Investments in Certain Entities That Calculate Net Asset Value
    per Share (or Its Equivalent) 2009-12). 2009-12 2009-12
  2009-05, Fair Value Measurements and Disclosures (Topic 820):
    Measuring Liabilities at Fair Value 2009-05). 2009-05
 13




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  2009-05
    
    The financial instrument transfer guidance eliminates the
    concept of a qualifying special purpose entity,
    eliminates the guaranteed mortgage securitization exception,
    changes the criteria for achieving sale accounting when
    transferring a financial asset and changes the initial
    recognition of retained beneficial interests. The guidance also
    requires additional disclosures about transfers of financial
    assets, including securitized transactions, as well as a
    companys continuing involvement in transferred financial
    assets. The Company is currently evaluating the impact of the
    new guidance on its consolidated financial statements.
    The consolidation guidance relating to special purpose entities
    changes the determination of the primary beneficiary of a VIE
    from a quantitative model to a qualitative model. Under the new
    qualitative model, the primary beneficiary must have both the
    ability to direct the activities of the VIE and the obligation
    to absorb either losses or gains that could be significant to
    the VIE. The guidance also changes when reassessment is needed,
    as well as requires enhanced disclosures, including the effects
    of a companys involvement with VIEs on its financial
    statements. The Company is currently evaluating the impact of
    the new guidance on its consolidated financial statements.  2.
    Investments  Fixed
    Maturity and Equity Securities
    Available-for-Sale
    September 30, 2009Cost or


Gross Unrealized


EstimatedAmortized





Temporary


OTTI


Fair


% ofCost


Gain


Loss


Loss


Value


Total(In millions)U.S. corporate securities (1)

$
15,457


$
532


$
723


$
(6
)

$
15,272



38.1
%Foreign corporate securities


6,927



319



273



7



6,966



17.4Residential mortgage-backed securities


6,803



204



520



84



6,403



16.0U.S. Treasury and agency securities


4,717



220



97







4,840



12.1Commercial mortgage-backed securities


2,876



37



259



14



2,640



6.6Asset-backed securities


2,506



36



282



23



2,237



5.6State and political subdivision securities


1,130



32



98







1,064



2.7Foreign government securities


537



62



4







595



1.5Total fixed maturity securities (2), (3)

$
40,953


$
1,442


$
2,256


$
122


$
40,017



100.0
%Non-redeemable preferred stock (2)

$
402


$
9


$
90


$



$
321



69.5
%Common stock


132



10



1







141



30.5Total equity securities (4)

$
534


$
19


$
91


$



$
462



100.0
%   14




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MetLife
    Insurance Company of Connecticut
    (A Wholly-Owned Subsidiary of MetLife, Inc.)
    Notes to the Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  December 31, 2008Cost or








EstimatedAmortized


Gross Unrealized


Fair


% ofCost


Gain


Loss


Value


Total(In millions)U.S. corporate securities

$
15,440


$
126


$
2,335


$
13,231



38.0
%Foreign corporate securities


6,157



41



1,136



5,062



14.5Residential mortgage-backed securities


7,901



124



932



7,093



20.4U.S. Treasury and agency securities


3,407



926







4,333



12.4Commercial mortgage-backed securities


2,933



6



665



2,274



6.5Asset-backed securities


2,429



1



703



1,727



5.0State and political subdivision securities


880



2



225



657



1.9Foreign government securities


454



48



33



469



1.3Total fixed maturity securities (2), (3)

$
39,601


$
1,274


$
6,029


$
34,846



100.0
%Non-redeemable preferred stock (2)

$
551


$
1


$
196


$
356



75.1
%Common stock


122



1



5



118



24.9Total equity securities (4)

$
673


$
2


$
201


$
474



100.0
%     (1)
    
    OTTI loss as presented above, represents the noncredit portion
    of OTTI loss that is included in accumulated other comprehensive
    income. OTTI loss includes both the initial recognition of
    noncredit losses, and the effects of subsequent increases and
    decreases in estimated fair value for those fixed maturity
    securities that were previously noncredit loss impaired. The
    noncredit loss component of OTTI loss for U.S. corporate
    securities was in an unrealized gain position of $6 million
    at September 30, 2009 due to increases in estimated fair
    value subsequent to initial recognition of noncredit losses on
    such securities. See also  Net Unrealized
    Investment Gains (Losses).(2)
    
    The Company classifies perpetual securities that have attributes
    of both debt and equity as fixed maturity securities if the
    security has a punitive interest rate
    step-up
    feature, as it believes in most instances this feature will
    compel the issuer to redeem the security at the specified call
    date. Perpetual securities that do not have a punitive interest
    rate step-up
    feature are classified as 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

September 30, 2009


December 31, 2008Estimated


EstimatedFair


FairConsolidated Balance Sheets

Sector Table

Primary Issuers

Value


Value(In millions)Equity securities

Non-redeemable preferred stock

Non-U.S. financial institutions

$
278


$
304Equity securities

Non-redeemable preferred stock

U.S. financial institutions

$
39


$
52Fixed maturity securities

Foreign corporate securities

Non-U.S. financial institutions

$
601


$
425Fixed maturity securities

U.S. corporate securities

U.S. financial institutions

$
17


$
16   (3)
    
    At September 30, 2009 and December 31, 2008, the
    Company held $512 million and $385 million at
    estimated fair value, respectively, of redeemable preferred
    stock which have stated maturity dates. These securities,
    commonly referred to as capital securities, are
    primarily issued by U.S. financial institutions, have cumulative
    interest deferral features and are included in the U.S.
    corporate securities sector within fixed maturity securities. 15




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##### 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)
   (4)
    
    Equity securities primarily consist of investments in common and
    preferred stocks, including certain perpetual hybrid securities,
    and mutual fund interests. Such securities include common stock
    of privately held companies with an estimated fair value of
    $82 million and $102 million at September 30,
    2009 and December 31, 2008, respectively.    September 30, 2009


December 31, 2008(In millions)Below investment grade or non-rated fixed maturity securities:Estimated fair value

$
4,120


$
2,559Net unrealized loss

$
734


$
1,130Non-income producing fixed maturity securities:Estimated fair value

$
75


$
17Net unrealized loss

$
3


$
2Fixed maturity securities credit enhanced by financial guarantor
    insurers  by 
    sector  at estimated fair value:State and political subdivision securities

$
543


$
415U.S. corporate securities


465



525Asset-backed securities


107



145Foreign corporate securities


7



Residential mortgage-backed securities


8



8Commercial mortgage-backed securities


2



3Total fixed maturity securities credit enhanced by financial
    guarantor insurers

$
1,132


$
1,096Ratings of the financial guarantor insurers providing the credit
    enhancement:Portion rated Aa/AA


26.5
%


20.4
%Portion rated A


38.0
%



%Portion rated Baa/BBB



%


65.0
%   Concentrations of Credit Risk (Fixed Maturity
    Securities) Summary.
    Concentrations of Credit Risk Fixed Maturity
    Securities) U.S. and Foreign Corporate
    Securities.
 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)
    September 30, 2009


December 31, 2008Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)Corporate fixed maturity securities  by industry type:Foreign (1)

$
6,966



31.3
%

$
5,062



27.6
%Consumer


3,452



15.5



2,666



14.6Utility


3,363



15.1



2,810



15.4Finance


3,240



14.6



3,397



18.6Industrial


2,860



12.9



1,775



9.7Communications


1,660



7.5



1,305



7.1Other


697



3.1



1,278



7.0Total

$
22,238



100.0
%

$
18,293



100.0
%     (1)
    
    Includes U.S. Dollar-denominated debt obligations of foreign
    obligors and other fixed maturity securities foreign investments.  September 30, 2009


December 31, 2008Estimated





EstimatedFair


% of Total


Fair


% of TotalValue


Investments


Value


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

$
210



0.4
%

$
313



0.6
%Holdings in top ten issuers

$
1,785



3.5
%

$
1,732



3.6
%  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)  Residential Mortgage-Backed
    Securities.
  September 30, 2009


December 31, 2008Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


Total(In millions)By security type:Collateralized mortgage obligations

$
4,278



66.8
%

$
5,028



70.9
%Pass-through securities


2,125



33.2



2,065



29.1Total residential mortgage-backed securities

$
6,403



100.0
%

$
7,093



100.0
%By risk profile:Agency

$
4,622



72.2
%

$
4,856



68.4
%Prime


1,130



17.6



1,531



21.6Alternative residential mortgage loans


651



10.2



706



10.0Total residential mortgage-backed securities

$
6,403



100.0
%

$
7,093



100.0
%Portion rated Aaa/AAA

$
4,882



76.3
%

$
6,514



91.8
%     sub-prime. Sub-prime
 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)
    Alt-A Residential Mortgage-Backed SecuritiesEstimated


Net


Rated





Hybrid2003 &




















Fair


Unrealized


Aa/AA or


Fixed


ARMPrior


2004


2005


2006


2007


2008


2009


Value


Loss


Better


Rate%


%(In millions)September 30, 2009:Amount

$
12


$
4


$
340


$
88


$
207


$



$



$
651


$
291Percentage


1.8%



0.6%



52.3%



13.5%



31.8%



%



%



100.0%







2.3%



96.6%



3.4%December 31, 2008:Amount

$
37


$
14


$
387


$
102


$
166


$



$



$
706


$
376Percentage


5.2%



2.0%



54.8%



14.5%



23.5%



%



%



100.0%







64.9%



96.4%



3.6%   Concentrations of Credit Risk (Fixed Maturity
    Securities)  Commercial Mortgage-Backed
    Securities.
    Commercial Mortgage-Backed SecuritiesEstimated


Net2003 &




















Fair


Unrealized


%Prior


2004


2005


2006


2007


2008


2009


Value


Loss


Rated Aaa(In millions)September 30, 2009:Amount

$
1,238


$
487


$
478


$
413


$
24


$



$



$
2,640


$
236Percentage


46.9%



18.4%



18.1%



15.6%



1.0%



%



%



100.0%







87.7%December 31, 2008:Amount

$
915


$
559


$
438


$
341


$
21


$



$



$
2,274


$
659Percentage


40.2%



24.6%



19.3%



15.0%



0.9%



%



%



100.0%







89.5%   Concentrations of Credit Risk (Fixed Maturity
    Securities)  Asset-Backed
    Securities. sub-prime
 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)
    September 30, 2009


December 31, 2008Estimated





EstimatedFair


% of


Fair


% ofValue


Total


Value


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

$
1,085



48.5
%

$
706



40.9
%Residential mortgage-backed securities backed by
    sub-prime
    mortgage loans


331



14.8



335



19.4Automobile loans


211



9.4



206



11.9Student loans


174



7.8



100



5.8Other loans


436



19.5



380



22.0Total

$
2,237



100.0
%

$
1,727



100.0
%Portion rated Aaa/AAA

$
1,459



65.2
%

$
1,110



64.3
%Residential mortgage-backed securities backed by
    sub-prime
    mortgage loans
     portion that is credit enhanced by financial guarantor
    insurers






15.7
%






18.0
%Of the 15.7% and 18.0% credit enhanced, the financial guarantor
    insurers are rated as follows:By financial guarantor insurers rated Aa






0.7
%






1.0
%By financial guarantor insurers rated A






0.3
%







%By financial guarantor insurers rated Baa







%






52.1
%   Concentrations of Credit Risk (Equity
    Securities).
    September 30, 2009


December 31, 2008Estimated





EstimatedAmortized


Fair


Amortized


FairCost


Value


Cost


Value(In millions)Due in one year or less

$
981


$
982


$
993


$
966Due after one year through five years


6,944



7,034



6,337



5,755Due after five years through ten years


7,621



7,715



7,329



6,195Due after ten years


13,222



13,006



11,679



10,836Subtotal


28,768



28,737



26,338



23,752Mortgage-backed and asset-backed securities


12,185



11,280



13,263



11,094Total fixed maturity securities

$
40,953


$
40,017


$
39,601


$
34,846    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)
    Evaluating
    Investments for an
    Other-Than-Temporary
    Impairment
  security-by-security other-than-temporarily
  other-than-temporarily other-than-temporarily other-than-temporarily
  other-than-temporarily
   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)
  Net
    Unrealized Investment Gains (Losses)
    September 30, 2009


December 31, 2008(In millions)Fixed maturity securities that were temporarily impaired

$
(814
)

$
(4,755
)Fixed maturity securities with noncredit OTTI losses in other
    comprehensive loss


(122
)


Total fixed maturity securities


(936
)


(4,755
)Equity securities


(72
)


(199
)Derivatives


(2
)


12Short-term investments


(18
)


(100
)Other


(5
)


(3
)Subtotal


(1,033
)


(5,045
)Amounts allocated from:DAC and VOBA on which noncredit OTTI losses have been recognized






DAC and VOBA


201



916Subtotal


201



916Deferred income tax benefit (expense) on which noncredit OTTI
    losses
    have been recognized


43



Deferred income tax benefit (expense)


255



1,447Net unrealized investment gains (losses)

$
(534
)

$
(2,682
)    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)
    Nine MonthsEndedSeptember 30, 2009(In millions)Balance, end of prior period

$
(2,682
)Cumulative effect of change in accounting principle, net of
    income tax


(22
)Fixed maturity securities on which noncredit OTTI losses have
    been recognized


(86
)Unrealized investment gains (losses) during the period


4,134Unrealized investment gains (losses) relating to:DAC and VOBA on which noncredit OTTI losses have been recognized


(2
)DAC and VOBA


(715
)Deferred income tax benefit (expense) on which noncredit OTTI
    losses have been recognized


31Deferred income tax benefit (expense)


(1,192
)Balance, end of period

$
(534
)Change in net unrealized investment gains (losses)

$
2,148  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)
  Continuous
    Gross Unrealized Loss and OTTI Loss for Fixed Maturity and
    Equity Securities
    Available-for-Sale
    by Sector
    September 30, 2009Equal to or GreaterLess than 12 Months


than 12 Months


TotalEstimated


Gross


Estimated


Gross


Estimated


GrossFair


Unrealized


Fair


Unrealized


Fair


UnrealizedValue


Loss


Value


Loss


Value


Loss(In millions, except number of securities)U.S. corporate securities

$
879


$
100


$
5,060


$
617


$
5,939


$
717Foreign corporate securities


278



18



1,757



262



2,035



280Residential mortgage-backed securities


81



8



2,006



596



2,087



604U.S. Treasury and agency securities


2,147



97



2







2,149



97Commercial mortgage-backed securities


186



3



1,408



270



1,594



273Asset-backed securities


46



15



1,070



290



1,116



305State and political subdivision securities


49



9



451



89



500



98Foreign government securities


13



1



33



3



46



4Total fixed maturity securities

$
3,679


$
251


$
11,787


$
2,127


$
15,466


$
2,378Non-redeemable preferred stock

$
33


$
12


$
234


$
78


$
267


$
90Common stock


4



1



2







6



1Total equity securities

$
37


$
13


$
236


$
78


$
273


$
91Total number of securities in an unrealized loss position


310







1,651   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)
  December 31, 2008Equal to or GreaterLess than 12 Months


than 12 Months


TotalEstimated


Gross


Estimated


Gross


Estimated


GrossFair


Unrealized


Fair


Unrealized


Fair


UnrealizedValue


Loss


Value


Loss


Value


Loss(In millions, except number of securities)U.S. corporate securities

$
6,302


$
1,001


$
4,823


$
1,334


$
11,125


$
2,335Foreign corporate securities


2,684



517



1,530



619



4,214



1,136Residential mortgage-backed securities


1,740



501



934



431



2,674



932U.S. Treasury and agency securities


34















34



Commercial mortgage-backed securities


1,485



289



679



376



2,164



665Asset-backed securities


961



221



699



482



1,660



703State and political subdivision securities


348



91



220



134



568



225Foreign government securities


229



21



20



12



249



33Total fixed maturity securities

$
13,783


$
2,641


$
8,905


$
3,388


$
22,688


$
6,029Equity securities

$
124


$
59


$
191


$
142


$
315


$
201Total number of securities in an unrealized loss position


2,634







1,340  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)
  Aging
    of Gross Unrealized Loss and OTTI Loss for Fixed Maturity and
    Equity Securities
    Available-for-Sale
    September 30, 2009Cost or


GrossAmortized Cost


Unrealized Loss


Number of 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

$
1,853


$
330


$
48


$
96



149



52Six months or greater but less than nine months


1,208



471



67



134



58



41Nine months or greater but less than twelve months


531



1,281



31



391



52



120Twelve months or greater


9,960



2,210



762



849



1,170



278Total

$
13,552


$
4,292


$
908


$
1,470Percentage of cost or amortized cost










7
%


34
%Equity Securities:Less than six months

$
2


$
18


$



$
4



4



6Six months or greater but less than nine months


10



21



2



8



2



3Nine months or greater but less than twelve months


16



43



2



16



3



3Twelve months or greater


102



152



14



45



17



12Total

$
130


$
234


$
18


$
73Percentage of cost










14
%


31
%   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)
  December 31, 2008Cost or


GrossAmortized Cost


Unrealized Loss


Number of 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

$
5,444


$
9,799


$
392


$
3,547



1,314



1,089Six months or greater but less than nine months


2,737



542



213



271



349



54Nine months or greater but less than twelve months


3,554



810



392



470



342



95Twelve months or greater


5,639



192



614



130



642



28Total

$
17,374


$
11,343


$
1,611


$
4,418Percentage of cost or amortized cost










9
%


39
%Equity Securities:Less than six months

$
23


$
298


$
3


$
130



13



50Six months or greater but less than nine months


18



53



3



20



2



5Nine months or greater but less than twelve months






102







43







9Twelve months or greater


22







2







6



Total

$
63


$
453


$
8


$
193Percentage of cost










13
%


43
%  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)
  Concentration
    of Gross Unrealized Loss and OTTI Loss for Fixed Maturity and
    Equity Securities
    Available-for-Sale
    September 30, 2009

December 31, 2008Sector:U.S. corporate securities


29
%


37
%Residential mortgage-backed securities


25



15Asset-backed securities


12



11Foreign corporate securities


11



18Commercial mortgage-backed securities


11



11State and political subdivision securities


4



4Other


8



4Total


100
%


100
%Industry:Mortgage-backed


36
%


26
%Finance


25



25Asset-backed


12



11Consumer


6



10Communications


3



7Utility


3



9Industrial


2



4Foreign government






1Other


13



7Total


100
%


100
%
   Evaluating
    Temporarily Impaired Investments
    September 30, 2009

December 31, 2008Fixed Maturity

Equity

Fixed Maturity

EquitySecurities

Securities

Securities

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


36



1



103



6Total gross unrealized loss

$
568


$
15


$
1,758


$
84Percentage of gross unrealized loss


24%



16%



29%



42%    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)
  other-than-temporarily
    available-for-sale
  September 30, 2009Non-Redeemable Preferred StockInvestment GradeAll Types ofAll Equity


Non-RedeemableSecurities


Preferred Stock


All Industries


Financial Services IndustryGross


Gross


% of All


Gross


% of All


GrossUnrealized


Unrealized


Equity


Unrealized


Non-Redeemable


Unrealized


% of All


% A RatedLoss


Loss


Securities


Loss


Preferred Stock


Loss


Industries


or Better(In millions)Less than six months

$
4


$
4



100
%

$





%

$





%



%More than six months and less than twelve months


24



24



100
%


8



33
%


8



100
%


100
%Twelve months or greater


45



45



100
%


45



100
%


45



100
%


51
%All equity securities with gross unrealized loss of 20% or more

$
73


$
73



100
%

$
53



73
%

$
53



100
%


58
%       other-than-temporary other-than-temporary
 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 Gains (Losses)
       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)
    Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Total losses on fixed maturity securities:Total OTTI losses recognized

$
(162
)

$
(188
)

$
(478
)

$
(256
)Less: Noncredit portion of OTTI losses transferred to and
    recognized in other comprehensive loss


45







122



Net OTTI losses on fixed maturity securities recognized in
    earnings


(117
)


(188
)


(356
)


(256
)Fixed maturity securities  net gains (losses) on
    sales and disposals


1



(36
)


(59
)


(110
)Total losses on fixed maturity securities


(116
)


(224
)


(415
)


(366
)Other net investment gains (losses):Equity securities


(29
)


(42
)


(107
)


(54
)Mortgage and consumer loans


(9
)


(3
)


(29
)


(35
)Real estate and real estate joint ventures


(6
)






(61
)


(2
)Other limited partnership interests


(2
)


(1
)


(68
)


(3
)Freestanding derivatives


(94
)


(74
)


(575
)


2Embedded derivatives


88



101



(190
)


195Other


(18
)


323



(69
)


172Total net investment gains (losses)

$
(186
)

$
80


$
(1,514
)

$
(91
)       Fixed Maturity Securities


Equity SecuritiesThree Months


Nine Months


Three Months


Nine MonthsEnded


Ended


Ended


EndedSeptember 30,


September 30,


September 30,


September 30,2009


2008


2009


2008


2009


2008


2009


2008(In millions)Proceeds

$
2,346


$
1,223


$
7,120


$
7,068


$
31


$
11


$
43


$
67Gross investment gains

$
41


$
43


$
112


$
85


$
(3
)

$



$
(2
)

$
5Gross investment losses


(40
)


(79
)


(171
)


(195
)


(18
)


(12
)


(22
)


(18
)Total OTTI losses recognized in earnings:Credit-related


(97
)


(153
)


(319
)


(221
)














Other (1)


(20
)


(35
)


(37
)


(35
)


(8
)


(30
)


(83
)


(41
)Total OTTI losses recognized in earnings


(117
)


(188
)


(356
)


(256
)


(8
)


(30
)


(83
)


(41
)Net investment gains (losses)

$
(116
)

$
(224
)

$
(415
)

$
(366
)

$
(29
)

$
(42
)

$
(107
)

$
(54
)  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)
    (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 fair value.      
    Three Months Ended September 30, 2009 compared to the
    Three Months Ended September 30, 2008 In
    the third quarter of 2008, the stress experienced in the global
    financial markets, caused several financial institutions to
    enter bankruptcy, enter Federal Deposit Insurance Corporation
    receivership or receive significant government capital
    infusions. The Company incurred fixed maturity and equity
    securities impairments of $146 million ($145 million
    on fixed maturity security holdings and $1 million on
    equity security holdings) related to security holdings on three
    such financial institutions in the third quarter of 2008. In
    addition, the Company incurred fixed maturity security
    impairments of $35 million in the third quarter of 2008 on
    securities the Company either lacked the intent to hold, or due
    to extensive credit spread widening, the Company was uncertain
    of its intent to hold these securities for a period of time
    sufficient to allow for recovery of the market value decline.
    Accordingly, impairments on the Companys financial
    services industry holdings, and total impairments across all
    sectors, were higher in the third quarter of 2008 than the third
    quarter of 2009 as presented in the tables below.
    Nine Months Ended September 30, 2009 compared to the
    Nine Months Ended September 30, 2008 
    Conversely, impairments for the nine months ended
    September 30, 2009 were higher than for the nine months
    ended September 30, 2008, due to increased fixed maturity
    security impairments across several industry sectors as
    presented in the tables below, and not as a result of a
    concentration in the financial services industry sector.
    Impairments across these several industry sectors increased due
    to financial restructurings, bankruptcy filings, ratings
    downgrades, or difficult operating environments of the issuers.   32




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##### 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


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)U.S. and foreign corporate securities:Communications

$
16


$
1


$
86


$
1Finance


48



145



84



194Consumer


19



4



53



20Industrial










18



Utility










6



Other






35







35Total U.S. and foreign corporate securities


83



185



247



250Commercial mortgage-backed securities


20







55



Asset-backed securities


2



3



39



6Residential mortgage-backed securities


12







15



Total

$
117


$
188


$
356


$
256     Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Sector:Non-redeemable preferred stock

$
8


$
30


$
79


$
38Common stock (1)










4



3Total

$
8


$
30


$
83


$
41Industry:Financial services industry:Perpetual hybrid securities (2)

$
8


$
5


$
59


$
5Common and remaining non-redeemable preferred stock






25



3



32Total financial services industry


8



30



62



37Other










21



4Total

$
8


$
30


$
83


$
41     (1)
    
    With respect to common stock holdings, the Company considered
    the duration and severity of the securities in an unrealized
    loss position of 20% or more; and the duration of the securities
    in an unrealized loss position of 33




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##### 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)
  20% or less in an extended unrealized loss position (i.e.,
    12 months or greater) in determining the
    other-than-temporary
    impairment charge for such securities.(2)
    
    Impairment due to a deterioration in the credit rating of the
    issuer to below investment grade and due to a severe and
    extended unrealized loss position.  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
    Loss
    Three Months


Nine MonthsEnded


EndedSeptember 30, 2009


September 30, 2009(In millions)Balance, beginning of period

$
159


$
Credit loss component of OTTI loss not reclassified to other
    comprehensive loss in the cumulative effect transition adjustment






92Additions:Initial impairments  credit loss OTTI recognized on
    securities not previously impaired


14



81Additional impairments  credit loss OTTI recognized
    on securities previously impaired


32



37Reductions:Due to sales (or maturities, pay downs or prepayments) during
    the period of securities previously credit loss OTTI impaired


(4
)


(9
)Balance, end of period

$
201


$
201  34




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##### 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 Months


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Fixed maturity securities

$
530


$
600


$
1,566


$
1,877Equity securities


5



7



20



32Trading securities


75







82



Mortgage and consumer loans


59



62



176



193Policy loans


19



13



60



46Real estate and real estate joint ventures (1)


(36
)


8



(94
)


22Other limited partnership interests (2)


16



(4
)


(35
)


12Cash, cash equivalents and short-term investments


3



15



14



55International joint ventures


(1
)


(1
)


(2
)


(3
)Other


(1
)


(1
)


(2
)


(3
)Total investment income


669



699



1,785



2,231Less: Investment expenses


29



78



84



263Net investment income

$
640


$
621


$
1,701


$
1,968     (1)
    
    Net investment income from wholly-owned real estate was more
    than offset by losses incurred on real estate joint ventures.
    Net investment income from real estate joint ventures within the
    real estate and real estate joint ventures caption represents
    distributions for investments accounted for under the cost
    method and equity in earnings for investments accounted for
    under the equity method. Overall, for the three months and nine
    months ended September 30, 2009, the net amount recognized
    were losses of $36 million and $94 million,
    respectively, resulting primarily from declining property
    valuations on certain investment funds that carry their real
    estate at estimated fair value and operating losses incurred on
    properties that were developed for sale by development joint
    ventures. The commercial real estate properties underlying these
    investment funds have experienced declines in estimated fair
    value driven by capital market factors and deteriorating market
    conditions, which has led to declining property valuations,
    while the development joint ventures have experienced fewer
    property sales due to declining real estate market fundamentals
    and decreased availability of lending to finance these types of
    transactions.(2)
    
    Net investment income from other limited partnership interests,
    including hedge funds, represents distributions from other
    limited partnership interests accounted for under the cost
    method and equity in earnings from other limited partnership
    interests accounted for under the equity method. Overall for the
    nine months ended September 30, 2009, the net amount
    recognized was a loss of $35 million, resulting principally
    from losses on equity method investments. Such earnings and
    losses recognized for other limited partnership interests are
    impacted by volatility in the equity and credit markets.   35




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##### 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)
  Securities
    Lending
      September 30, 2009


December 31, 2008(In millions)Securities on loan:Cost or amortized cost

$
5,121


$
5,638Estimated fair value

$
5,327


$
6,346Aging of cash collateral liability:Open (1)

$
580


$
1,222Less than thirty days


2,002



4,284Greater than thirty days to sixty days


1,106



901Greater than sixty days to ninety days


281



Greater than ninety days


1,503



Total cash collateral liability

$
5,472


$
6,407Security collateral on deposit from counterparties

$
8


$
153Reinvestment portfolio  estimated fair value

$
4,824


$
4,988     (1)
    
    Open terms  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.     36




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##### 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
    on Deposit and Pledged as Collateral
    September 30, 2009


December 31, 2008(In millions)Assets on deposit:Regulatory agencies (1)

$
21


$
23Assets pledged as collateral:Debt and funding agreements  FHLB of Boston (2)


424



1,284Derivative transactions (3)


27



66Total assets on deposit and pledged as collateral

$
472


$
1,373     (1)
    
    The Company had investment assets on deposit with regulatory
    agencies consisting primarily of fixed maturity and equity
    securities.(2)
    
    The Company has pledged fixed maturity securities in support of
    its debt and funding agreements with the Federal Home Loan Bank
    of Boston (FHLB of Boston). The nature of these
    Federal Home Loan Bank arrangements is described in Note 6
    of the Notes to the Consolidated Financial Statements included
    in the 2008 Annual Report.(3)
    
    Certain of the Companys invested assets are pledged as
    collateral for various derivative transactions as described in
    Note 3.    Trading
    Securities
       37




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##### 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)
  Variable
    Interest Entities
    September 30, 2009


December 31, 2008Maximum





MaximumCarrying


Exposure


Carrying


ExposureAmount (1)


to Loss (2)


Amount (1)


to Loss (2)(In millions)Fixed maturity securities
    available-for-sale:U.S. corporate securities

$
273


$
273


$
182


$
182Foreign corporate securities


247



247



152



152Real estate joint ventures


32



39



41



41Other limited partnership interests


656



1,000



672



1,060Total

$
1,208


$
1,559


$
1,047


$
1,435     (1)
    
    See Note 1 of the Notes to the Consolidated Financial
    Statements included in the 2008 Annual Report for further
    discussion of the Companys accounting policies with
    respect to the basis for determining carrying value of these
    investments.(2)
    
    The maximum exposure to loss relating to the fixed maturity
    securities
    available-for-sale
    is equal to the carrying amounts or carrying amounts of retained
    interests. The maximum exposure to loss relating to the real
    estate joint ventures and other limited partnership interests is
    equal to the carrying amounts plus any unfunded commitments.
    Such a maximum loss would be expected to occur only upon
    bankruptcy of the issuer or investee.    Related
    Party Investment Transactions
   38




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##### 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)
    Nine MonthsEndedSeptember 30,2009

2008(In millions)Estimated fair value of assets transferred to affiliates

$



$
Amortized cost of assets transferred to affiliates

$



$
Net investment gains (losses) recognized on transfers

$



$
Estimated fair value of assets transferred from affiliates

$
143


$
230   3.
    Derivative
    Financial Instruments  Accounting
    for Derivative Financial Instruments
  over-the-counter
  over-the-counter
  over-the-counter over-the-counter over-the-counter
 39




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##### 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
           40




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##### 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)
               41




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##### 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




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##### 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 and Non
    Derivative Financial Instruments
    September 30, 2009


December 31, 2008Current Market





Current MarketPrimary Underlying



Notional


or Fair Value (1)


Notional


or Fair Value (1)Risk Exposure

Instrument Type

Amount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Interest rate

Interest rate swaps

$
5,142


$
591


$
200


$
7,074


$
736


$
347Interest rate floors


7,986



132



54



12,071



494



Interest rate caps


4,003



15







3,513



1



Interest rate futures


819











1,064



4



11Interest rate forwards


375



15















Foreign currency

Foreign currency swaps


2,678



747



113



3,771



699



219Foreign currency forwards


75







2



92







9Credit

Swap spreadlocks














208







8Credit default swaps


1,013



36



33



648



19



8Equity market

Equity futures


140











370







5Equity options


757



147







813



248



Variance swaps


1,081



33



4



1,081



57



Total

$
24,069


$
1,716


$
406


$
30,705


$
2,258


$
607     (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.       43




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##### 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)
                 44




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##### 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
    September 30, 2009


December 31, 2008Notional


Fair Value


Notional


Fair ValueDerivatives Designated as Hedging Instruments

Amount


Assets


Liabilities


Amount


Assets


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

$
850


$
404


$
15


$
707


$
68


$
133Interest rate swaps


227



13



3



138







28Subtotal


1,077



417



18



845



68



161Cash flow hedges:Foreign currency swaps


165



18



5



486



91



Interest rate forwards


375



15















Subtotal


540



33



5



486



91



Total qualifying hedges

$
1,617


$
450


$
23


$
1,331


$
159


$
161  45




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##### 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)
    September 30, 2009


December 31, 2008Derivatives Not Designated or

Notional


Fair Value


Notional


Fair ValueNot Qualifying as Hedging Instruments

Amount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Interest rate swaps

$
4,915


$
578


$
197


$
6,936


$
736


$
319Interest rate floors


7,986



132



54



12,071



494



Interest rate caps


4,003



15







3,513



1



Interest rate futures


819











1,064



4



11Foreign currency swaps


1,663



325



93



2,578



540



86Foreign currency forwards


75







2



92







9Swap spreadlocks














208







8Credit default swaps


1,013



36



33



648



19



8Equity futures


140











370







5Equity options


757



147







813



248



Variance swaps


1,081



33



4



1,081



57



Total non-designated or non-qualifying derivatives

$
22,452


$
1,266


$
383


$
29,374


$
2,099


$
446     Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Qualifying hedges:Net investment income

$



$



$
(1
)

$
(1
)Interest credited to policyholder account balances


11







28



3Non-qualifying hedges:Net investment gains (losses)


(7
)


3



(5
)


29Total

$
4


$
3


$
22


$
31   Fair
    Value Hedges
   46




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##### 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 Investment Gains


Net Investment Gains


Recognized in NetDerivatives in Fair Value

Hedged Items in Fair Value

(Losses) Recognized


(Losses) Recognized


Investment GainsHedging Relationships

Hedging Relationships

for Derivatives


for Hedged Items


(Losses)(In millions)For the Three Months Ended September 30, 2009:Interest rate swaps:

Fixed maturity securities

$



$



$
Policyholder account balances (1)


1



(2
)


(1
)Foreign currency swaps:

Foreign-denominated
    policyholder account balances (2)


50



(49
)


1Total

$
51


$
(51
)

$
For the Three Months Ended September 30, 2008

$
(39
)

$
43


$
4For the Nine Months Ended September 30, 2009:Interest rate swaps:

Fixed maturity securities

$
6


$
(6
)

$
Policyholder account balances (1)


(6
)


4



(2
)Foreign currency swaps:

Foreign-denominated
    policyholder account balances (2)


144



(143
)


1Total

$
144


$
(145
)

$
(1
)For the Nine Months Ended September 30, 2008

$
(30
)

$
34


$
4     (1)
    
    Fixed rate liabilities(2)
    
    Fixed rate or floating rate liabilities    Cash
    Flow Hedges
     47




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##### 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


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Other comprehensive income (loss), beginning of period

$
12


$
(14
)

$
20


$
(13
)Gains (losses) deferred in other comprehensive loss on the
    effective portion of cash flow hedges


14



(40
)


(32
)


(4
)Amounts reclassified to net investment gains (losses)


(7
)


56



31



19Other comprehensive income (loss), end of period

$
19


$
2


$
19


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


Reclassified from(Losses) Deferred


Accumulated Otherin Accumulated


Comprehensive IncomeOther Comprehensive


(Loss) into IncomeIncome (Loss) on


Net InvestmentDerivatives in Cash Flow Hedging Relationships

Derivatives


Gains (Losses)(In millions)For the Three Months Ended September 30, 2009:Foreign currency swaps

$



$
1Interest rate forwards


14



6Total

$
14


$
7For the Three Months Ended September 30, 2008:Foreign currency swaps

$
(40
)

$
(56
)Total

$
(40
)

$
(56
)For the Nine Months Ended September 30, 2009:Foreign currency swaps

$
(54
)

$
(37
)Interest rate forwards


22



6Total

$
(32
)

$
(31
)For the Nine Months Ended September 30, 2008:Foreign currency swaps

$
(4
)

$
(19
)Total

$
(4
)

$
(19
)  48




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##### 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)
  Non-Qualifying
    Derivatives and Derivatives for Purposes Other Than
    Hedging
   49




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##### 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 InvestmentGains (Losses)(In millions)For the Three Months Ended September 30, 2009:Interest rate swaps

$
38Interest rate floors


10Interest rate caps


(10
)Interest rate futures


(8
)Equity futures


(30
)Foreign currency swaps


(23
)Foreign currency forwards


(3
)Equity options


(40
)Interest rate forwards


(1
)Variance swaps


(9
)Credit default swaps


(16
)Total

$
(92
)For the Three Months Ended September 30, 2008

$
(52
)For the Nine Months Ended September 30, 2009:Interest rate swaps

$
(96
)Interest rate floors


(232
)Interest rate caps


4Interest rate futures


(42
)Equity futures


(65
)Foreign currency swaps


(2
)Foreign currency forwards


(5
)Equity options


(89
)Interest rate forwards


1Variance swaps


(28
)Credit default swaps


(43
)Total

$
(597
)For the Nine Months Ended September 30, 2008

$
(31
)   Credit
    Derivatives
   50




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##### 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)
      September 30, 2009


December 31, 2008Maximum








MaximumEstimated


Amount of





Estimated


Amount ofFair


Future





Fair


Future


WeightedValue of


Payments under


Weighted


Value of


Payments under


AverageRating Agency Designation of Referenced

Credit Default


Credit Default


Average Years


Credit Default


Credit Default


Years toCredit Obligations (1)

Swaps


Swaps (2)


to Maturity (3)


Swaps


Swaps (2)


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

$
1


$
25



4.3


$



$
25



5.0Credit default swaps referencing indices


5



394



3.5



(2
)


222



4.0Subtotal


6



419



3.6



(2
)


247



4.1BaaSingle name credit default swaps (corporate)






5



4.3







10



5.0Credit default swaps referencing indices






















Subtotal






5



4.3







10



5.0BaSingle name credit default swaps (corporate)














(1
)


20



0.7Credit default swaps referencing indices






















Subtotal














(1
)


20



0.7BSingle name credit default swaps (corporate)






















Credit default swaps referencing indices






















Subtotal






















Caa and lowerSingle name credit default swaps (corporate)






















Credit default swaps referencing indices






















Subtotal






















In or near defaultSingle name credit default swaps (corporate)






















Credit default swaps referencing indices






















Subtotal






















Total

$
6


$
424



3.6


$
(3
)

$
277



3.9     (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
    the MetLife 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
   51




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##### 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
    over-the-counter and/or
  over-the-counter
  Estimated Fair Value(1) of Derivatives in

Estimated Fair Value ofNet Liability Position

Collateral Provided

Fair Value of Incremental CollateralSeptember 30, 2009

September 30, 2009

Provided Upon:Downgrade in the Companys CreditOne Notch

Rating to a Level that Triggers FullFixed Maturity

Downgrade in the

Overnight Collateralization orSecurities (2)

Companys Credit Rating

Termination of the Derivative Position(In millions)$26

$
4


$



$
23     (1)
    
    After taking into consideration the existence of netting
    agreements. 52




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##### 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)
    
    Included in fixed maturity securities in the consolidated
    balance sheet. The counterparties are permitted by contract to
    sell or repledge this collateral. At September 30, 2009,
    the Company did not provide any cash collateral.  over-the-counter
      Embedded
    Derivatives
      September 30, 2009


December 31, 2008(In millions)Net embedded derivatives within asset host contracts:Ceded guaranteed minimum benefit riders

$
1,110


$
2,062Call options in equity securities


(3
)


(36
)Net embedded derivatives within asset host contracts

$
1,107


$
2,026Net embedded derivatives within liability host contracts:Direct guaranteed minimum benefit riders

$
556


$
1,432Other


13



(27
)Net embedded derivatives within liability host contracts

$
569


$
1,405  53




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##### 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


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Net investment gains (losses) (1)

$
88


$
101


$
(190
)

$
195     (1)
    
    Effective January 1, 2008, the valuation of the
    Companys guaranteed minimum benefit riders includes an
    adjustment for the Companys own credit. Included in net
    investment gains (losses) for the three months and nine months
    ended September 30, 2009 were gains (losses) of
    ($154) million and ($464) million, respectively, in
    connection with this adjustment, and for the three months and
    nine months ended September 30, 2008, in connection with
    this adjustment, were gains (losses) of $127 million and
    $202 million, respectively.  4.
    Deferred
    Policy Acquisition Costs and Value of Business
    Acquired    DAC


VOBA


Total(In millions)Balance, beginning of period

$
2,779


$
2,661


$
5,440Capitalizations


611







611Subtotal


3,390



2,661



6,051Less: Amortization related to:Net investment gains (losses)


(155
)


(71
)


(226
)Other expenses


251



135



386Total amortization


96



64



160Less: Unrealized investment gains (losses)


323



394



717Less: Other


(1
)






(1
)Balance, end of period

$
2,972


$
2,203


$
5,175      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)
    DAC


VOBA


TotalSeptember 30, 2009


December 31, 2008


September 30, 2009


December 31, 2008


September 30, 2009


December 31, 2008(In millions)Individual:Traditional life

$
252


$
172


$
48


$
52


$
300


$
224Variable & universal life


1,008



1,179



828



851



1,836



2,030Annuities


1,677



1,416



1,326



1,755



3,003



3,171Subtotal


2,937



2,767



2,202



2,658



5,139



5,425Institutional:Group life


5



5







2



5



7Retirement & savings










1



1



1



1Subtotal


5



5



1



3



6



8Corporate & Other


30



7











30



7Total

$
2,972


$
2,779


$
2,203


$
2,661


$
5,175


$
5,440   5.
    Goodwill    September 30, 2009


December 31, 2008(In millions)Individual:Traditional life

$
12


$
12Variable & universal life


1



1Annuities


218



218Other


5



5Subtotal


236



236Institutional:Group life


3



3Retirement & savings


304



304Non-medical health & other


5



5Subtotal


312



312Corporate & Other (1)


405



405Total

$
953


$
953     (1)
    
    The allocation of the goodwill to the reporting units was
    performed at the time of the respective acquisition. The
    $405 million of goodwill within Corporate & Other
    represents the excess of the amounts MetLife paid to acquire
    subsidiaries and other businesses over the estimated fair value
    of their net assets at the date of acquisition. For purposes of
    goodwill impairment testing, the $405 million of
    Corporate & Other goodwill has been attributed to the
    Individual and Institutional segment reporting units. The
    Individual segment was attributed $210 million (traditional
    life  $23 million, variable &
    universal life  $11 million and
    annuities  $176 million), and the Institutional
    segment was attributed $195 million (group life 
    $2 million, retirement & savings 
    $186 million, and non-medical health &
    other  $7 million) at both September 30,
    2009 and December 31, 2008. 55




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##### 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)
            56




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##### 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.
    Insurance  Insurance
    Liabilities
    Future Policy Benefits


Policyholder Account Balances


Other Policyholder FundsSeptember 30, 2009


December 31, 2008


September 30, 2009


December 31, 2008


September 30, 2009


December 31, 2008(In millions)Institutional:Group life

$
203


$
208


$
1,048


$
1,045


$
5


$
5Retirement & savings


12,604



12,042



7,674



11,511



1



Non-medical health & other


286



294











1



2Individual:Traditional life


1,009



944











116



55Variable & universal life


826



678



5,786



5,456



1,928



1,791Annuities


1,380



1,215



21,276



18,905



20



30Other










110



72







Corporate & Other


5,020



4,832



703



186



266



202Total

$
21,328


$
20,213


$
36,597


$
37,175


$
2,337


$
2,085     Guarantees
     57




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##### 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)
    September 30, 2009

December 31, 2008In the

At

In the

AtEvent of Death

Annuitization

Event of Death

Annuitization(In millions)Annuity Contracts (1)Return of Net DepositsSeparate account value


$ 14,543



N/A



$  9,721



N/ANet amount at risk (2)


$  1,268
(3)


N/A



$  2,813
(3)


N/AAverage attained age of contractholders


62 years



N/A



62 years



N/AAnniversary Contract Value or Minimum ReturnSeparate account value


$ 34,099



$ 20,331



$ 27,572



$ 13,217Net amount at risk (2)


$  5,804
(3)


$  4,423
(4)


$  9,876
(3)


$  6,323
(4)Average attained age of contractholders


60 years



62 years



58 years



61 years   September 30, 2009

December 31, 2008Secondary Guarantees

Secondary Guarantees(In millions)Universal and Variable Life Contracts (1)Account value (general and separate account)

$
3,629


$
2,917Net amount at risk (2)

$
55,461
(3)

$
43,237
(3)Average attained age of policyholders


58 years



58 years     (1)
    
    The Companys annuity and life contracts with guarantees
    may offer more than one type of guarantee in each contract.
    Therefore, the amounts listed above may not be mutually
    exclusive.(2)
    
    The net amount at risk is based on the direct amount at risk
    (excluding reinsurance).(3)
    
    The net amount at risk for guarantees of amounts in the event of
    death is defined as the current guaranteed minimum death benefit
    in excess of the current account balance at the balance sheet
    date.(4)
    
    The net amount at risk for guarantees of amounts at
    annuitization is defined as the present value of the minimum
    guaranteed annuity payments available to the contractholder
    determined in accordance with the terms of the contract in
    excess of the current account balance. 58




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##### 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)
     Universal andVariable LifeAnnuity Contracts


ContractsGuaranteed


GuaranteedDeath


Annuitization


SecondaryBenefits


Benefits


Guarantees


Total(In millions)Direct:Balance, beginning of period

$
98


$
221


$
108


$
427Incurred guaranteed benefits


35



53



181



269Paid guaranteed benefits


(79
)










(79
)Balance, end of period

$
54


$
274


$
289


$
617Ceded:Balance, beginning of period

$
86


$
72


$



$
158Incurred guaranteed benefits


27



22



140



189Paid guaranteed benefits


(60
)










(60
)Balance, end of period

$
53


$
94


$
140


$
287Net:Balance, beginning of period

$
12


$
149


$
108


$
269Incurred guaranteed benefits


8



31



41



80Paid guaranteed benefits


(19
)










(19
)Balance, end of period

$
1


$
180


$
149


$
330     September 30, 2009


December 31, 2008(In millions)Mutual Fund Groupings:Equity

$
25,805


$
21,738Balanced


13,117



6,971Bond


2,784



2,280Money Market


1,551



1,715Specialty


785



228Total

$
44,042


$
32,932   7.
    Contingencies,
    Commitments and Guarantees  Contingencies
  Litigation
  and/or
 59




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##### 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)
          Travelers Ins. Co., et al. v. Banc of America Securities
    LLC (S.D.N.Y., filed December 13, 2001).
   60




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##### 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
  Commitments
  Commitments
    to Fund Partnership Investments
    Mortgage
    Loan Commitments
    Commitments
    to Fund Bank Credit Facilities and Private Corporate Bond
    Investments
    Other
    Commitments
    Guarantees
   61




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##### 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.
    Other
    Expenses    Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,2009


2008


2009


2008(In millions)Compensation

$
41


$
32


$
111


$
89Commissions


143



189



572



538Interest and debt issue costs


17



19



54



53Amortization of DAC and VOBA


132



258



160



629Capitalization of DAC


(133
)


(215
)


(611
)


(596
)Rent, net of sublease income


1



1



3



3Insurance tax


14



10



32



30Other


163



168



493



473Total other expenses

$
378


$
462


$
814


$
1,219     9.
    Business
    Segment Information        62




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##### 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)
  Corporate &For the Three Months Ended September 30, 2009:

Individual


Institutional


Other


Total(In millions)Statement of Income:Revenues:Premiums

$
91


$
211


$



$
302Universal life and investment-type product policy fees


324



2







326Net investment income


322



265



53



640Other revenues


117



1







118Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(38
)


(95
)


(29
)


(162
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive loss


4



40



1



45Other net investment gains (losses), net


(22
)


(19
)


(28
)


(69
)Total net investment gains (losses)


(56
)


(74
)


(56
)


(186
)Total revenues


798



405



(3
)


1,200Expenses:Policyholder benefits and claims


131



359







490Interest credited to policyholder account balances


250



53



69



372Other expenses


341



9



28



378Total expenses


722



421



97



1,240Income (loss) before provision for income tax


76



(16
)


(100
)


(40
)Provision for income tax expense (benefit)


27



(6
)


(74
)


(53
)Net income (loss)

$
49


$
(10
)

$
(26
)

$
13   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)
  Corporate &For the Three Months Ended September 30, 2008, As
    Restated:

Individual


Institutional


Other


Total(In millions)Statement of Income:Revenues:Premiums

$
29


$
49


$
6


$
84Universal life and investment-type product policy fees


372



15



2



389Net investment income


277



331



13



621Other revenues


51



2



1



54Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(40
)


(78
)


(70
)


(188
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive loss














Other net investment gains (losses), net


163



67



38



268Total net investment gains (losses)


123



(11
)


(32
)


80Total revenues


852



386



(10
)


1,228Expenses:Policyholder benefits and claims


103



151



11



265Interest credited to policyholder account balances


163



108



(18
)


253Other expenses


413



12



37



462Total expenses


679



271



30



980Income (loss) before provision for income tax


173



115



(40
)


248Provision for income tax expense (benefit)


60



38



(34
)


64Net income

$
113


$
77


$
(6
)

$
184   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)
  Corporate &For the Nine Months Ended September 30, 2009:

Individual


Institutional


Other


Total(In millions)Statement of Income:Revenues:Premiums

$
291


$
695


$



$
986Universal life and investment-type product policy fees


883



22



4



909Net investment income


886



796



19



1,701Other revenues


489



4







493Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(116
)


(268
)


(94
)


(478
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive loss


25



82



15



122Other net investment gains (losses), net


(784
)


(355
)


(19
)


(1,158
)Total net investment gains (losses)


(875
)


(541
)


(98
)


(1,514
)Total revenues


1,674



976



(75
)


2,575Expenses:Policyholder benefits and claims


456



1,135







1,591Interest credited to policyholder account balances


730



177



75



982Other expenses


696



30



88



814Total expenses


1,882



1,342



163



3,387Income (loss) before provision for income tax


(208
)


(366
)


(238
)


(812
)Provision for income tax expense (benefit)


(73
)


(129
)


(145
)


(347
)Net loss

$
(135
)

$
(237
)

$
(93
)

$
(465
)   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)
  Corporate &For the Nine Months Ended September 30, 2008, As
    Restated:

Individual


Institutional


Other


Total(In millions)Statement of Income:Revenues:Premiums

$
118


$
159


$
17


$
294Universal life and investment-type product policy fees


1,025



31



4



1,060Net investment income


842



1,048



78



1,968Other revenues


163



5



1



169Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(56
)


(125
)


(75
)


(256
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive loss














Other net investment gains (losses), net


207



(108
)


66



165Total net investment gains (losses)


151



(233
)


(9
)


(91
)Total revenues


2,299



1,010



91



3,400Expenses:Policyholder benefits and claims


308



476



29



813Interest credited to policyholder account balances


514



353



(18
)


849Other expenses


1,098



39



82



1,219Total expenses


1,920



868



93



2,881Income (loss) before provision for income tax


379



142



(2
)


519Provision for income tax expense (benefit)


131



47



(56
)


122Net income

$
248


$
95


$
54


$
397     September 30, 2009


December 31, 2008(In millions)Individual

$
84,311


$
69,335Institutional


26,796



29,224Corporate & Other


12,245



13,465Total

$
123,352


$
112,024    66




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##### 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)
   10.
    Fair
    Value    Fair
    Value of Financial Instruments
    EstimatedNotional


Carrying


FairSeptember 30, 2009

Amount


Value


Value(In millions)Assets:Fixed maturity securities





$
40,017


$
40,017Equity securities





$
462


$
462Trading securities





$
725


$
725Mortgage and consumer loans





$
4,307


$
3,923Policy loans





$
1,187


$
1,256Real estate joint ventures (1)





$
65


$
63Other limited partnership interests (1)





$
132


$
155Short-term investments





$
1,277


$
1,277Other invested assets (2)

$
16,722


$
1,716


$
1,716Cash and cash equivalents





$
3,205


$
3,205Accrued investment income





$
523


$
523Premiums and other receivables (1)





$
4,539


$
4,185Separate account assets





$
46,719


$
46,719Net embedded derivatives within asset host contracts (3)





$
1,110


$
1,110Liabilities:Policyholder account balances (1)





$
23,921


$
23,312Long-term debt  affiliated





$
950


$
980Payables for collateral under securities loaned and other
    transactions





$
6,573


$
6,573Other liabilities: (1)Derivative liabilities

$
7,347


$
406


$
406Other





$
304


$
304Separate account liabilities (1)





$
1,336


$
1,336Net embedded derivatives within liability host contracts (3)





$
569


$
569Commitments:(4)Mortgage loan commitments

$
281


$



$
(25
)Commitments to fund bank credit facilities and private corporate
    bond investments

$
340


$



$
(34
)   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)
  EstimatedNotional


Carrying


FairDecember 31, 2008

Amount


Value


Value(In millions)Assets:Fixed maturity securities





$
34,846


$
34,846Equity securities





$
474


$
474Trading securities





$
232


$
232Mortgage and consumer loans





$
4,447


$
4,252Policy loans





$
1,192


$
1,296Real estate joint ventures (1)





$
92


$
103Other limited partnership interests (1)





$
189


$
247Short-term investments





$
3,127


$
3,127Other invested assets (2)

$
21,395


$
2,258


$
2,258Cash and cash equivalents





$
5,656


$
5,656Accrued investment income





$
487


$
487Premiums and other receivables (1)





$
3,171


$
2,700Separate account assets





$
35,892


$
35,892Net embedded derivatives within asset host contracts (3)





$
2,062


$
2,062Liabilities:Policyholder account balances (1)





$
26,316


$
23,937Short-term debt





$
300


$
300Long-term debt  affiliated





$
950


$
671Payables for collateral under securities loaned and other
    transactions





$
7,871


$
7,871Other liabilities: (1)Derivative liabilities

$
9,310


$
607


$
607Other





$
158


$
158Separate account liabilities (1)





$
1,181


$
1,181Net embedded derivatives within liability host contracts (3)





$
1,405


$
1,405Commitments:(4)Mortgage loan commitments

$
231


$



$
(15
)Commitments to fund bank credit facilities and private corporate
    bond investments

$
332


$



$
(101
)     (1)
    
    Carrying values presented herein differ from those presented on
    the consolidated balance sheet because certain items within the
    respective financial statement caption are not considered
    financial instruments. Financial statement captions omitted from
    the table above are not considered financial instruments.(2)
    
    Other invested assets is comprised of freestanding derivatives
    with positive estimated fair values.(3)
    
    Net embedded derivatives within asset host contracts are
    presented within premiums and other receivables. Net embedded
    derivatives within liability host contracts are presented within
    policyholder account balances and other liabilities. At
    September 30, 2009 and December 31, 2008, equity
    securities also included embedded derivatives of
    ($3) million and ($36) million, respectively.(4)
    
    Commitments are off-balance sheet obligations. Negative
    estimated fair values represent off-balance sheet liabilities. 68




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##### 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)
     Fixed Maturity Securities, Equity Securities and Trading
    Securities
          Mortgage and Consumer Loans
  Policy Loans
  Real Estate Joint Ventures and Other Limited Partnership
    Interests
 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)
      Short-term Investments
  Other Invested Assets
    Cash and Cash Equivalents
  Accrued Investment Income
  Premiums and Other Receivables
   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)
      Separate Account Assets
  Policyholder Account Balances
    Short-term and Affiliated Long-term Debt
  Payables for Collateral Under Securities Loaned and Other
    Transactions
  Other Liabilities
 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)
        Separate Account Liabilities
      Derivatives over-the-counter
  over-the-counter over-the-counter
 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)
  over-the-counter
  over-the-counter
  Embedded Derivatives within Asset and Liability Host
    Contracts
       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)
          Mortgage Loan Commitments and Commitments to Fund Bank
    Credit Facilities and Private Corporate Bond Investments
 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)
  Assets
    and Liabilities Measured at Fair Value
  Recurring
    Fair Value Measurements
    September 30, 2009Fair 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

$



$
13,700


$
1,572


$
15,272Foreign corporate securities






5,989



977



6,966Residential mortgage-backed securities






6,325



78



6,403U.S. Treasury and agency securities


2,110



2,696



34



4,840Commercial mortgage-backed securities






2,510



130



2,640Asset-backed securities






1,645



592



2,237State and political subdivision securities






1,032



32



1,064Foreign government securities






575



20



595Total fixed maturity securities


2,110



34,472



3,435



40,017Equity securities:Non-redeemable preferred stock






45



276



321Common stock


61



71



9



141Total equity securities


61



116



285



462Trading securities


718



7







725Short-term investments (1)


422



727



16



1,165Derivative assets (2)


1



1,494



221



1,716Net embedded derivatives within asset host contracts (3)










1,110



1,110Separate account assets (4)


46,361



206



152



46,719Total assets

$
49,673


$
37,022


$
5,219


$
91,914Liabilities:Derivative liabilities (2)

$



$
402


$
4


$
406Net embedded derivatives within liability host contracts (3)










569



569Total liabilities

$



$
402


$
573


$
975   75




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##### 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, 2008Fair 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

$



$
11,830


$
1,401


$
13,231Residential mortgage-backed securities






7,031



62



7,093Foreign corporate securities






4,136



926



5,062U.S. Treasury and agency securities


2,107



2,190



36



4,333Commercial mortgage-backed securities






2,158



116



2,274Asset-backed securities






1,169



558



1,727State and political subdivision securities






633



24



657Foreign government securities






459



10



469Total fixed maturity securities


2,107



29,606



3,133



34,846Equity securities:Common stock


40



70



8



118Non-redeemable preferred stock






38



318



356Total equity securities


40



108



326



474Trading securities


176



6



50



232Short-term investments (1)


1,171



1,952







3,123Derivative assets (2)


4



1,928



326



2,258Net embedded derivatives within asset host contracts (3)










2,062



2,062Separate account assets (4)


35,567



166



159



35,892Total assets

$
39,065


$
33,766


$
6,056


$
78,887Liabilities:Derivative liabilities (2)

$
16


$
574


$
17


$
607Net embedded derivatives within liability host contracts (3)










1,405



1,405Total liabilities

$
16


$
574


$
1,422


$
2,012     (1)
    
    Short-term investments as presented in the tables above differ
    from the amounts presented in the consolidated balance sheet
    because certain short-term investments are not measured at
    estimated fair value (e.g. time deposits, money market funds,
    etc.).(2)
    
    Derivative assets are presented within other invested assets and
    derivative liabilities are presented within other liabilities.
    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 following
    tables. 76




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##### 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)
   (3)
    
    Net embedded derivatives within asset host contracts are
    presented within premiums and other receivables. Net embedded
    derivatives within liability host contracts are presented within
    policyholder account balances and other liabilities. At
    September 30, 2009 and December 31, 2008, equity
    securities also included embedded derivatives of
    ($3) million and ($36) 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.    Level 1
    This category includes certain U.S. Treasury and agency
    fixed maturity securities; exchange-traded common stock; trading
    securities and certain short-term money market securities. As it
    relates to derivatives, this level includes exchange-traded
    equity and interest rate futures. Separate account assets
    classified within this level principally include mutual funds.
    Also included are assets held within separate accounts which are
    similar in nature to those classified in this level for the
    general account.Level 2
    This category includes fixed maturity and equity securities
    priced principally by independent pricing services using
    observable inputs. Fixed maturity securities classified as
    Level 2 include most U.S. Treasury and agency
    securities, as well as the majority of U.S. and foreign
    corporate securities, residential mortgage-backed securities,
    commercial mortgage-backed securities, state and political
    subdivision securities, foreign government securities, and
    asset-backed securities. Equity securities classified as
    Level 2 securities consist principally of common stock and
    non-redeemable preferred stock where market quotes are available
    but are not considered actively traded. Short-term investments
    and trading securities included within Level 2 are of a
    similar nature to these fixed maturity and equity securities. As
    it relates to derivatives, this level includes all types of
    derivative instruments utilized by the Company with the
    exception of exchange-traded futures included within
    Level 1 and those derivative instruments with unobservable
    inputs as described in Level 3. Separate account assets
    classified within this level are generally similar to those
    classified within this level for the general account.Level 3
    This category includes fixed maturity securities priced
    principally through independent broker quotations or market
    standard valuation methodologies using inputs that are not
    market observable or cannot be derived principally from or
    corroborated by observable market data. This level primarily
    consists of less liquid fixed maturity securities with very
    limited trading activity or where less price transparency exists
    around the inputs to the valuation methodologies including:
    U.S. and foreign corporate securities  including
    below investment grade private placements; commercial
    mortgage-backed securities; and asset-backed
    securities  including all of those supported by
    sub-prime
    mortgage loans. Equity securities classified as Level 3
    securities consist principally of non-redeemable preferred stock
    and common stock of companies that are privately held or of
    companies for which there has been very limited trading activity
    or where less price transparency exists around the inputs to the
    valuation. Short-term investments and trading securities
    included within Level 3 are of a similar nature to these
    fixed maturity and equity securities. As it relates to
    derivatives this category includes: swap spreadlocks with
    maturities which extend beyond observable periods; equity
    variance swaps with unobservable volatility inputs or that are
    priced via independent broker quotations; foreign currency swaps
    priced through independent broker quotations; interest rate
    swaps with maturities which extend beyond the observable portion
    of the 77




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##### 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)
  yield curve; credit default swaps based upon baskets of credits
    having unobservable credit correlations; equity options with
    unobservable volatility inputs; implied volatility swaps with
    unobservable volatility inputs; and interest rate caps
    referencing unobservable yield curves
    and/or which
    include liquidity and volatility adjustments. Separate account
    assets classified within this level are generally similar to
    those classified within this level for the general account;
    however, they also include other limited partnership interests.
    Embedded derivatives classified within this level include
    embedded derivatives associated with certain variable annuity
    riders and embedded derivatives related to funds withheld on
    ceded reinsurance. 78




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##### 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)Total Realized/UnrealizedGains (Losses) included in:Purchases,Balance,





Other


Sales,


Transfer In


Balance,Beginning





Comprehensive


Issuances and


and/or Out


End ofof Period


Earnings (2, 3)


Income (Loss)


Settlements (4)


of Level 3 (5)


Period(In millions)For the Three Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities

$
1,551


$
(11
)

$
126


$
(98
)

$
4


$
1,572Foreign corporate securities


923



(25
)


144



(36
)


(29
)


977Residential mortgage-backed securities


15











48



15



78U.S. Treasury and agency securities


33







2



(1
)






34Commercial mortgage-backed securities


105



(22
)


25



10



12



130Asset-backed securities


486



(1
)


101







6



592State and political subdivision securities


32







1



(1
)






32Foreign government securities


20







2







(2
)


20Total fixed maturity securities

$
3,165


$
(59
)

$
401


$
(78
)

$
6


$
3,435Equity securities:Non-redeemable preferred stock

$
254


$
(15
)

$
60


$
(23
)

$



$
276Common stock


7











2







9Total equity securities

$
261


$
(15
)

$
60


$
(21
)

$



$
285Trading securities

$



$



$



$



$



$
Short-term investments

$
2


$
(1
)

$



$
15


$



$
16Net derivatives (6)

$
273


$
(34
)

$



$
(15
)

$
(7
)

$
217Separate account assets (7)

$
147


$
3


$



$
2


$



$
152Net embedded derivatives (8)

$
424


$
87


$



$
30


$



$
541For the Three Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
1,427


$
(91
)

$
(42
)

$
88


$
55


$
1,437Residential mortgage-backed securities


134







(7
)


(30
)


(5
)


92Foreign corporate securities


1,328



(5
)


(116
)


(11
)


53



1,249U.S. Treasury and agency securities


49











35







84Commercial mortgage-backed securities


207



1



(43
)


(1
)






164Asset-backed securities


765



(3
)


(65
)


2



(10
)


689State and political subdivision securities


50















(9
)


41Foreign government securities


14



1



(1
)


(3
)






11Total fixed maturity securities

$
3,974


$
(97
)

$
(274
)

$
80


$
84


$
3,767Equity securities:Common stock

$
29


$



$



$
3


$
(2
)

$
30Non-redeemable preferred stock


442



(28
)


(13
)


(14
)


(3
)


384Total equity securities

$
471


$
(28
)

$
(13
)

$
(11
)

$
(5
)

$
414Net derivatives (6)

$
104


$
55


$



$
(22
)

$



$
137Separate account assets (7)

$
176


$
(12
)

$



$



$



$
164Net embedded derivatives (8)

$
259


$
101


$



$
18


$



$
378  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)
    Fair Value Measurements Using Significant Unobservable Inputs
    (Level 3)Total Realized/UnrealizedGains (Losses) included in:Purchases,Balance,





Other


Sales,


Transfer In


Balance,Balance,



Impact of


Beginning





Comprehensive


Issuances and


and/or Out


End ofDecember 31, 2007



Adoption (1)


of Period


Earnings (2, 3)


Income (Loss)


Settlements (4)


of Level 3 (5)


Period(In millions)For the Nine Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities










$
1,401


$
(123
)

$
155


$
(112
)

$
251


$
1,572Foreign corporate securities











926



(96
)


339



(80
)


(112
)


977Residential mortgage-backed securities











62



(4
)


4



46



(30
)


78U.S. Treasury and agency securities











36











(2
)






34Commercial mortgage-backed securities











116



(42
)


49



(5
)


12



130Asset-backed securities











558



(19
)


99



(67
)


21



592State and political subdivision securities











24







6



2







32Foreign government securities











10







2



(1
)


9



20Total fixed maturity securities










$
3,133


$
(284
)

$
654


$
(219
)

$
151


$
3,435Equity securities:Non-redeemable preferred stock










$
318


$
(82
)

$
80


$
(40
)

$



$
276Common stock











8











1







9Total equity securities










$
326


$
(82
)

$
80


$
(39
)

$



$
285Trading securities










$
50


$



$



$
(50
)

$



$
Short-term investments










$



$
(1
)

$



$
17


$



$
16Net derivatives (6)










$
309


$
(103
)

$



$
(4
)

$
15


$
217Separate account assets (7)










$
159


$
(7
)

$



$
(1
)

$
1


$
152Net embedded derivatives (8)










$
657


$
(205
)

$



$
89


$



$
541For the Nine Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
1,645



$



$
1,645


$
(109
)

$
(101
)

$
10


$
(8
)

$
1,437Residential mortgage-backed securities


323








323



2



(21
)


(113
)


(99
)


92Foreign corporate securities


1,355








1,355



(11
)


(177
)


(129
)


211



1,249U.S. Treasury and agency securities


19








19



(1
)


(1
)


84



(17
)


84Commercial mortgage-backed securities


258








258



(1
)


(92
)


(1
)






164Asset-backed securities


925








925



(12
)


(153
)


(60
)


(11
)


689State and political subdivision securities


44








44







(3
)










41Foreign government securities


33








33



1



(1
)


(17
)


(5
)


11Total fixed maturity securities

$
4,602



$



$
4,602


$
(131
)

$
(549
)

$
(226
)

$
71


$
3,767Equity securities:Common stock

$
35



$



$
35


$



$
(1
)

$
(4
)

$



$
30Non-redeemable preferred stock


521








521



(42
)


(54
)


(42
)


1



384Total equity securities

$
556



$



$
556


$
(42
)

$
(55
)

$
(46
)

$
1


$
414Net derivatives (6)

$
108



$



$
108


$
80


$



$
(51
)

$



$
137Separate account assets (7)

$
183



$



$
183


$
(17
)

$



$



$
(2
)

$
164Net embedded derivatives (8)

$
125



$
92


$
217


$
103


$



$
58


$



$
378     (1)
    
    Impact of adoption of fair value measurement guidance represents
    the amount recognized in earnings as a change in estimate
    associated with Level 3 financial instruments held at
    January 1, 2008. Such amount was offset by a reduction to
    DAC of $30 million resulting in a net impact of
    $62 million. This net impact of $62 million along with
    a $3 million reduction in the estimated fair value of
    Level 2 freestanding derivatives resulted in a total net
    impact of adoption of $59 million. 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)
   (2)
    
    Amortization of premium/discount is included within net
    investment income which is reported within the earnings caption
    of total gains (losses). Impairments charged to earnings are
    included within net investment gains (losses) which are reported
    within the earnings caption of total gains (losses). Lapses
    associated with embedded derivatives are included with the
    earnings caption of total gains (losses).(3)
    
    Interest and dividend accruals, as well as cash interest coupons
    and dividends received, are excluded from the rollforward.(4)
    
    The amount reported within purchases, sales, issuances and
    settlements is the purchase/issuance price (for purchases and
    issuances) and the sales/settlement proceeds (for sales and
    settlements) based upon the actual date purchased/issued or
    sold/settled. Items purchased/issued and sold/settled in the
    same period are excluded from the rollforward. For embedded
    derivatives, attributed fees are included within this caption
    along with settlements, if any.(5)
    
    Total gains and losses (in earnings and other comprehensive
    income (loss)) are calculated assuming transfers in and/or out
    of Level 3 occurred at the beginning of the period. Items
    transferred in and out in the same period are excluded from the
    rollforward.(6)
    
    Freestanding derivative assets and liabilities are presented net
    for purposes of the rollforward.(7)
    
    Investment performance related to separate account assets is
    fully offset by corresponding amounts credited to
    contractholders whose liability is reflected within separate
    account liabilities.(8)
    
    Embedded derivative assets and liabilities are presented net for
    purposes of the rollforward.(9)
    
    Amounts presented do not reflect any associated hedging
    activities. Actual earnings associated with Level 3,
    inclusive of hedging activities, could differ materially. 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)
     Total Gains and LossesClassification of Realized/UnrealizedGains (Losses) included in EarningsNet


NetInvestment


InvestmentIncome


Gains (Losses)


Total(In millions)For the Three Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities

$
1


$
(12
)

$
(11
)Foreign corporate securities






(25
)


(25
)Commercial mortgage-backed securities






(22
)


(22
)Asset-backed securities






(1
)


(1
)Total fixed maturity securities

$
1


$
(60
)

$
(59
)Equity securities:Non-redeemable preferred stock

$



$
(15
)

$
(15
)Total equity securities

$



$
(15
)

$
(15
)Short-term investments

$



$
(1
)

$
(1
)Net derivatives

$
(1
)

$
(33
)

$
(34
)Net embedded derivatives

$



$
87


$
87For the Three Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
2


$
(93
)

$
(91
)Foreign corporate securities


(1
)


(4
)


(5
)Commercial mortgage-backed securities


1







1Asset-backed securities






(3
)


(3
)Foreign government securities


1







1Total fixed maturity securities

$
3


$
(100
)

$
(97
)Equity securities:Non-redeemable preferred stock

$



$
(28
)

$
(28
)Total equity securities

$



$
(28
)

$
(28
)Net derivatives

$



$
55


$
55Net embedded derivatives

$



$
101


$
101  82




---



##### 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)
    Total Gains and LossesClassification of Realized/UnrealizedGains (Losses) included in EarningsNet


NetInvestment


InvestmentIncome


Gains (Losses)


Total(In millions)For the Nine Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities

$
3


$
(126
)

$
(123
)Foreign corporate securities


(1
)


(95
)


(96
)Residential mortgage-backed securities






(4
)


(4
)Commercial mortgage-backed securities


1



(43
)


(42
)Asset-backed securities






(19
)


(19
)Total fixed maturity securities

$
3


$
(287
)

$
(284
)Equity securities:Non-redeemable preferred stock

$



$
(82
)

$
(82
)Total equity securities

$



$
(82
)

$
(82
)Short-term investments

$



$
(1
)

$
(1
)Net derivatives

$



$
(103
)

$
(103
)Net embedded derivatives

$



$
(205
)

$
(205
)For the Nine Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
3


$
(112
)

$
(109
)Residential mortgage-backed securities






2



2Foreign corporate securities


(3
)


(8
)


(11
)U.S. Treasury and agency securities






(1
)


(1
)Commercial mortgage-backed securities


3



(4
)


(1
)Asset-backed securities






(12
)


(12
)Foreign government securities


1







1Total fixed maturity securities

$
4


$
(135
)

$
(131
)Equity securities:Non-redeemable preferred stock

$



$
(42
)

$
(42
)Total equity securities

$



$
(42
)

$
(42
)Net derivatives

$



$
80


$
80Net embedded derivatives

$



$
103


$
103  83




---



##### 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)
    Changes in Unrealized Gains (Losses)Relating to Assets Held atSeptember 30, 2009 and 2008Net


NetInvestment


InvestmentIncome


Gains (Losses)


Total(In millions)For the Three Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities

$
2


$
(15
)

$
(13
)Foreign corporate securities






(16
)


(16
)Commercial mortgage-backed securities






(22
)


(22
)Asset-backed securities






(1
)


(1
)Total fixed maturity securities

$
2


$
(54
)

$
(52
)Equity securities:Non-redeemable preferred stock

$



$
(3
)

$
(3
)Total equity securities

$



$
(3
)

$
(3
)Net derivatives

$



$
(31
)

$
(31
)Net embedded derivatives

$



$
87


$
87For the Three Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
1


$
(79
)

$
(78
)Foreign corporate securities


(1
)






(1
)Commercial mortgage-backed securities


1







1Asset-backed securities






(3
)


(3
)Foreign government securities


1







1Total fixed maturity securities

$
2


$
(82
)

$
(80
)Equity securities:Non-redeemable preferred stock

$



$
(28
)

$
(28
)Total equity securities

$



$
(28
)

$
(28
)Net derivatives

$



$
49


$
49Net embedded derivatives

$



$
97


$
97  84




---



##### 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)
    Changes in Unrealized Gains (Losses)Relating to Assets Held atSeptember 30, 2009 and 2008Net


NetInvestment


InvestmentIncome


Gains (Losses)


Total(In millions)For the Nine Months Ended September 30, 2009:Fixed maturity securities:U.S. corporate securities

$
5


$
(123
)

$
(118
)Foreign corporate securities


(1
)


(77
)


(78
)Commercial mortgage-backed securities


1



(56
)


(55
)Asset-backed securities






(34
)


(34
)Total fixed maturity securities

$
5


$
(290
)

$
(285
)Equity securities:Non-redeemable preferred stock

$



$
(25
)

$
(25
)Total equity securities

$



$
(25
)

$
(25
)Net derivatives

$



$
(101
)

$
(101
)Net embedded derivatives

$



$
(209
)

$
(209
)For the Nine Months Ended September 30, 2008:Fixed maturity securities:U.S. corporate securities

$
3


$
(87
)

$
(84
)Foreign corporate securities


(3
)


(4
)


(7
)Commercial mortgage-backed securities


3



(4
)


(1
)Asset-backed securities






(9
)


(9
)Foreign government securities


1







1Total fixed maturity securities

$
4


$
(104
)

$
(100
)Equity securities:Non-redeemable preferred stock

$



$
(30
)

$
(30
)Total equity securities

$



$
(30
)

$
(30
)Net derivatives

$



$
59


$
59Net embedded derivatives

$



$
93


$
93  85




---



##### 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)
  Non-Recurring
    Fair Value Measurements
    Three Months


Three MonthsEnded


EndedSeptember 30, 2009


September 30, 2008Estimated








EstimatedCarrying


Fair





Carrying


FairValue Prior to


Value After





Value Prior to


Value AfterImpairment


Impairment


Gains (Losses)


Impairment


Impairment


Gains (Losses)(In millions)Mortgage and consumer loans (1)

$



$



$



$
50


$
46


$
(4
)Other limited partnership interests (2)

$
7


$
5


$
(2
)

$
3


$
2


$
(1
)Real estate joint ventures (2)

$
12


$
6


$
(6
)

$



$



$
   Nine Months


Nine MonthsEnded


EndedSeptember 30, 2009


September 30, 2008Estimated








EstimatedCarrying


Fair





Carrying


FairValue Prior to


Value After





Value Prior to


Value AfterImpairment


Impairment


Gains (Losses)


Impairment


Impairment


Gains (Losses)(In millions)Mortgage and consumer loans (1)

$



$



$



$
64


$
46


$
(18
)Other limited partnership interests (2)

$
107


$
41


$
(66
)

$
8


$
4


$
(4
)Real estate joint ventures (2)

$
106


$
56


$
(50
)

$



$



$
     (1)
    
    Mortgage and Consumer Loans The impaired
    mortgage and consumer loans presented above were written down to
    their estimated fair values at the date the impairments were
    recognized. Estimated fair values for impaired mortgage and
    consumer loans are based on observable market prices or, if the
    loans are in foreclosure or are otherwise determined to be
    collateral dependent, on the value of the underlying collateral,
    or the present value of the expected future cash flows.
    Impairments to estimated fair value represent nonrecurring 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 and consumer loans.(2)
    
    Other Limited Partnership Interests and Real Estate Joint
    Ventures  The impaired investments presented
    above were accounted for using the cost basis. Impairments on
    these cost basis 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 nonrecurring 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.  11.
    Related
    Party Transactions  Service
    Agreements
   86




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##### 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
    Transactions
    Three Months


Nine MonthsEnded


EndedSeptember 30,


September 30,As Restated,





As Restated,2009


2008


2009


2008(In millions)Assumed premiums

$
3


$
6


$
12


$
13Assumed fees, included in universal life and investment-type
    product policy fees

$
12


$
35


$
33


$
113Assumed benefits, included in policyholder benefits and claims

$
(4
)

$
5


$
9


$
23Assumed benefits, included in interest credited to policyholder
    account balances

$
15


$
14


$
45


$
42Assumed acquisition costs, included in other expenses

$
8


$
16


$
29


$
45Ceded premiums (1)

$
44


$
32


$
123


$
84Ceded fees, included in universal life and investment-type
    product policy fees (1)

$
61


$
28


$
147


$
188Amortization of unearned revenue associated with experience
    refund, included in universal life and investment-type product
    policy fees and premiums

$
9


$
9


$
28


$
29Income from deposit contracts, included in other revenues

$
87


$
20


$
410


$
60Ceded benefits, included in policyholder benefits and claims (1)

$
78


$
58


$
199


$
134Ceded benefits, included in interest credited to policyholder
    account balances

$
8


$
6


$
24


$
15Interest costs on ceded reinsurance, included in other expenses
    (1)

$
50


$
19


$
78


$
54     (1)
    
    In September 2008, MICCs parent, MetLife, Inc. completed a
    tax-free split-off of its majority owned subsidiary, Reinsurance
    Group of America, Incorporated (RGA). After the
    split-off, reinsurance transactions with RGA were no longer
    considered affiliated transactions. For purposes of comparison,
    the 2008 affiliated transactions with RGA have been removed from
    the presentation in the table above. Affiliated 87




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##### 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)
  transactions with RGA for the three months ended
    September 30, 2008 include ceded premiums, ceded fees and
    ceded benefits of $2 million, $10 million and
    $13 million, respectively, and for the nine months ended
    September 30, 2008 include ceded premiums, ceded fees,
    ceded benefits and ceded interest costs of $8 million,
    $36 million, $47 million and $1 million,
    respectively.       88




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##### 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)
      September 30, 2009


December 31, 2008(In millions)Affiliated recoverables:Deposit recoverables

$
4,417


$
3,041Future policy benefit recoverables


2,722



3,296Claim recoverables


12



13All other recoverables


121



197Total

$
7,272


$
6,547       12.
    September 30,
    2008 Restatement   89




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##### 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)
    September 30, 2008As PreviouslyReported


As Restated(In millions)Balance Sheet:Assets:Deferred income tax assets

$
1,477


$
1,534Total assets

$
116,432


$
116,489Liabilities:Other policyholder funds

$
1,878


$
2,042Total liabilities

$
110,199


$
110,363Stockholders Equity:Retained earnings

$
1,396


$
1,289Total stockholders equity

$
6,233


$
6,126Total liabilities and stockholders equity

$
116,432


$
116,489   Three Months


Nine MonthsEnded


EndedSeptember 30, 2008


September 30, 2008As Previously





As PreviouslyReported


As Restated


Reported


As Restated(In millions)Income Statement:Premiums

$
90


$
84


$
310


$
294Universal life and investment-type product policy fees

$
436


$
389


$
1,208


$
1,060Total revenues

$
1,281


$
1,228


$
3,564


$
3,400Income before provision for income tax

$
301


$
248


$
683


$
519Provision for income tax

$
82


$
64


$
179


$
122Net income

$
219


$
184


$
504


$
397   90




---



##### 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)
  Nine MonthsEndedSeptember 30, 2008As PreviouslyReported


As Restated(In millions)Statement of Cash Flows:Net income

$
504


$
397Universal life and investment-type product policy fees

$
(1,208
)

$
(1,060
)Change in insurance-related liabilities

$
245


$
438Change in income tax recoverable

$
162


$
105Net cash provided by operating activities

$
1,157


$
1,383Policyholder account balances:Deposits

$
2,474


$
2,297Net cash used in financing activities

$
(2,049
)

$
(2,226
)   13.
    Subsequent
    Event   91




---



##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations  Form 10-Q. Form 10-K
    and/or
 92




---



##### Table of Contents



Business
    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;(iv)
    the application of the consolidation rules to certain
    investments;(v)
    the existence and estimated fair value of embedded derivatives
    requiring bifurcation;(vi)
    the estimated fair value of and accounting for derivatives;(vii)
    the capitalization and amortization of DAC and the establishment
    and amortization of VOBA;(viii)
    the measurement of goodwill and related impairment, if any;(ix)
    the liability for future policyholder benefits;(x)
    accounting for income taxes and the valuation of deferred income
    tax assets;(xi)
    accounting for reinsurance transactions; and(xii)
    the liability for litigation and regulatory matters.   93




---



##### Table of Contents



Investment
    Impairments
  available-for-sale other-than-temporary case-by-case
    (i)
    the length of time and the extent to which the estimated fair
    value has been below cost or amortized cost;(ii)
    the potential for impairments of securities when the issuer is
    experiencing significant financial difficulties;(iii)
    the potential for impairments in an entire industry sector or
    sub-sector;(iv)
    the potential for impairments in certain economically depressed
    geographic locations;(v)
    the potential for impairments of securities where the issuer,
    series of issuers or industry has suffered a catastrophic type
    of loss or has exhausted natural resources;(vi)
    with respect to equity securities, whether the Companys
    ability and intent to hold the security for a period of time is
    sufficient to allow for the recovery of its value to an amount
    equal to or greater than cost or amortized cost;(vii)
    with respect to fixed maturity securities, whether the Company
    has the intent to sell or will more likely than not be required
    to sell a particular security before recovery of the decline in
    fair value below amortized cost;(viii)
    unfavorable changes in forecasted cash flows on mortgage-backed
    and asset-backed securities; and(ix)
    other subjective factors, including concentrations and
    information obtained from regulators and rating agencies.  other-than-temporary other-than-temporary other-than-temporary
 94




---



##### Table of Contents



other-than-temporary other-than-temporary
    Economic
    Capital
   95




---



##### Table of Contents



Results
    of Operations
  Discussion
    of Results
    Nine MonthsEndedSeptember 30,As Restated,2009


2008 (1)(In millions)RevenuesPremiums

$
986


$
294Universal life and investment-type product policy fees


909



1,060Net investment income


1,701



1,968Other revenues


493



169Net investment gains (losses):Other-than-temporary
    impairments on fixed maturity securities


(478
)


(256
)Other-than-temporary
    impairments on fixed maturity securities transferred to other
    comprehensive loss


122



Other net investment gains (losses), net


(1,158
)


165Total net investment gains (losses)


(1,514
)


(91
)Total revenues


2,575



3,400ExpensesPolicyholder benefits and claims


1,591



813Interest credited to policyholder account balances


982



849Other expenses


814



1,219Total expenses


3,387



2,881Income (loss) before provision for income tax


(812
)


519Provision for income tax expense (benefit)


(347
)


122Net income (loss)

$
(465
)

$
397     (1)
    
    In 2007, the Company, through MLI-USA, entered into an indemnity
    reinsurance agreement with MetLife Reinsurance Company of
    Vermont (MRV), an affiliated entity, under which the
    Company ceded, on a coinsurance funds withheld basis, 90% quota
    share of certain universal life and level term business written
    in 2007 and 2008. The reinsurance agreement also includes an
    experience refund provision whereby some or all of the profits
    on the underlying reinsurance agreement are returned to the
    Company from MRV, through MLI-USA, during the first several
    years of the reinsurance agreement. The Company had recorded
    this experience refund as revenue for the nine months ended
    September 30, 2008. Since the experience refund is
    effectively the net cost of reinsurance related to the
    agreement, it should have been recorded as unearned revenue and
    amortized over the life of the reinsurance contract.
    Accordingly, in its 2008 Annual Report, the Company restated its
    interim condensed consolidated financial statements for the nine
    months ended September 30, 2008 to properly reflect the
    unearned revenue related to the experience refund. As a result
    of the foregoing, the Companys net income for the nine
    months ended September 30, 2008 decreased by
    $107 million. The consolidated financial statements at and
    for the nine months ended September 30, 2008, as presented
    herein, have been restated for the effects of such adjustments.  Net
    Income (Loss)
   96




---



##### Table of Contents



other-than-temporary-impairment
      
    Higher universal life and investment-type product policy fees
    combined with other revenues of $120 million, net of income
    tax, primarily resulting from a $135 million increase in
    other revenues driven by an increase in the deposit receivable
    from an affiliated reinsurance treaty. The increase in the
    receivable was due to a refinement in the assumptions and
    methodology used to value the receivable. Partially offsetting
    this increase was a reduction in fees and other revenues
    primarily due to lower average separate account balances due to
    recent unfavorable equity market performance.
    Lower DAC amortization of $305 million, net of income tax,
    primarily due to separate account growth as a result of equity
    market improvement, as well as current period net derivative and
    other investment portfolio losses.
    An increase in net investment income of $4 million, net of
    income tax, on blocks of business not driven by interest margins.
    Lower annuity benefits of $1 million, net of income tax,
    primarily due to lower amortization of sales inducements
    partially offset by an increase in guaranteed annuity benefit
    rider costs.    
    A decrease in interest margins of $193 million, net of
    income tax. Management attributes this to a decrease of
    $114 million, net of income tax, and $25 million, net
    of income tax, in the annuity business and variable and
    universal life business, respectively, along with a decrease in
    the retirement & savings business of $54 million,
    net of income tax. Interest margin is the difference between
    interest earned and interest credited to policyholder account
    balances. Interest earned approximates net investment income on
    investable assets attributed to the segment with minor
    adjustments related to the consolidation of certain separate
    accounts 97




---



##### Table of Contents



and other minor non-policyholder elements. Interest credited is
    the amount attributed to insurance products, recorded in
    policyholder benefits and claims, and the amount credited to
    policyholder account balances for investment-type products,
    recorded in interest credited to policyholder account balances.
    Interest credited on insurance products reflects the current
    period impact of the interest rate assumptions established at
    issuance or acquisition. Interest credited to policyholder
    account balances is subject to contractual terms, including some
    minimum guarantees. This tends to move gradually over time to
    reflect market interest rate movements and may reflect actions
    by management to respond to competitive pressures and,
    therefore, generally does not, but may, introduce volatility in
    expense.  
    A decrease in net investment income of $54 million, net of
    income tax, primarily due to lower returns on other limited
    partnership interests and real estate joint ventures. The
    reduction in yields and the negative returns realized on other
    limited partnership interests reflect lower valuations from
    significant weakness in the credit and equity markets in the
    first two quarters of 2009, despite the improvement in these
    markets in the third quarter of 2009. The decrease in yields and
    the negative returns on real estate joint ventures realized in
    the first nine months of 2009 were primarily from continued
    declining property valuations on certain investment funds that
    carry their real estate at estimated fair value and operating
    losses incurred on properties that were developed for sale by
    development joint ventures. The commercial real estate
    properties underlying these investment funds have experienced
    declines in estimated fair value driven by capital market
    factors and deteriorating market conditions, which have led to
    declining property valuations, while the development joint
    ventures have experienced fewer property sales due to declining
    real estate market fundamentals and decreased availability of
    lending to finance these types of transactions.
    A decrease in underwriting results of $8 million, net of
    income tax, primarily due to decreases in the
    retirement & savings and group life products,
    partially offset by increases in the non-medical
    health & other business and individual life products.
    Underwriting results are generally the difference between the
    portion of premium and fee income intended to cover mortality,
    morbidity or other insurance costs, less claims incurred, and
    the change in insurance-related liabilities. Underwriting
    results are significantly influenced by mortality, morbidity or
    other insurance-related experience trends, as well as the
    reinsurance activity related to certain blocks of business.
    Consequently, results can fluctuate from period to period.
    Higher expenses of $42 million, net of income tax,
    primarily due to higher non-deferrable volume related expenses.
    An increase in interest credited to policyholder account
    balances of $11 million, net of income tax, from lower
    amortization of the excess interest reserves on acquired annuity
    and universal life blocks of business.    Revenues
       98




---



##### Table of Contents



Expenses
     99




---



##### Table of Contents



Liquidity
    and Capital Resources
    Liquidity Management.
  Liquidity Needs of the Business.
 100




---



##### Table of Contents



Securities Lending.
  Internal Asset Transfers.
    Derivatives and Collateral.
  Global Funding Sources.
  Insurance
    Regulations
   101




---



##### Table of Contents



Adoption
    of New Accounting Pronouncements
    Future
    Adoption of New Accounting Pronouncements
    Item 3.
    Quantitative
    and Qualitative Disclosures About Market Risk  Risk
    Management
      Enterprise Risk Management.
    
    implementing a Board of Directors approved corporate risk
    framework, which outlines the Companys approach for
    managing risk on an enterprise-wide basis;
    developing policies and procedures for managing, measuring,
    monitoring and controlling those risks identified in the
    corporate risk framework;
    establishing appropriate corporate risk tolerance levels;
    deploying capital on an economic capital basis; and 102




---



##### Table of Contents




    reporting on a periodic basis to MetLifes Finance and Risk
    Policy Committee of MetLifes Board of Directors, and with
    respect to credit risk to MetLifes Investment Committee of
    MetLifes Board of Directors and various financial and
    non-financial senior management committees.    Asset/Liability Management
    (ALM).
    Market
    Risk Exposures
    Interest Rates.
  Foreign Currency Exchange Rates. non-U.S. Dollar
  Equity Prices.
 103




---



##### Table of Contents



Management
    of Market Risk Exposures
    Interest Rate Risk Management.
    Foreign Currency Exchange Rate Risk
    Management.
  
    The Treasury Department is responsible for managing the exposure
    to investments in foreign subsidiaries. Limits to exposures are
    established and monitored by the Treasury Department and managed
    by the Investment Department.
    The Investment Department is responsible for managing the
    exposure to foreign currency investments. Exposure limits to
    unhedged foreign currency investments are incorporated into the
    standing authorizations granted to management by the Board of
    Directors and are reported to the Board of Directors on a
    periodic basis.
    The lines of business are responsible for establishing limits
    and managing any foreign exchange rate exposure caused by the
    sale or issuance of insurance products. 104




---



##### Table of Contents



Equity Price Risk Management.
  Hedging Activities.
  
    Risks Related to Living Benefit Riders  The Company
    uses a wide range of derivative contracts to hedge the risk
    associated with variable annuity living benefit riders. These
    hedges include equity and interest rate futures, interest rate,
    currency and equity variance swaps, interest rate and currency
    forwards, and interest rate option contracts.
    Minimum Interest Rate Guarantees  For certain Company
    liability contracts, the Company provides the contractholder a
    guaranteed minimum interest rate. These contracts include
    certain fixed annuities and other insurance liabilities. The
    Company purchases interest rate floors to reduce risk associated
    with these liability guarantees.
    Reinvestment Risk in Long Duration Liability
    Contracts  Derivatives are used to hedge interest
    rate risk related to certain long duration liability contracts,
    such as long-term care. Hedges include zero coupon interest rate
    swaps and swaptions.
    Foreign Currency Risk  The Company uses currency
    swaps and forwards to hedge foreign currency risk. These hedges
    primarily swap foreign currency denominated bonds or equity
    exposures to U.S. Dollars.
    General ALM Hedging Strategies  In the ordinary
    course of managing the Companys asset/liability risks, the
    Company uses interest rate futures, interest rate swaps,
    interest rate caps, interest rate floors and inflation swaps.
    These hedges are designed to reduce interest rate risk or
    inflation risk related to the existing assets or liabilities or
    related to expected future cash flows.  Risk
    Measurement: Sensitivity Analysis
   105




---



##### Table of Contents




    the net present values of its interest rate sensitive exposures
    resulting from a 10% change (increase or decrease) in interest
    rates;
    the U.S. Dollar equivalent estimated fair values of the
    Companys foreign currency exposures due to a 10% change
    (increase or decrease) in foreign currency exchange
    rates; and
    the estimated fair value of its equity positions due to a 10%
    change (increase or decrease) in equity market prices.    
    the market risk information is limited by the assumptions and
    parameters established in creating the related sensitivity
    analysis, including the impact of prepayment rates on mortgages;
    the derivatives that qualify as hedges, the impact on reported
    earnings may be materially different from the change in market
    values;
    the analysis excludes other significant real estate holdings and
    liabilities pursuant to insurance contracts; and
    the model assumes that the composition of assets and liabilities
    remains unchanged throughout the period.      September 30, 2009(In millions)Non-trading:Interest rate risk

$
798Foreign currency exchange rate risk

$
40Equity price risk

$
51Trading:Interest rate risk

$
1  106




---



##### Table of Contents



Sensitivity Analysis: Interest Rates.
  September 30, 2009Assuming aEstimated


10% IncreaseNotional


Fair


in the YieldAmount


Value (3)


Curve(In millions)Assets:Fixed maturity securities





$
40,017


$
(729
)Equity securities






462



Trading securities






725



(1
)Mortgage and consumer loans






3,923



(16
)Policy loans






1,256



(9
)Real estate joint ventures (1)






63



Other limited partnership interests (1)






155



Short-term investments






1,277



Other invested assets:Cash and cash equivalents






3,205



Accrued investment income






523



Premiums and other receivables






4,185



(93
)Net embedded derivatives within asset host contracts (2)






1,110



(233
)Mortgage loan commitments

$
281



(25
)


(1
)Commitments to fund bank credit facilities, bridge loans and
    private corporate bond investments

$
340



(34
)


Total Assets









$
(1,082
)Liabilities:Policyholder account balances





$
23,312


$
211Long-term debt






980



30Payables for collateral under securities loaned and other
    transactions






6,573



Other






304



Net embedded derivatives within liability host contracts (2)






569



121Total Liabilities









$
362Derivative Instruments:Interest rate swaps

$
5,142


$
391


$
(52
)Interest rate floors

$
7,986



78



(14
)Interest rate caps

$
4,003



15



6Interest rate futures

$
819







5Interest rate forwards

$
375



15



(12
)Foreign currency swaps

$
2,678



634



Foreign currency forwards

$
75



(2
)


(7
)Credit default swaps

$
1,013



3



Equity futures

$
140







Equity options

$
757



147



(4
)Variance swaps

$
1,081



29



(1
)Total Derivative Instruments









$
(79
)Net Change









$
(799
)     (1)
    
    Represents only those investments accounted for using the cost
    method.(2)
    
    Embedded derivatives are recognized in the consolidated balance
    sheet in the same caption as the host contract. 107




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##### Table of Contents



(3)
    
    Separate account assets and liabilities which are interest rate
    sensitive are not included herein as any interest rate risk is
    borne by the holder of the separate account.    Sensitivity Analysis: Foreign Currency Exchange
    Rates.
  September 30, 2009Assuming aEstimated


10% IncreaseNotional


Fair


in the ForeignAmount


Value (1)


Exchange Rate(In millions)Assets:Fixed maturity securities





$
40,017


$
(75
)Liabilities:Policyholder account balances





$
23,312


$
194Derivative Instruments:Interest rate swaps

$
5,142


$
391


$
1Interest rate floors

$
7,986



78



Interest rate caps

$
4,003



15



Interest rate futures

$
819







Interest rate forwards

$
375



15



Foreign currency swaps

$
2,678



634



(168
)Foreign currency forwards

$
75



(2
)


8Credit default swaps

$
1,013



3



Equity futures

$
140







Equity options

$
757



147



Variance swaps

$
1,081



29



Total Derivative Instruments









$
(159
)Net Change









$
(40
)     (1)
    
    Estimated fair value presented in the table above represents the
    fair value of all financial instruments within this financial
    statement caption not necessarily those solely subject to
    foreign exchange risk.   108




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##### Table of Contents



Sensitivity Analysis: Equity Prices.
  September 30, 2009Assuming aEstimated


10% IncreaseNotional


Fair


in EquityAmount


Value (1)


Prices(In millions)Assets:Equity securities





$
462


$
13Other invested assets:Net embedded derivatives within asset host contracts (2)






1,110



(171
)Total Assets









$
(158
)Liabilities:Policyholder account balances





$
23,312


$
Net embedded derivatives within liability host contracts (2)






569



142Total Liabilities









$
142Derivative Instruments:Interest rate swaps

$
5,142


$
391


$
Interest rate floors

$
7,986



78



Interest rate caps

$
4,003



15



Interest rate futures

$
819







Interest rate forwards

$
375



15



Foreign currency swaps

$
2,678



634



Foreign currency forwards

$
75



(2
)


Credit default swaps

$
1,013



3



Equity futures

$
140







(12
)Equity options

$
757



147



(24
)Variance swaps

$
1,081



29



1Total Derivative Instruments









$
(35
)Net Change









$
(51
)     (1)
    
    Estimated fair value presented in the table above represents the
    estimated fair value of all financial instruments within this
    financial statement caption not necessarily those solely subject
    to equity price risk.(2)
    
    Embedded derivatives are recognized in the consolidated balance
    sheet in the same caption as the host contract.    Item 4(T).
    Controls
    and Procedures  Rules 13a-15(e) 15d-15(e)
 109




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##### Table of Contents



Rule 13a-15(f)
 Part II 
    Other Information  Item 1.
    Legal
    Proceedings  Form 10-Q
    and/or and/or
  Item 1A.
    Risk
    Factors  Form 10-Q
  Actions of the U.S. Government, Federal Reserve Bank
    of New York and Other Governmental and Regulatory Bodies for the
    Purpose of Stabilizing and Revitalizing the Financial Markets
    and Protecting Investors and Consumers May Not Achieve the
    Intended Effect or Could Adversely Affect the Competitive
    Position of MetLife, Inc. and its Subsidiaries
   110




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##### Table of Contents



111




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##### Table of Contents



A Decline in Equity Markets or an Increase in Volatility
    in Equity Markets May Adversely Affect Our Profitability and Our
    Financial Condition
            Defaults, Downgrades or Other Events Impairing the Value
    of Our Fixed Maturity Securities Portfolio May Reduce Our
    Earnings
   112




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##### Table of Contents



Item 6.
    Exhibits  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.  113




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##### Table of Contents



Signatures      By:
    /s/  Peter
    M. Carlson   Title:
    Executive Vice-President, Finance Operations and     114




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##### Table of Contents



Exhibit Index  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