##### Table of Contents









UNITED STATES SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549





Form 10-Q


|           |  |                                                                                             
|---------- |  | --------------------------------------------------------------------------------------------
|(Mark One) |  |                                                                                             
|þ          |  | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934 
|          
|           |  | FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2006                                                
|          
|OR        
|          
|o          |  | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934
|          
|           |  | FOR THE TRANSITION PERIOD
    FROM           TO                                             

Commission file number:
33-58677





MetLife Life and Annuity Company of Connecticut


(Exact name of registrant as specified in its charter)


|                                                                             |  |                                         
|---------------------------------------------------------------------------- |  | ----------------------------------------
|Connecticut                                                                  |  | 06-0904249                              
|(State or other jurisdiction of
    incorporation or organization)           |  | (I.R.S. Employer
    Identification No.)
|                                                                            
|One Cityplace, Hartford, Connecticut(Address of principal executive offices) |  | 06103-3415(Zip Code)                    

(860) 308-1000


(Registrants telephone number, including area code)


þ o


12b-2




|                           |                      |                         
|-------------------------- | -------------------- | ------------------------
|Large accelerated filer  o | Accelerated filer  o | Non-accelerated filer  þ

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







|                                   |                                                                                                                                                                                             |      |  |     | 
|---------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---- |  | --- | 
|                                   |                                                                                                                                                                                             | Page | 
|                                   |                                                                                                                                                                                             |      | 
|Part I  Financial
    Information |                                                                                                                                                                                             |      |  |    
|                                   | Item 1. Financial
    Statements                                                                                                                                                            |      |  | 4   | 
|                                   | Interim Condensed Consolidated Balance
    Sheets at June 30, 2006 (SUCCESSOR) (Unaudited) and
    December 31, 2005 (SUCCESSOR)                                                            |      |  | 4   | 
|                                   | Interim Condensed Consolidated Statements
    of Income for the Three Months and Six Months Ended
    June 30, 2006 (SUCCESSOR) (Unaudited) and June 30,
    2005 (PREDECESSOR) (Unaudited) |      |  | 5   | 
|                                   | Interim Condensed Consolidated Statement of
    Stockholders Equity for the Six Months Ended June 30,
    2006 (SUCCESSOR) (Unaudited)                                                     |      |  | 6   | 
|                                   | Interim Condensed Consolidated Statements
    of Cash Flows for the Six Months Ended June 30, 2006
    (SUCCESSOR) (Unaudited) and June 30, 2005 (PREDECESSOR)
    (Unaudited)              |      |  | 7   | 
|                                   | Notes to Interim Condensed Consolidated
    Financial Statements (Unaudited)                                                                                                                |      |  | 8   | 
|                                   | Item 2.  Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations                                                                                      |      |  | 29  | 
|                                   | Item 4.  Controls and
    Procedures                                                                                                                                                        |      |  | 35  | 
|Part II  Other
    Information    |                                                                                                                                                                                             |      |  |    
|                                   | Item 1.  Legal
    Proceedings                                                                                                                                                              |      |  | 36  | 
|                                   | Item 6.  Exhibits                                                                                                                                                                           |      |  | 37  | 
|                                   | Signatures                                                                                                                                                                                  |      |  | 38  | 
|                                   | Exhibit Index                                                                                                                                                                               |      |  | E-1 | 
|Ex-31.1 Section 302 Certification 
|Ex-31.2 Section 302 Certification 
|Ex-32.1 Section 906 Certification 
|Ex-32.2 Section 906 Certification 



2



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Note Regarding Forward-Looking Statements


10-Q,


3



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##### Table of Contents






Part I  Financial Information







|        |                     
|------- | --------------------
|Item 1. | Financial Statements

MetLife Life and Annuity Company of Connecticut







Interim Condensed Consolidated Balance Sheets


June 30, 2006 (Unaudited) and December 31, 2005


(In millions, except share and per share data)


|                                                                                                            |                                                                                                              |                                            |        |        |              |  |        |        |        | 
|----------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------ | ------------------------------------------ | ------ | ------ | ------------ |  | ------ | ------ | ------ | 
|                                                                                                            |                                                                                                              | SUCCESSOR                                  |       
|                                                                                                            |                                                                                                              |                                            |       
|                                                                                                            |                                                                                                              | June 30,                                   |        |        | December 31, | 
|                                                                                                            |                                                                                                              | 2006                                       |        |        | 2005         | 
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|Assets                                                                                                     
|Investments:                                                                                                |                                                                                                              |                                            |        |        |              |  |        |       
|                                                                                                            | Fixed maturities available-for-sale, at fair value (amortized
    cost: $6,039
    and $6,158, respectively) |                                            | $      | 5,731  |              |  | $      | 6,055  |       
|                                                                                                            | Equity securities available-for-sale, at fair value (cost: $5
    and $4, respectively)                      |                                            |        | 5      |              |  |        | 4      |       
|                                                                                                            | Mortgage loans on real estate                                                                                |                                            |        | 248    |              |  |        | 258    |       
|                                                                                                            | Policy loans                                                                                                 |                                            |        | 48     |              |  |        | 37     |       
|                                                                                                            | Other limited partnership interests                                                                          |                                            |        | 67     |              |  |        | 73     |       
|                                                                                                            | Short-term investments                                                                                       |                                            |        | 171    |              |  |        | 57     |       
|                                                                                                            | Other invested assets                                                                                        |                                            |        | 358    |              |  |        | 333    |       
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                            |                                                                                                              | Total investments                          |        |        | 6,628        |  |        |        | 6,817  | 
|Cash and cash equivalents                                                                                   |                                                                                                              |                                            | 189    |        |              |  | 233    |       
|Accrued investment income                                                                                   |                                                                                                              |                                            | 67     |        |              |  | 69     |       
|Premiums and other receivables                                                                              |                                                                                                              |                                            | 163    |        |              |  | 103    |       
|Affiliated receivables, net                                                                                 |                                                                                                              |                                            | 133    |        |              |  | 98     |       
|Deferred policy acquisition costs and value of business acquired                                            |                                                                                                              |                                            | 1,865  |        |              |  | 1,777  |       
|Goodwill                                                                                                    |                                                                                                              |                                            | 239    |        |              |  | 243    |       
|Current income tax recoverable                                                                              |                                                                                                              |                                            | 11     |        |              |  | 20     |       
|Deferred income tax assets                                                                                  |                                                                                                              |                                            | 113    |        |              |  | 90     |       
|Other assets                                                                                                |                                                                                                              |                                            | 24     |        |              |  | 22     |       
|Separate account assets                                                                                     |                                                                                                              |                                            | 11,916 |        |              |  | 12,179 |       
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                            |                                                                                                              | Total assets                               |        | $      | 21,348       |  |        | $      | 21,651 | 
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                           
|Liabilities and Stockholders Equity                                                                       
|Liabilities:                                                                                                |                                                                                                              |                                            |        |        |              |  |        |       
|                                                                                                            | Future policy benefits                                                                                       |                                            | $      | 1,802  |              |  | $      | 1,740  |       
|                                                                                                            | Policyholder account balances                                                                                |                                            |        | 5,569  |              |  |        | 5,688  |       
|                                                                                                            | Other policyholder funds                                                                                     |                                            |        | 61     |              |  |        | 68     |       
|                                                                                                            | Payables for collateral under securities loaned and other
    transactions                                   |                                            |        | 103    |              |  |        | 108    |       
|                                                                                                            | Other liabilities                                                                                            |                                            |        | 158    |              |  |        | 132    |       
|                                                                                                            | Separate account liabilities                                                                                 |                                            |        | 11,916 |              |  |        | 12,179 |       
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                            |                                                                                                              | Total liabilities                          |        |        | 19,609       |  |        |        | 19,915 | 
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|Commitments and contingencies (Note 4)                                                                      |                                                                                                              |                                            |        |        |              |  |        |       
|Stockholders Equity:                                                                                       |                                                                                                              |                                            |        |        |              |  |        |       
|Common stock, par value $100 per share; 100,000 shares
    authorized, 30,000 shares issued and outstanding |                                                                                                              |                                            | 3      |        |              |  | 3      |       
|Additional paid-in capital                                                                                  |                                                                                                              |                                            | 1,730  |        |              |  | 1,725  |       
|Retained earnings                                                                                           |                                                                                                              |                                            | 132    |        |              |  | 50     |       
|Accumulated other comprehensive income (loss)                                                               |                                                                                                              |                                            | (126   | )      |              |  | (42    | )     
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                            |                                                                                                              | Total stockholders equity                 |        |        | 1,739        |  |        |        | 1,736  | 
|                                                                                                            |                                                                                                              |                                            |        |        |              | 
|                                                                                                            |                                                                                                              | Total liabilities and stockholders equity |        | $      | 21,348       |  |        | $      | 21,651 | 
|                                                                                                            |                                                                                                              |                                            |        |        |              | 

See accompanying notes to interim condensed consolidated
financial statements.


4



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MetLife Life and Annuity Company of Connecticut







Interim Condensed Consolidated Statements of Income


For the Three Months and Six Months Ended June 30, 2006
and 2005 (Unaudited)


(In millions)


|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |     |  |   |     |     | 
|------------------------------------------------------ | -------------- | ------------------ | --- | --- | ------------------ | - | --- | ---------------- |  | - | ---------------- | --- |  | - | --- | --- | 
|                                                       |                | SUCCESSOR          |     |     | PREDECESSOR        |   |     | SUCCESSOR        |  |   | PREDECESSOR      |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|                                                       |                | Three Months Ended |     |     | Three Months Ended |   |     | Six Months Ended |  |   | Six Months Ended |    
|                                                       |                | June 30,           |     |     | June 30,           |   |     | June 30,         |  |   | June 30,         |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|                                                       |                | 2006               |     |     | 2005               |   |     | 2006             |  |   | 2005             |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|Revenues                                               |                |                    |     |     |                    |   |     |                  |  |   |                  |     |  |   |     |    
|Premiums                                               |                | $                  | 10  |     |                    | $ | 10  |                  |  | $ | 22               |     |  | $ | 20  |    
|Universal life and investment-type product policy fees |                |                    | 126 |     |                    |   | 114 |                  |  |   | 247              |     |  |   | 221 |    
|Net investment income                                  |                |                    | 94  |     |                    |   | 118 |                  |  |   | 180              |     |  |   | 223 |    
|Other revenues                                         |                |                    | 6   |     |                    |   | 6   |                  |  |   | 13               |     |  |   | 12  |    
|Net investment gains (losses)                          |                |                    | (42 | )   |                    |   | (8  | )                |  |   | (74              | )   |  |   | (6  | )  
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|                                                       | Total revenues |                    |     | 194 |                    |   |     | 240              |  |   |                  | 388 |  |   |     | 470 | 
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|Expenses                                               |                |                    |     |     |                    |   |     |                  |  |   |                  |     |  |   |     |    
|Policyholder benefits and claims                       |                |                    | 46  |     |                    |   | 26  |                  |  |   | 71               |     |  |   | 49  |    
|Interest credited to policyholder account balances     |                |                    | 39  |     |                    |   | 64  |                  |  |   | 68               |     |  |   | 126 |    
|Other expenses                                         |                |                    | 67  |     |                    |   | 104 |                  |  |   | 138              |     |  |   | 184 |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|                                                       | Total expenses |                    |     | 152 |                    |   |     | 194              |  |   |                  | 277 |  |   |     | 359 | 
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|Income before provision for income taxes               |                |                    | 42  |     |                    |   | 46  |                  |  |   | 111              |     |  |   | 111 |    
|Provision for income taxes                             |                |                    | 9   |     |                    |   | 14  |                  |  |   | 29               |     |  |   | 35  |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    
|Net income                                             |                | $                  | 33  |     |                    | $ | 32  |                  |  | $ | 82               |     |  | $ | 76  |    
|                                                       |                |                    |     |     |                    |   |     |                  |  |   |                  |    

See accompanying notes to interim condensed consolidated
financial statements.


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MetLife Life and Annuity Company of Connecticut







Interim Condensed Consolidated Statement of
Stockholders Equity


For the Six Months Ended June 30, 2006 (Unaudited)


(In millions)


|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   |     |   |       |    |     |  
|----------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------- | --------------------------------------------------------------------------------- | - | ---------- | ------- | - | ----- | ----------------- | -------------- | - | ---------------- | -- |  | ----- | ---- | - | --- | - | ----- | -- | --- | -
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       | Accumulated Other |                |   |                 
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       | Comprehensive     |                |   |                 
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       | Income (Loss)     |                |   |                 
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                 
|                                                                                                                                          |                                    |                                                                                   |   | Additional |         |   |       |                   | Net Unrealized |   |                  |   
|                                                                                                                                          |                                    | Common                                                                            |   |            | Paid-In |   |       | Retained          |                |   | Investment Gains |    |  |      
|                                                                                                                                          |                                    | Stock                                                                             |   |            | Capital |   |       | Earnings          |                |   | (Losses)         |    |  | Total |     
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |     
|Balance at January 1, 2006 (SUCCESSOR)                                                                                                    |                                    | $                                                                                 | 3 |            |         | $ | 1,725 |                   |                | $ | 50               |    |  | $     | (42  | ) |     | $ | 1,736 |   
|Revisions of purchase price pushed down to the MetLife Life
    and Annuity Company of Connecticuts net assets
    acquired (See Note 1) |                                    |                                                                                   |   |            |         |   | 5     |                   |                |   |                  |    |  |       |      |   |     |   | 5     |   
|Comprehensive income (loss):                                                                                                              |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   |     |   |       |   
|                                                                                                                                          | Net income                         |                                                                                   |   |            |         |   |       |                   |                |   |                  | 82 |  |       |      |   |     |   |       | 82 |    
|                                                                                                                                          | Other comprehensive income (loss): |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   |     |   |       |    |    
|                                                                                                                                          |                                    | Unrealized investment gains (losses), net of related offsets and
    income taxes |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   | (84 | ) |       |    | (84 | )
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |     
|                                                                                                                                          |                                    | Other comprehensive income (loss)                                                 |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   |     |   |       |    | (84 | )
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |     
|                                                                                                                                          | Comprehensive income (loss)        |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |      |   |     |   |       | (2 | )  
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |     
|Balance at June 30, 2006 (SUCCESSOR)                                                                                                      |                                    | $                                                                                 | 3 |            |         | $ | 1,730 |                   |                | $ | 132              |    |  | $     | (126 | ) |     | $ | 1,739 |   
|                                                                                                                                          |                                    |                                                                                   |   |            |         |   |       |                   |                |   |                  |    |  |       |     

See accompanying notes to interim condensed consolidated
financial statements.


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MetLife Life and Annuity Company of Connecticut







Interim Condensed Consolidated Statements of Cash Flows


For the Six Months Ended June 30, 2006 and 2005
(Unaudited)


(In millions)


|                                                    |                                                                                         |                                            |     |      |                  |   |      |     |      |  
|--------------------------------------------------- | --------------------------------------------------------------------------------------- | ------------------------------------------ | --- | ---- | ---------------- | - | ---- | --- | ---- | -
|                                                    |                                                                                         | SUCCESSOR                                  |     |      | PREDECESSOR      |  
|                                                    |                                                                                         |                                            |     |      |                  |  
|                                                    |                                                                                         | Six Months Ended                           |     |      | Six Months Ended |  
|                                                    |                                                                                         | June 30,                                   |     |      | June 30,         |  
|                                                    |                                                                                         |                                            |     |      |                  |  
|                                                    |                                                                                         | 2006                                       |     |      | 2005             |  
|                                                    |                                                                                         |                                            |     |      |                  |  
|Net cash provided by (used in) operating activities |                                                                                         | $                                          | 15  |      |                  | $ | (362 | )  
|                                                    |                                                                                         |                                            |     |      |                  |  
|Cash flows from investing activities                |                                                                                         |                                            |     |      |                  |   |      |    
|                                                    | Sales, maturities and repayments of:                                                    |                                            |     |      |                  |   |      |     |     
|                                                    |                                                                                         | Fixed maturities                           |     |      | 1,844            |   |      |     | 521  |  
|                                                    |                                                                                         | Equity securities                          |     |      |                 |   |      |     | 8    |  
|                                                    |                                                                                         | Mortgage loans on real estate              |     |      | 18               |   |      |     | 18   |  
|                                                    |                                                                                         | Real estate and real estate joint ventures |     |      |                 |   |      |     | 17   |  
|                                                    |                                                                                         | Other limited partnership interests        |     |      | 19               |   |      |     | 18   |  
|                                                    | Purchases of:                                                                           |                                            |     |      |                  |   |      |     |     
|                                                    |                                                                                         | Fixed maturities                           |     |      | (1,777           | ) |      |     | (448 | )
|                                                    |                                                                                         | Equity securities                          |     |      |                 |   |      |     | (1   | )
|                                                    |                                                                                         | Mortgage loans on real estate              |     |      | (8               | ) |      |     | (75  | )
|                                                    |                                                                                         | Other limited partnership interests        |     |      | (9               | ) |      |     | (41  | )
|                                                    | Net change in policy loans                                                              |                                            |     | (10  | )                |   |      | (4  | )   
|                                                    | Net change in short-term investments                                                    |                                            |     | (114 | )                |   |      | 135 |     
|                                                    | Net change in other invested assets                                                     |                                            |     | 11   |                  |   |      | 16  |     
|                                                    | Other, net                                                                              |                                            |     |     |                  |   |      | 2   |     
|                                                    |                                                                                         |                                            |     |      |                  |  
|Net cash (used in) provided by investing activities |                                                                                         |                                            | (26 | )    |                  |   | 166  |    
|                                                    |                                                                                         |                                            |     |      |                  |  
|Cash flows from financing activities                |                                                                                         |                                            |     |      |                  |   |      |    
|                                                    | Policyholder account balances:                                                          |                                            |     |      |                  |   |      |     |     
|                                                    |                                                                                         | Deposits                                   |     |      | 336              |   |      |     | 476  |  
|                                                    |                                                                                         | Withdrawals                                |     |      | (364             | ) |      |     | (181 | )
|                                                    | Net change in payable for collateral under securities loaned and
    other transactions |                                            |     | (5   | )                |   |      | (98 | )   
|                                                    |                                                                                         |                                            |     |      |                  |  
|Net cash (used in) provided by financing activities |                                                                                         |                                            | (33 | )    |                  |   | 197  |    
|                                                    |                                                                                         |                                            |     |      |                  |  
|Change in cash and cash equivalents                 |                                                                                         |                                            | (44 | )    |                  |   | 1    |    
|Cash and cash equivalents, beginning of period      |                                                                                         |                                            | 233 |      |                  |   | 1    |    
|                                                    |                                                                                         |                                            |     |      |                  |  
|Cash and cash equivalents, end of period            |                                                                                         | $                                          | 189 |      |                  | $ | 2    |    
|                                                    |                                                                                         |                                            |     |      |                  |  
|Supplemental disclosures of cash flow information:  |                                                                                         |                                            |     |      |                  |   |      |    
|                                                    | Net cash paid during the period for income taxes                                        |                                            | $   |     |                  |   | $    | 277 |     
|                                                    |                                                                                         |                                            |     |      |                  |  
|                                                    | Assumption of liabilities by MetLife Insurance
    Company of Connecticut               |                                            | $   |     |                  |   | $    | 4   |     
|                                                    |                                                                                         |                                            |     |      |                  |  






See accompanying notes to interim condensed consolidated
financial statements.


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MetLife Life and Annuity Company of Connecticut







Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)




|   |                               
|-- | ------------------------------
|1. | Summary of Accounting Policies



| |         
| | --------
| | Business









| |            
| | -----------
| | Acquisition



Business Combinations, Goodwill and Other Intangible
Assets, Push Down Basis of Accounting Required in Certain Limited
Circumstances,




| |                                       
| | --------------------------------------
| | Purchase Price Allocation and Goodwill



8



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)






|                                                                 |                                                                          |                    |       |        |   |   |        |        | 
|---------------------------------------------------------------- | ------------------------------------------------------------------------ | ------------------ | ----- | ------ | - | - | ------ | ------ | 
|                                                                 |                                                                          | SUCCESSOR          |      
|                                                                 |                                                                          |                    |      
|                                                                 |                                                                          | As of July 1, 2005 |      
|                                                                 |                                                                          |                    |      
|                                                                 |                                                                          | (In millions)      |      
|Total purchase price                                             |                                                                          |                    |       |        |   | $ | 12,084 |       
|                                                                 | Purchase price attributed to other affiliates                            |                    |       |        |   |   |        | 10,351 | 
|                                                                 |                                                                          |                    |       |        |   |  
|                                                                 | Purchase price attributed to the Company                                 |                    |       |        |   |   |        | 1,733  | 
|Net assets acquired prior to purchase accounting
    adjustments |                                                                          | $                  | 2,034 |        |   |   |        |       
|Adjustments to reflect assets acquired at fair value:            |                                                                          |                    |       |        |   |   |        |       
|                                                                 | Fixed maturities available-for-sale, at fair value                       |                    |       | (4     | ) |   |        |        | 
|                                                                 | Mortgage loans on real estate                                            |                    |       | 7      |   |   |        |        | 
|                                                                 | Real estate and real estate joint ventures held-for-investment           |                    |       | (1     | ) |   |        |        | 
|                                                                 | Other limited partnership interests                                      |                    |       | 3      |   |   |        |        | 
|                                                                 | Other invested assets                                                    |                    |       | (4     | ) |   |        |        | 
|                                                                 | Premiums and other receivables                                           |                    |       | (47    | ) |   |        |        | 
|                                                                 | Elimination of historical deferred policy acquisition costs              |                    |       | (1,622 | ) |   |        |        | 
|                                                                 | Value of business acquired                                               |                    |       | 1,676  |   |   |        |        | 
|                                                                 | Value of distribution agreements and customer relationships
    acquired |                    |       | 8      |   |   |        |        | 
|                                                                 | Net deferred income tax asset                                            |                    |       | 258    |   |   |        |        | 
|                                                                 | Other assets                                                             |                    |       | 8      |   |   |        |        | 
|Adjustments to reflect liabilities assumed at fair value:        |                                                                          |                    |       |        |   |   |        |       
|                                                                 | Future policy benefits                                                   |                    |       | (303   | ) |   |        |        | 
|                                                                 | Policyholder account balances                                            |                    |       | (464   | ) |   |        |        | 
|                                                                 | Other liabilities                                                        |                    |       | (55    | ) |   |        |        | 
|                                                                 |                                                                          |                    |       |        |   |  
|Net fair value of assets acquired and liabilities assumed        |                                                                          |                    |       |        |   |   | 1,494  |       
|                                                                 |                                                                          |                    |       |        |   |  
|Goodwill resulting from the Acquisition                          |                                                                          |                    |       |        |   | $ | 239    |       
|                                                                 |                                                                          |                    |       |        |   |  



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




| |                                           
| | ------------------------------------------
| | Condensed Statement of Net Assets Acquired



|             |                                      |                           |   |        |        | 
|------------ | ------------------------------------ | ------------------------- | - | ------ | ------ | 
|             |                                      | SUCCESSOR                 |  
|             |                                      |                           |  
|             |                                      | As of July 1, 2005        |  
|             |                                      |                           |  
|             |                                      | (In millions)             |  
|Assets:      |                                      |                           |   |       
|             | Fixed maturities available-for-sale  |                           | $ | 6,135  |       
|             | Equity securities available-for-sale |                           |   | 35     |       
|             | Mortgage loans on real estate        |                           |   | 277    |       
|             | Policy loans                         |                           |   | 36     |       
|             | Other limited partnership interests  |                           |   | 80     |       
|             | Short-term investments               |                           |   | 188    |       
|             | Other invested assets                |                           |   | 338    |       
|             |                                      |                           |  
|             |                                      | Total investments         |   |        | 7,089  | 
|             | Cash and cash equivalents            |                           |   | 85     |       
|             | Accrued investment income            |                           |   | 80     |       
|             | Premiums and other receivables       |                           |   | 175    |       
|             | Value of business acquired           |                           |   | 1,676  |       
|             | Goodwill                             |                           |   | 239    |       
|             | Other intangible assets              |                           |   | 8      |       
|             | Deferred income tax assets           |                           |   | 97     |       
|             | Other assets                         |                           |   | 9      |       
|             | Separate account assets              |                           |   | 11,617 |       
|             |                                      |                           |  
|             |                                      | Total assets acquired     |   |        | 21,075 | 
|             |                                      |                           |  
|            
|Liabilities:
|             | Future policy benefits               |                           |   | 1,739  |       
|             | Policyholder account balances        |                           |   | 5,684  |       
|             | Other policyholder funds             |                           |   | 15     |       
|             | Current income taxes payable         |                           |   | 37     |       
|             | Other liabilities                    |                           |   | 250    |       
|             | Separate account liabilities         |                           |   | 11,617 |       
|             |                                      |                           |  
|             |                                      | Total liabilities assumed |   |        | 19,342 | 
|             |                                      |                           |  
|             |                                      | Net assets acquired       |   | $      | 1,733  | 
|             |                                      |                           |  



| |                      
| | ---------------------
| | Basis of Presentation



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)








10-K




| |                     
| | --------------------
| | Federal Income Taxes



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)






| |                                          
| | -----------------------------------------
| | Adoption of New Accounting Pronouncements





| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | - | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | Effective January 1, 2006, the Company adopted
    prospectively SFAS No. 155, Accounting for Certain
    Hybrid Instruments(SFAS 155).
    SFAS 155 amends SFAS No. 133, Accounting for
    Derivative Instruments and Hedging
    (SFAS 133) and SFAS No. 140,
    Accounting for Transfers and Servicing of Financial Assets
    and Extinguishments of Liabilities(SFAS 140). SFAS 155 allows financial
    instruments that have embedded derivatives to be accounted for
    as a whole, eliminating the need to bifurcate the derivative
    from its host, if the holder elects to account for the whole
    instrument on a fair value basis. In addition, among other
    changes, SFAS 155 (i) clarifies which interest-only
    strips and principal-only strips are not subject to the
    requirements of SFAS 133; (ii) establishes a
    requirement to evaluate interests in securitized financial
    assets to identify interests that are freestanding derivatives
    or that are hybrid financial instruments that contain an
    embedded derivative requiring bifurcation; (iii) clarifies
    that concentrations of credit risk in the form of subordination
    are not embedded derivatives; and (iv) eliminates the
    prohibition on a qualifying special-purpose entity
    (QSPE) from holding a derivative financial
    instrument that pertains to a beneficial interest other than
    another derivative financial interest. The adoption of
    SFAS 155 did not have a material impact on the
    Companys unaudited interim condensed consolidated
    financial statements.
|
| |  | Effective January 1, 2006, the Company adopted
    prospectively SFAS 133 Implementation Issue No. B38,
    Embedded Derivatives: Evaluation of Net Settlement with
    Respect to the Settlement of a Debt Instrument through Exercise
    of an Embedded Put Option or Call Option(Issue
    B38) and SFAS 133 Implementation Issue No. B39,
    Embedded Derivatives: Application of Paragraph 13(b) to
    Call Options That Are Exercisable Only by the Debtor
    (Issue B39). Issue B38 clarifies that the potential
    settlement of a debtors obligation to a creditor occurring
    upon exercise of a put or call option meets the net settlement
    criteria of SFAS 133. Issue B39 clarifies that an embedded
    call option, in which the underlying is an interest rate or
    interest rate index, that can accelerate the settlement of a
    debt host financial instrument should not be bifurcated and fair
    valued if the right to accelerate the settlement can be
    exercised only by the debtor (issuer/borrower) and the investor
    will recover substantially all of its initial net investment.
    The adoption of Issues B38 and B39 did not have a material
    impact on the Companys unaudited interim condensed
    consolidated financial statements.                                                                                                                                                                                                                                                                                                                       

Accounting Changes and Error
Corrections, a replacement of APB Opinion No. 20 and FASB
Statement No. 3


Determining Whether
a General Partner, or the General Partners as a Group, Controls
a Limited Partnership or Similar Entity When the Limited
Partners Have Certain Rights 04-5). 04-5


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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)


04-5 04-5 04-5


Clarification of the Application of
Paragraphs 40(b) and 40(c) of FAS 140 140-2). 140-2 140-2,


Exchanges of Nonmonetary Assets, an
amendment of APB Opinion No. 29


03-1, The
Meaning of Other-Than-Temporary Impairment and Its Application
to Certain Investments 03-1). 03-1 03-1 held-to Accounting for Certain Investments in
Debt and Equity Securities, The Meaning
of Other-Than-Temporary Impairment and its Application to
Certain Investments 03-1.




| |                                                 
| | ------------------------------------------------
| | Future Adoption of New Accounting Pronouncements

Accounting for Uncertainty in
Income Taxes  an interpretation of FASB Statement
No. 109


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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)


Accounting for Servicing of Financial Assets  an
amendment of FASB Statement No. 140


05-1, Accounting by Insurance Enterprises for Deferred Acquisition
Costs in Connection with Modifications or Exchanges of Insurance
Contracts 05-1). 05-1 Accounting and Reporting by Insurance
Enterprises for Certain Long-Duration Contracts and For Realized
Gains and Losses from the Sale of Investments. 05-1 05-1, 05-1


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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




|   |            
|-- | -----------
|2. | Investments



| |                                                              
| | -------------------------------------------------------------
| | Fixed Maturities and Equity Securities
    Available-for-Sale



|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |       |       |  |  |      |       |  
|------------------------------------------------------------- | ----------------------- | ------------------------------------------ | ----- | ----- | ---------- | - | - | --------- |  | - | ---------- | --- |  | ----- | ----- | ----- |  |  | ---- | ----- | -
|                                                              |                         | SUCCESSOR                                  |      
|                                                              |                         |                                            |      
|                                                              |                         | June 30, 2006                              |      
|                                                              |                         |                                            |      
|                                                              |                         |                                            |       | Gross |            |   |  
|                                                              |                         | Cost or                                    |       |       | Unrealized |   |   |          
|                                                              |                         | Amortized                                  |       |       |            |   |   | Estimated |  |   | % of       |    
|                                                              |                         | Cost                                       |       |       | Gain       |   |   | Loss      |  |   | Fair Value |     |  | Total |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              |                         | (In millions, except number of securities) |      
|U.S. corporate securities                                     |                         | $                                          | 2,305 |       |            | $ |  |           |  | $ | 136        |     |  | $     | 2,169 |       |  |  | 37.8 | %    
|Residential mortgage-backed securities                        |                         |                                            | 801   |       |            |   |  |           |  |   | 18         |     |  |       | 783   |       |  |  | 13.7 |      
|Foreign corporate securities                                  |                         |                                            | 1,011 |       |            |   | 3 |           |  |   | 63         |     |  |       | 951   |       |  |  | 16.6 |      
|U.S. Treasury/ agency securities                              |                         |                                            | 941   |       |            |   |  |           |  |   | 56         |     |  |       | 885   |       |  |  | 15.4 |      
|Commercial mortgage-backed securities                         |                         |                                            | 695   |       |            |   |  |           |  |   | 24         |     |  |       | 671   |       |  |  | 11.7 |      
|Asset-backed securities                                       |                         |                                            | 115   |       |            |   |  |           |  |   | 3          |     |  |       | 112   |       |  |  | 2.0  |      
|Foreign government securities                                 |                         |                                            | 79    |       |            |   | 1 |           |  |   | 3          |     |  |       | 77    |       |  |  | 1.3  |      
|State and political subdivision securities                    |                         |                                            | 89    |       |            |   |  |           |  |   | 9          |     |  |       | 80    |       |  |  | 1.4  |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total bonds             |                                            |       | 6,036 |            |   |   | 4         |  |   |            | 312 |  |       |       | 5,728 |  |  |      | 99.9  |  
|Redeemable preferred stock                                    |                         |                                            | 3     |       |            |   |  |           |  |   |           |     |  |       | 3     |       |  |  | 0.1  |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total fixed maturities  |                                            | $     | 6,039 |            |   | $ | 4         |  |   | $          | 312 |  |       | $     | 5,731 |  |  |      | 100.0 | %
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|Common stock                                                  |                         | $                                          | 2     |       |            | $ |  |           |  | $ |           |     |  | $     | 2     |       |  |  | 40.0 | %    
|Non-redeemable preferred stock                                |                         |                                            | 3     |       |            |   |  |           |  |   |           |     |  |       | 3     |       |  |  | 60.0 |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total equity securities |                                            | $     | 5     |            |   | $ |          |  |   | $          |    |  |       | $     | 5     |  |  |      | 100.0 | %
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|Total number of securities in an
    unrealized loss position |                         |                                            |       |       |            |   |   |           |  |   | 1,593      |     |  |       |       |       |  |  |      |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      

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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)


|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |       |       |  |  |      |       |  
|------------------------------------------------------------- | ----------------------- | ------------------------------------------ | ----- | ----- | ---------- | - | - | --------- |  | - | ---------- | --- |  | ----- | ----- | ----- |  |  | ---- | ----- | -
|                                                              |                         | SUCCESSOR                                  |      
|                                                              |                         |                                            |      
|                                                              |                         | December 31, 2005                          |      
|                                                              |                         |                                            |      
|                                                              |                         |                                            |       | Gross |            |   |  
|                                                              |                         | Cost or                                    |       |       | Unrealized |   |   |          
|                                                              |                         | Amortized                                  |       |       |            |   |   | Estimated |  |   | % of       |    
|                                                              |                         | Cost                                       |       |       | Gain       |   |   | Loss      |  |   | Fair Value |     |  | Total |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              |                         | (In millions, except number of securities) |      
|U.S. corporate securities                                     |                         | $                                          | 2,808 |       |            | $ | 6 |           |  | $ | 70         |     |  | $     | 2,744 |       |  |  | 45.3 | %    
|Residential mortgage-backed securities                        |                         |                                            | 1,021 |       |            |   | 1 |           |  |   | 17         |     |  |       | 1,005 |       |  |  | 16.6 |      
|Foreign corporate securities                                  |                         |                                            | 562   |       |            |   | 4 |           |  |   | 16         |     |  |       | 550   |       |  |  | 9.1  |      
|U.S. Treasury/ agency securities                              |                         |                                            | 793   |       |            |   | 4 |           |  |   | 6          |     |  |       | 791   |       |  |  | 13.1 |      
|Commercial mortgage-backed securities                         |                         |                                            | 665   |       |            |   | 3 |           |  |   | 9          |     |  |       | 659   |       |  |  | 10.9 |      
|Asset-backed securities                                       |                         |                                            | 147   |       |            |   |  |           |  |   | 2          |     |  |       | 145   |       |  |  | 2.4  |      
|Foreign government securities                                 |                         |                                            | 75    |       |            |   | 3 |           |  |   | 1          |     |  |       | 77    |       |  |  | 1.3  |      
|State and political subdivision securities                    |                         |                                            | 84    |       |            |   |  |           |  |   | 3          |     |  |       | 81    |       |  |  | 1.3  |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total bonds             |                                            |       | 6,155 |            |   |   | 21        |  |   |            | 124 |  |       |       | 6,052 |  |  |      | 100.0 |  
|Redeemable preferred stock                                    |                         |                                            | 3     |       |            |   |  |           |  |   |           |     |  |       | 3     |       |  |  |     |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total fixed maturities  |                                            | $     | 6,158 |            |   | $ | 21        |  |   | $          | 124 |  |       | $     | 6,055 |  |  |      | 100.0 | %
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|Common stock                                                  |                         | $                                          | 1     |       |            | $ | 1 |           |  | $ | 1          |     |  | $     | 1     |       |  |  | 25.0 | %    
|Non-redeemable preferred stock                                |                         |                                            | 3     |       |            |   |  |           |  |   |           |     |  |       | 3     |       |  |  | 75.0 |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|                                                              | Total equity securities |                                            | $     | 4     |            |   | $ | 1         |  |   | $          | 1   |  |       | $     | 4     |  |  |      | 100.0 | %
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      
|Total number of securities in an
    unrealized loss position |                         |                                            |       |       |            |   |   |           |  |   | 1,504      |     |  |       |       |       |  |  |      |      
|                                                              |                         |                                            |       |       |            |   |   |           |  |   |            |     |  |       |      





| |                                                                                                   
| | --------------------------------------------------------------------------------------------------
| | Aging of Gross Unrealized Losses for Fixed Maturities and
    Equity Securities Available-for-Sale



|                                                   |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |    |    |        |  |     |       |  |  |    |    | 
|-------------------------------------------------- | ----- | ------------------------------------------ | ----- | ----- | ---------------- | - | -- | ---------- |  | - | ------ | --- |  | --------- | -- | -- | ------ |  | --- | ----- |  |  | -- | -- | 
|                                                   |       | SUCCESSOR                                  |      
|                                                   |       |                                            |      
|                                                   |       | June 30, 2006                              |      
|                                                   |       |                                            |      
|                                                   |       | Cost or                                    |       |       | Gross Unrealized |   |    | Number of  | 
|                                                   |       | Amortized Cost                             |       |       | Loss             |   |    | Securities | 
|                                                   |       |                                            |       |       |                  |   |    |            | 
|                                                   |       | Less than                                  |       |       | 20% or           |   |    | Less than  |  |   | 20% or |     |  | Less than |    |    | 20% or | 
|                                                   |       | 20%                                        |       |       | more             |   |    | 20%        |  |   | more   |     |  | 20%       |    |    | more   | 
|                                                   |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |    |    |        | 
|                                                   |       | (In millions, except number of securities) |      
|Less than six months                               |       | $                                          | 4,230 |       |                  | $ | 32 |            |  | $ | 198    |     |  | $         | 10 |    |        |  | 984 |       |  |  | 24 |   
|Six months or greater but less than nine months    |       |                                            | 193   |       |                  |   |   |            |  |   | 9      |     |  |           |   |    |        |  | 41  |       |  |  | 1  |   
|Nine months or greater but less than twelve months |       |                                            | 1,350 |       |                  |   | 2  |            |  |   | 94     |     |  |           | 1  |    |        |  | 542 |       |  |  | 1  |   
|                                                   |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |    |    |        | 
|                                                   | Total |                                            | $     | 5,773 |                  |   | $  | 34         |  |   | $      | 301 |  |           | $  | 11 |        |  |     | 1,567 |  |  |    | 26 | 
|                                                   |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |    |    |        | 

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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)


|                     |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |   |   |        |  |       |       |  |  |    |    | 
|-------------------- | ----- | ------------------------------------------ | ----- | ----- | ---------------- | - | -- | ---------- |  | - | ------ | --- |  | --------- | - | - | ------ |  | ----- | ----- |  |  | -- | -- | 
|                     |       | SUCCESSOR                                  |      
|                     |       |                                            |      
|                     |       | December 31, 2005                          |      
|                     |       |                                            |      
|                     |       | Cost or                                    |       |       | Gross Unrealized |   |    | Number of  | 
|                     |       | Amortized Cost                             |       |       | Loss             |   |    | Securities | 
|                     |       |                                            |       |       |                  |   |    |            | 
|                     |       | Less than                                  |       |       | 20% or           |   |    | Less than  |  |   | 20% or |     |  | Less than |   |   | 20% or | 
|                     |       | 20%                                        |       |       | more             |   |    | 20%        |  |   | more   |     |  | 20%       |   |   | more   | 
|                     |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |   |   |        | 
|                     |       | (In millions, except number of securities) |      
|Less than six months |       | $                                          | 4,843 |       |                  | $ | 14 |            |  | $ | 119    |     |  | $         | 6 |   |        |  | 1,480 |       |  |  | 24 |   
|                     |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |   |   |        | 
|                     | Total |                                            | $     | 4,843 |                  |   | $  | 14         |  |   | $      | 119 |  |           | $ | 6 |        |  |       | 1,480 |  |  |    | 24 | 
|                     |       |                                            |       |       |                  |   |    |            |  |   |        |     |  |           |   |   |        | 







17



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




|          |                                 |           |  |    |              |   |  |    |     |  
|--------- | ------------------------------- | --------- |  | -- | ------------ | - |  | -- | --- | -
|          |                                 | SUCCESSOR | 
|          |                                 |           | 
|          |                                 | June 30,  |  |    | December 31, |  
|          |                                 | 2006      |  |    | 2005         |  
|          |                                 |           |  |    |              |  
|Sector:   |                                 |           |  |    |              |   |  |   
|          | U.S. corporates                 |           |  | 44 | %            |   |  | 56 | %  
|          | Foreign corporates              |           |  | 20 |              |   |  | 13 |    
|          | U.S. Treasury/agency securities |           |  | 18 |              |   |  | 5  |    
|          | Commercial mortgage-backed      |           |  | 8  |              |   |  | 7  |    
|          | Residential mortgage-backed     |           |  | 6  |              |   |  | 14 |    
|          | Other                           |           |  | 4  |              |   |  | 5  |    
|          |                                 |           |  |    |              |  
|          |                                 | Total     |  |    | 100          | % |  |    | 100 | %
|          |                                 |           |  |    |              |  
|Industry: |                                 |           |  |    |              |   |  |   
|          | Industrial                      |           |  | 28 | %            |   |  | 21 | %  
|          | Government                      |           |  | 19 |              |   |  | 5  |    
|          | Mortgage-backed                 |           |  | 14 |              |   |  | 21 |    
|          | Finance                         |           |  | 19 |              |   |  | 17 |    
|          | Utility                         |           |  | 9  |              |   |  | 5  |    
|          | Consumer goods                  |           |  | 4  |              |   |  | 11 |    
|          | Other                           |           |  | 7  |              |   |  | 20 |    
|          |                                 |           |  |    |              |  
|          |                                 | Total     |  |    | 100          | % |  |    | 100 | %
|          |                                 |           |  |    |              |  







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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)






| |                      
| | ---------------------
| | Net Investment Income



|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |     |  |   |     |     | 
|------------------------------------------------- | --------------------- | ------------------ | -- | ------------- | ------------------ | - | -- | ---------------- |  | - | ---------------- | --- |  | - | --- | --- | 
|                                                  |                       | SUCCESSOR          |    |               | PREDECESSOR        |   |    | SUCCESSOR        |  |   | PREDECESSOR      |    
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    
|                                                  |                       | Three Months Ended |    |               | Three Months Ended |   |    | Six Months Ended |  |   | Six Months Ended |    
|                                                  |                       | June 30,           |    |               | June 30,           |   |    | June 30,         |  |   | June 30,         |    
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    
|                                                  |                       | 2006               |    |               | 2005               |   |    | 2006             |  |   | 2005             |    
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    
|                                                  |                       |                    |    | (In millions) |                    |   |   
|Fixed maturities                                  |                       | $                  | 79 |               |                    | $ | 91 |                  |  | $ | 156              |     |  | $ | 185 |    
|Equity securities                                 |                       |                    | 1  |               |                    |   |   |                  |  |   | 1                |     |  |   |    |    
|Mortgage loans on real estate                     |                       |                    | 4  |               |                    |   | 5  |                  |  |   | 8                |     |  |   | 9   |    
|Policy loans                                      |                       |                    |   |               |                    |   | 1  |                  |  |   | 1                |     |  |   | 1   |    
|Other limited partnership interests               |                       |                    | 9  |               |                    |   | 20 |                  |  |   | 11               |     |  |   | 27  |    
|Cash, cash equivalents and short-term investments |                       |                    | 3  |               |                    |   | 2  |                  |  |   | 6                |     |  |   | 4   |    
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    
|                                                  | Total                 |                    | $  | 96            |                    |   | $  | 119              |  |   | $                | 183 |  |   | $   | 226 | 
|Less: Investment expenses                         |                       |                    | 2  |               |                    |   | 1  |                  |  |   | 3                |     |  |   | 3   |    
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    
|                                                  | Net investment income |                    | $  | 94            |                    |   | $  | 118              |  |   | $                | 180 |  |   | $   | 223 | 
|                                                  |                       |                    |    |               |                    |   |    |                  |  |   |                  |    



| |                              
| | -----------------------------
| | Net Investment Gains (Losses)



|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |     |   |   |    |    |  
|----------------------------- | ----------------------------- | ------------------ | --- | ------------- | ------------------ | - | -- | ---------------- | - | - | ---------------- | --- | - | - | -- | -- | -
|                              |                               | SUCCESSOR          |     |               | PREDECESSOR        |   |    | SUCCESSOR        |   |   | PREDECESSOR      |    
|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |    
|                              |                               | Three Months Ended |     |               | Three Months Ended |   |    | Six Months Ended |   |   | Six Months Ended |    
|                              |                               | June 30,           |     |               | June 30,           |   |    | June 30,         |   |   | June 30,         |    
|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |    
|                              |                               | 2006               |     |               | 2005               |   |    | 2006             |   |   | 2005             |    
|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |    
|                              |                               |                    |     | (In millions) |                    |   |   
|Fixed maturities              |                               | $                  | (16 | )             |                    | $ | (3 | )                |   | $ | (44              | )   |   | $ | (5 | ) 
|Equity securities             |                               |                    |    |               |                    |   | 1  |                  |   |   |                 |     |   |   | 2  |   
|Mortgage loans on real estate |                               |                    |    |               |                    |   |   |                  |   |   | 1                |     |   |   |   |   
|Derivatives                   |                               |                    | (26 | )             |                    |   | (6 | )                |   |   | (31              | )   |   |   | (3 | ) 
|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |    
|                              | Net investment gains (losses) |                    | $   | (42           | )                  |   | $  | (8               | ) |   | $                | (74 | ) |   | $  | (6 | )
|                              |                               |                    |     |               |                    |   |    |                  |   |   |                  |    





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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




|   |                                 
|-- | --------------------------------
|3. | Derivative Financial Instruments



| |                                
| | -------------------------------
| | Types of Derivative Instruments



|                          |  |               |       |                   |                   |   |     |             |                   |   |        |  |  |        |       |  |             |   |     |  |  |   |    | 
|------------------------- |  | ------------- | ----- | ----------------- | ----------------- | - | --- | ----------- | ----------------- | - | ------ |  |  | ------ | ----- |  | ----------- | - | --- |  |  | - | -- | 
|                          |  | SUCCESSOR     |      
|                          |  |               |      
|                          |  | June 30, 2006 |       |                   | December 31, 2005 |  
|                          |  |               |       |                   |                   |  
|                          |  |               |       | Current Market or |                   |   |     |             | Current Market or |  
|                          |  |               |       | Fair Value        |                   |   |     |             | Fair Value        |  
|                          |  | Notional      |       |                   |                   |   |     | Notional    |                   |   |        | 
|                          |  | Amount        |       |                   | Assets            |   |     | Liabilities |                   |   | Amount |  |  | Assets |       |  | Liabilities |  
|                          |  |               |       |                   |                   |   |     |             |                   |   |        |  |  |        |       |  |             |  
|                          |  | (In millions) |      
|Interest rate swaps       |  | $             | 1,058 |                   |                   | $ | 249 |             |                   | $ | 52     |  |  | $      | 1,069 |  |             | $ | 202 |  |  | $ | 2  | 
|Financial futures         |  |               | 39    |                   |                   |   | 1   |             |                   |   | 1      |  |  |        | 64    |  |             |   | 1   |  |  |   | 1  | 
|Foreign currency swaps    |  |               | 33    |                   |                   |   |    |             |                   |   | 8      |  |  |        | 31    |  |             |   |    |  |  |   | 7  | 
|Foreign currency forwards |  |               | 3     |                   |                   |   |    |             |                   |   |       |  |  |        | 8     |  |             |   |    |  |  |   |   | 
|Options                   |  |               |      |                   |                   |   | 88  |             |                   |   | 3      |  |  |        |      |  |             |   | 115 |  |  |   | 3  | 
|Financial forwards        |  |               |      |                   |                   |   |    |             |                   |   |       |  |  |        |      |  |             |   |    |  |  |   | 2  | 
|Credit default swaps      |  |               | 16    |                   |                   |   |    |             |                   |   |       |  |  |        | 4     |  |             |   |    |  |  |   |   | 
|                          |  |               |       |                   |                   |   |     |             |                   |   |        |  |  |        |       |  |             |  
|Total                     |  | $             | 1,149 |                   |                   | $ | 338 |             |                   | $ | 64     |  |  | $      | 1,176 |  |             | $ | 318 |  |  | $ | 15 | 
|                          |  |               |       |                   |                   |   |     |             |                   |   |        |  |  |        |       |  |             |  









| |        
| | -------
| | Hedging



|               |       |               |       |            |                   |   |     |             |            |   |        |    |  |        |       |       |             |   |     |     |  |   |    |    | 
|-------------- | ----- | ------------- | ----- | ---------- | ----------------- | - | --- | ----------- | ---------- | - | ------ | -- |  | ------ | ----- | ----- | ----------- | - | --- | --- |  | - | -- | -- | 
|               |       | SUCCESSOR     |      
|               |       |               |      
|               |       | June 30, 2006 |       |            | December 31, 2005 |  
|               |       |               |       |            |                   |  
|               |       |               |       | Fair Value |                   |   |     |             | Fair Value |  
|               |       | Notional      |       |            |                   |   |     | Notional    |            |   |        |   
|               |       | Amount        |       |            | Assets            |   |     | Liabilities |            |   | Amount |    |  | Assets |       |       | Liabilities |  
|               |       |               |       |            |                   |   |     |             |            |   |        |    |  |        |       |       |             |  
|               |       | (In millions) |      
|Non-qualifying |       | $             | 1,149 |            |                   | $ | 338 |             |            | $ | 64     |    |  | $      | 1,176 |       |             | $ | 318 |     |  | $ | 15 |   
|               |       |               |       |            |                   |   |     |             |            |   |        |    |  |        |       |       |             |  
|               | Total |               | $     | 1,149      |                   |   | $   | 338         |            |   | $      | 64 |  |        | $     | 1,176 |             |   | $   | 318 |  |   | $  | 15 | 
|               |       |               |       |            |                   |   |     |             |            |   |        |    |  |        |       |       |             |  

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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




| |                  
| | -----------------
| | Fair Value Hedges





|                                                     |  |                    |   |                    |  |   |                  |   |                  |   |   |  |  |   |    |  
|---------------------------------------------------- |  | ------------------ | - | ------------------ |  | - | ---------------- | - | ---------------- | - | - |  |  | - | -- | -
|                                                     |  | SUCCESSOR          |   | PREDECESSOR        |  |   | SUCCESSOR        |   | PREDECESSOR      |  
|                                                     |  |                    |   |                    |  |   |                  |   |                  |  
|                                                     |  | Three Months Ended |   | Three Months Ended |  |   | Six Months Ended |   | Six Months Ended |  
|                                                     |  | June 30,           |   | June 30,           |  |   | June 30,         |   | June 30,         |  
|                                                     |  |                    |   |                    |  |   |                  |   |                  |  
|                                                     |  | 2006               |   | 2005               |  |   | 2006             |   | 2005             |  
|                                                     |  |                    |   |                    |  |   |                  |   |                  |  
|                                                     |  |                    |   | (In millions)      |  |  
|Changes in the fair value of derivatives             |  | $                  |  |                    |  | $ | (2               | ) |                  | $ |  |  |  | $ |   |  
|Changes in the fair value of the items hedged        |  |                    |  |                    |  |   | 1                |   |                  |   |  |  |  |   | (1 | )
|                                                     |  |                    |   |                    |  |   |                  |   |                  |   |   | 
|Net ineffectiveness of fair value hedging activities |  | $                  |  |                    |  | $ | (1               | ) |                  | $ |  |  |  | $ | (1 | )
|                                                     |  |                    |   |                    |  |   |                  |   |                  |   |   | 





Cash Flow Hedges






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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




|                                                                                                              |  |                  |   |                  |  |                  |   |  |  |   |    |  
|------------------------------------------------------------------------------------------------------------- |  | ---------------- | - | ---------------- |  | ---------------- | - |  |  | - | -- | -
|                                                                                                              |  | SUCCESSOR        |   | PREDECESSOR      | 
|                                                                                                              |  |                  |   |                  | 
|                                                                                                              |  | Six Months Ended |   | Six Months Ended |  | Six Months Ended |  
|                                                                                                              |  | June 30,         |   | December 31,     |  | June 30,         |  
|                                                                                                              |  |                  |   |                  |  |                  |  
|                                                                                                              |  | 2006             |   | 2005             |  | 2005             |  
|                                                                                                              |  |                  |   |                  |  |                  |  
|                                                                                                              |  | (In millions)    |  
|Other comprehensive income balance, beginning of period                                                       |  | $                |  |                  |  | $                |  |  |  | $ | 2  |  
|Gains (losses) deferred in other comprehensive income (loss) on
    the effective portion of cash flow hedges |  |                  |  |                  |  |                  |  |  |  |   | (3 | )
|Amounts reclassified to net investment income                                                                 |  |                  |  |                  |  |                  |  |  |  |   | 1  |  
|                                                                                                              |  |                  |   |                  |  |                  |   |  | 
|Other comprehensive income balance, end of period                                                             |  | $                |  |                  |  | $                |  |  |  | $ |   |  
|                                                                                                              |  |                  |   |                  |  |                  |   |  | 



| |                                                                               
| | ------------------------------------------------------------------------------
| | Non-qualifying Derivatives and Derivatives for Purposes
    Other Than Hedging







| |                     
| | --------------------
| | Embedded Derivatives





| |            
| | -----------
| | Credit Risk



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




over-the








|   |                                          
|-- | -----------------------------------------
|4. | Contingencies, Commitments and Guarantees

Contingencies




| |           
| | ----------
| | Litigation







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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)












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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)


Commitments




| |                                                
| | -----------------------------------------------
| | Commitments to
    Fund Partnership Investments





| |                          
| | -------------------------
| | Mortgage Loan Commitments



Guarantees










|   |                       
|-- | ----------------------
|5. | Employee Benefit Plans



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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)








|   |       
|-- | ------
|6. | Equity



| |                      
| | ---------------------
| | Dividend Restrictions





| |                            
| | ---------------------------
| | Comprehensive Income (Loss)



|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |     |   |   |    |    |  
|---------------------------------- | --------------------------------------------------------------------------------- | ------------------ | --- | --- | ------------------ | - | -- | ---------------- | - | - | ---------------- | --- | - | - | -- | -- | -
|                                   |                                                                                   | SUCCESSOR          |     |     | PREDECESSOR        |   |    | SUCCESSOR        |   |   | PREDECESSOR      |    
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    
|                                   |                                                                                   | Three Months Ended |     |     | Three Months Ended |   |    | Six Months Ended |   |   | Six Months Ended |    
|                                   |                                                                                   | June 30,           |     |     | June 30,           |   |    | June 30,         |   |   | June 30,         |    
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    
|                                   |                                                                                   | 2006               |     |     | 2005               |   |    | 2006             |   |   | 2005             |    
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    
|                                   |                                                                                   | (In millions)      |    
|Net income                         |                                                                                   | $                  | 33  |     |                    | $ | 32 |                  |   | $ | 82               |     |   | $ | 76 |   
|Other comprehensive income (loss): |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |     |   |   |    |   
|                                   | Unrealized gains (losses) on derivative instruments, net of
    income taxes      |                    |     |    |                    |   |    | (1               | ) |   |                  |    |   |   |    | (2 | )
|                                   | Unrealized investment gains (losses), net of related offsets and
    income taxes |                    |     | (30 | )                  |   |    | 87               |   |   |                  | (84 | ) |   |    | (5 | )
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    
|Other comprehensive income (loss)  |                                                                                   |                    | (30 | )   |                    |   | 86 |                  |   |   | (84              | )   |   |   | (7 | ) 
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    
|                                   | Comprehensive income (loss)                                                       |                    | $   | 3   |                    |   | $  | 118              |   |   | $                | (2  | ) |   | $  | 69 |  
|                                   |                                                                                   |                    |     |     |                    |   |    |                  |   |   |                  |    

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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)




|   |               
|-- | --------------
|7. | Other Expenses



|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |     |  |   |      |     | 
|---------------------------- | -------------------- | ------------------ | --- | -- | ------------------ | - | ---- | ---------------- |  | - | ---------------- | --- |  | - | ---- | --- | 
|                             |                      | SUCCESSOR          |     |    | PREDECESSOR        |   |      | SUCCESSOR        |  |   | PREDECESSOR      |    
|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |    
|                             |                      | Three Months Ended |     |    | Three Months Ended |   |      | Six Months Ended |  |   | Six Months Ended |    
|                             |                      | June 30,           |     |    | June 30,           |   |      | June 30,         |  |   | June 30,         |    
|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |    
|                             |                      | 2006               |     |    | 2005               |   |      | 2006             |  |   | 2005             |    
|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |    
|                             |                      | (In millions)      |    
|Compensation                 |                      | $                  | 14  |    |                    | $ | 9    |                  |  | $ | 32               |     |  | $ | 19   |    
|Commissions                  |                      |                    | 45  |    |                    |   | 89   |                  |  |   | 105              |     |  |   | 180  |    
|Amortization of DAC and VOBA |                      |                    | 40  |    |                    |   | 72   |                  |  |   | 76               |     |  |   | 133  |    
|Capitalization of DAC        |                      |                    | (41 | )  |                    |   | (115 | )                |  |   | (96              | )   |  |   | (222 | )  
|Rent, net of sublease income |                      |                    | 1   |    |                    |   |     |                  |  |   | 2                |     |  |   | 1    |    
|Other                        |                      |                    | 8   |    |                    |   | 49   |                  |  |   | 19               |     |  |   | 73   |    
|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |    
|                             | Total other expenses |                    | $   | 67 |                    |   | $    | 104              |  |   | $                | 138 |  |   | $    | 184 | 
|                             |                      |                    |     |    |                    |   |      |                  |  |   |                  |    



|   |                           
|-- | --------------------------
|8. | Related Party Transactions









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MetLife Life and Annuity Company of Connecticut




Notes to Interim Condensed Consolidated Financial Statements
(Unaudited)  (Continued)








28



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##### Table of Contents








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

10-Q. 10-K








10-K, 10-Q,


Acquisition




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##### Table of Contents



Business Combinations, Goodwill and Other Intangible
Assets, Push Down
Basis of Accounting Required in Certain Limited Circumstances,


Business




Summary of Critical Accounting Estimates




Changes in Executive Officers




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##### Table of Contents



Results of Operations




|                                                       |                |                  |     |     |                  |   |     |     | 
|------------------------------------------------------ | -------------- | ---------------- | --- | --- | ---------------- | - | --- | --- | 
|                                                       |                | SUCCESSOR        |     |     | PREDECESSOR      |  
|                                                       |                |                  |     |     |                  |  
|                                                       |                | Six Months Ended |     |     | Six Months Ended |  
|                                                       |                | June 30, 2006    |     |     | June 30, 2005    |  
|                                                       |                |                  |     |     |                  |  
|                                                       |                | (In millions)    |    
|Revenues                                               |                |                  |     |     |                  |   |     |    
|Premiums                                               |                | $                | 22  |     |                  | $ | 20  |    
|Universal life and investment-type product policy fees |                |                  | 247 |     |                  |   | 221 |    
|Net investment income                                  |                |                  | 180 |     |                  |   | 223 |    
|Other revenues                                         |                |                  | 13  |     |                  |   | 12  |    
|Net investment gains (losses)                          |                |                  | (74 | )   |                  |   | (6  | )  
|                                                       |                |                  |     |     |                  |  
|                                                       | Total revenues |                  |     | 388 |                  |   |     | 470 | 
|                                                       |                |                  |     |     |                  |  
|Expenses                                               |                |                  |     |     |                  |   |     |    
|Policyholder benefits and claims                       |                |                  | 71  |     |                  |   | 49  |    
|Interest credited to policyholder account balances     |                |                  | 68  |     |                  |   | 126 |    
|Other expenses                                         |                |                  | 138 |     |                  |   | 184 |    
|                                                       |                |                  |     |     |                  |  
|                                                       | Total expenses |                  |     | 277 |                  |   |     | 359 | 
|                                                       |                |                  |     |     |                  |  
|Income before provision for income taxes               |                |                  | 111 |     |                  |   | 111 |    
|Provision for income taxes                             |                |                  | 29  |     |                  |   | 35  |    
|                                                       |                |                  |     |     |                  |  
|Net income                                             |                | $                | 82  |     |                  | $ | 76  |    
|                                                       |                |                  |     |     |                  |  



| |           
| | ----------
| | Net Income















31



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##### Table of Contents









| |               
| | --------------
| | Total Revenues











| |               
| | --------------
| | Total Expenses









Insurance Regulations




32



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##### Table of Contents









| |                                          
| | -----------------------------------------
| | Adoption of New Accounting Pronouncements





| |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |  | Effective January 1, 2006, the Company adopted
    prospectively SFAS No. 155, Accounting for Certain
    Hybrid Instruments (SFAS 155).
    SFAS 155 amends SFAS No. 133, Accounting for
    Derivative Instruments and Hedging(SFAS 133) and SFAS No. 140,
    Accounting for Transfers and Servicing of Financial Assets
    and Extinguishments of Liabilities(SFAS 140). SFAS 155 allows financial
    instruments that have embedded derivatives to be accounted for
    as a whole, eliminating the need to bifurcate the derivative
    from its host, if the holder elects to account for the whole
    instrument on a fair value basis. In addition, among other
    changes, SFAS 155 (i) clarifies which interest-only
    strips and principal-only strips are not subject to the
    requirements of SFAS 133; (ii) establishes a
    requirement to evaluate interests in securitized financial
    assets to identify interests that are freestanding derivatives
    or that are hybrid financial instruments that contain an
    embedded derivative requiring bifurcation; (iii) clarifies
    that concentrations of credit risk in the form of subordination
    are not embedded derivatives; and (iv) eliminates the
    prohibition on a qualifying special-purpose entity
    (QSPE) from holding a derivative financial
    instrument that pertains to a beneficial interest other than
    another derivative financial interest. The adoption of
    SFAS 155 did not have a material impact on the
    Companys unaudited interim condensed consolidated
    financial statements.
|
| |  | Effective January 1, 2006, the Company adopted
    prospectively SFAS 133 Implementation Issue No. B38,
    Embedded Derivatives: Evaluation of Net Settlement with
    Respect to the Settlement of a Debt Instrument through Exercise
    of an Embedded Put Option or Call Option(Issue
    B38) and SFAS 133 Implementation Issue No. B39,
    Embedded Derivatives: Application of Paragraph 13(b) to
    Call Options That Are Exercisable Only by the Debtor
    (Issue B39). Issue B38 clarifies that the potential
    settlement of a debtors obligation to a creditor occurring
    upon exercise of a put or call option meets the net settlement
    criteria of SFAS 133. Issue B39 clarifies that an embedded
    call option, in which the underlying is an interest rate or
    interest rate index, that can accelerate the settlement of a
    debt host financial instrument should not be bifurcated and fair
    valued if the right to accelerate the settlement can be
    exercised only by the debtor (issuer/borrower) and the investor
    will recover substantially all of its initial net investment.
    The adoption of Issues B38 and B39 did not have a material
    impact on the Companys unaudited interim condensed
    consolidated financial statements.                                                                                                                                                                                                                                                                                                                   

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Accounting Changes and Error
Corrections, a replacement of APB Opinion No. 20 and FASB
Statement No. 3


Determining Whether
a General Partner, or the General Partners as a Group, Controls
a Limited Partnership or Similar Entity When the Limited
Partners Have Certain Rights 04-5). 04-5 04-5 04-5 04-5


140-2, Clarification of the Application of Paragraphs 40(b) and
40(c) of FAS 140 140-2). 140-2


Exchanges of Nonmonetary Assets, an
amendment of APB Opinion No. 29


03-1, The
Meaning of Other-Than-Temporary Impairment and Its Application
to Certain Investments 03-1). 03-1 03-1 held-to Accounting for Certain Investments in
Debt and Equity Securities, The Meaning
of Other-Than-Temporary Impairment and its Application to
Certain Investments 115-1), 03-1. 115-1,


34



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##### Table of Contents





| |                                                 
| | ------------------------------------------------
| | Future Adoption of New Accounting Pronouncements

Accounting for Uncertainty in
Income Taxes  an interpretation of FASB Statement
No. 109


Accounting for Servicing of Financial Assets  an
amendment of FASB Statement No. 140


Accounting by Insurance Enterprises
for Deferred Acquisition Costs in Connection with Modifications
or Exchanges of Insurance Contracts Accounting and Reporting by Insurance
Enterprises for Certain Long-Duration Contracts and For Realized
Gains and Losses from the Sale of Investments.







|        |                        
|------- | -----------------------
|Item 4. | Controls and Procedures

Disclosure Controls and Procedures


13a-15(e) 15d-15(e)


Internal Control Over Financial Reporting




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##### Table of Contents



13a-15(f)





Part II  Other Information







|        |                  
|------- | -----------------
|Item 1. | Legal Proceedings

10-Q


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##### Table of Contents








|        |         
|------- | --------
|Item 6. | Exhibits

| |    |    |  |                                                                                                                                                                                                                                                                                                                   
| | -- | -- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | 3  | .1 |  | Charter of The Travelers Life and Annuity Company
    (MLAC, now MetLife Life and Annuity Company of
    Connecticut), as effective April 10, 1990 (Incorporated by
    reference to Exhibit 3.1 of MLACs Annual Report on
    Form 10-K for the fiscal year ended December 31, 2005
    (the Annual Report))
| | 3  | .2 |  | Certificate of Amendment of the Charter as Amended and Restated
    of MLAC, as effective May 1, 2006 (Incorporated by
    reference to Exhibit 3.2 of the Annual Report)                                                                                                                                         
| | 3  | .3 |  | By-laws of MLAC, as effective April 10, 1990 (Incorporated
    by reference to Exhibit 3.3 of the Annual Report)                                                                                                                                                                                                  
| | 31 | .1 |  | Certification of President 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 President 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                                                                                                                                                                                                            

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##### Table of Contents






SIGNATURES






| |                                                
| | -----------------------------------------------
| | METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT



| |     |                             
| | --- | ----------------------------
| | By: | /s/ Joseph J. Prochaska, Jr.

| |                               
| | ------------------------------
| |                               
| | Name: Joseph J. Prochaska, Jr.

| |        |                                                                                                                      
| | ------ | ---------------------------------------------------------------------------------------------------------------------
| | Title: | Executive Vice-President and Chief 
     Accounting Officer (Authorized 
     Signatory and Chief Accounting Officer)



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##### Table of Contents






Exhibit Index


|        |    |              |  |                                                                                                                                                                                                                                                                                                                   
|------- | -- | ------------ |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit |    |             
|Number  |    | Exhibit Name
|        |    |             
|        | 3  | .1           |  | Charter of The Travelers Life and Annuity Company
    (MLAC, now MetLife Life and Annuity Company of
    Connecticut), as effective April 10, 1990 (Incorporated by
    reference to Exhibit 3.1 of MLACs Annual Report on
    Form 10-K for the fiscal year ended December 31, 2005
    (the Annual Report))
|        | 3  | .2           |  | Certificate of Amendment of the Charter as Amended and Restated
    of MLAC, as effective May 1, 2006 (Incorporated by
    reference to Exhibit 3.2 of the Annual Report)                                                                                                                                         
|        | 3  | .3           |  | By-laws of MLAC, as effective April 10, 1990 (Incorporated
    by reference to Exhibit 3.3 of the Annual Report)                                                                                                                                                                                                  
|        | 31 | .1           |  | Certification of President 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 President 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