##### Table of Contents



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

QUARTERLY REPORT PURSUANT TO
    SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2007ORo

TRANSITION REPORT PURSUANT TO
    SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934FOR THE TRANSITION PERIOD
    FROM          TO   Commission file number:
    33-58677
    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

06103-3415(Address of principal executive
    offices)

(Zip Code)   (860) 308-1000
 (Registrants telephone
    number, including area code)
  þ o
  Rule 12b-2
  o o þ
  Rule 12b-2 o þ
    REDUCED
    DISCLOSURE FORMAT
  The registrant meets the conditions set forth in General
    Instruction H(1)(a) and (b) of
    Form 10-Q
    and is, therefore, filing this
    Form 10-Q
    with the reduced disclosure format.




---



##### 



Table of
    Contents
  PagePart I  Financial
    Information


4Item 1. Financial Statements


4Interim Condensed Consolidated Balance Sheets at
    September 30, 2007 (Unaudited) and December 31,
    2006


4Interim Condensed Consolidated Statements of
    Income for the Three Months and Nine Months Ended
    September 30, 2007 and 2006 (Unaudited)


5Interim Condensed Consolidated Statement of
    Stockholders Equity for the Nine Months Ended
    September 30, 2007 (Unaudited)


6Interim Condensed Consolidated Statements of Cash
    Flows for the Nine Months Ended September 30, 2007 and 2006
    (Unaudited)


7Notes to Interim Condensed Consolidated Financial
    Statements (Unaudited)


8Item 2. Managements Discussion and
    Analysis of Financial Condition and Results of Operations


25Item 4. Controls and Procedures


30Part II  Other Information


31Item 1. Legal Proceedings


31Item 6. Exhibits


32Signatures


33Exhibit Index


E-1EX-31.1: CERTIFICATIONEX-31.2: CERTIFICATIONEX-32.1: CERTIFICATIONEX-32.2: CERTIFICATION   2




---



##### Table of Contents



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




---



##### Table of Contents



Part I 
    Financial Information
  Item 1.
    Financial
    Statements  MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)
  Interim
    Condensed Consolidated Balance Sheets
    September 30, 2007 (Unaudited) and December 31,
    2006
  (In
    millions, except share and per share data)
  September 30,


December 31,2007


2006AssetsInvestments:Fixed maturity securities available-for-sale, at estimated fair
    value (amortized cost: $6,075 and $5,967, respectively)

$
5,941


$
5,889Equity securities available-for-sale, at estimated fair value
    (cost: $98 and $56, respectively)


95



57Mortgage loans on real estate


347



295Policy loans


61



55Real estate and real estate joint ventures held-for-investment


8



2Other limited partnership interests


102



68Short-term investments


412



95Other invested assets


273



341Total investments


7,239



6,802Cash and cash equivalents


243



230Accrued investment income


69



68Premiums and other receivables


315



289Deferred policy acquisition costs and value of business acquired


1,611



1,712Current income tax recoverable






19Deferred income tax assets






8Goodwill


239



239Other assets


28



25Separate account assets


11,928



12,246Total assets

$
21,672


$
21,638Liabilities and Stockholders EquityLiabilities:Future policy benefits

$
1,761


$
1,782Policyholder account balances


4,908



5,377Other policyholder funds


111



79Short-term debt  affiliated


40



Current income tax payable


6



Deferred income tax liability


3



Payables for collateral under securities loaned and other
    transactions


757



102Other liabilities


104



119Separate account liabilities


11,928



12,246Total liabilities


19,618



19,705Contingencies, Commitments and Guarantees
    (Note 5)Stockholders Equity:Common stock, par value $100 per share; 100,000 shares
    authorized; 30,000 shares issued and outstanding at
    September 30, 2007 and December 31, 2006


3



3Additional paid-in capital


1,730



1,730Retained earnings


368



230Accumulated other comprehensive loss


(47
)


(30
)Total stockholders equity


2,054



1,933Total liabilities and stockholders equity

$
21,672


$
21,638   See accompanying notes to interim condensed consolidated
    financial statements.
 4




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)
  Interim
    Condensed Consolidated Statements of Income
    For the Three Months and Nine Months Ended September 30,
    2007 and 2006 (Unaudited)
  (In
    millions)
  Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006RevenuesPremiums

$
7


$
11


$
28


$
33Universal life and investment-type product policy fees


107



118



331



365Net investment income


88



95



271



275Other revenues


6



8



18



21Net investment gains (losses)


1



6



(20
)


(68
)Total revenues


209



238



628



626ExpensesPolicyholder benefits and claims


31



16



90



87Interest credited to policyholder account balances


34



46



98



114Other expenses


83



84



256



222Total expenses


148



146



444



423Income before provision for income tax


61



92



184



203Provision for income tax


14



33



46



62Net income

$
47


$
59


$
138


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




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)
  Interim
    Condensed Consolidated Statement of Stockholders Equity
    For the Nine Months Ended September 30, 2007
    (Unaudited)
  (In
    millions)
  Accumulated OtherComprehensive LossNetAdditional





UnrealizedCommon


Paid-in


Retained


InvestmentStock


Capital


Earnings


Gains (Losses)


TotalBalance at January 1, 2007

$
3


$
1,730


$
230


$
(30
)

$
1,933Comprehensive income:Net income










138







138Other comprehensive loss:Unrealized gains (losses) on derivative instruments, net of
    income tax














(1
)


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














(16
)


(16
)Other comprehensive loss


















(17
)Comprehensive income


















121Balance at September 30, 2007

$
3


$
1,730


$
368


$
(47
)

$
2,054   See accompanying notes to interim condensed consolidated
    financial statements.
 6




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)
  Interim
    Condensed Consolidated Statements of Cash Flows
    For the Nine Months Ended September 30, 2007 and 2006
    (Unaudited)
  (In
    millions)
  Nine Months EndedSeptember 30,2007


2006Net cash provided by operating activities

$
240


$
15Cash flows from investing activitiesSales, maturities and repayments of:Fixed maturity securities


1,942



2,271Equity securities


34



1Mortgage loans on real estate


33



41Other limited partnership interests


38



19Purchases of:Fixed maturity securities


(2,094
)


(2,237
)Equity securities


(77
)


(8
)Mortgage loans on real estate


(85
)


(13
)Real estate and real estate joint ventures


(6
)


Other limited partnership interests


(66
)


(12
)Net change in policy loans


(6
)


(11
)Net change in short-term investments


(317
)


(38
)Net change in other invested assets


17



25Net cash (used in) provided by investing activities


(587
)


38Cash flows from financing activitiesPolicyholder account balances:Deposits


280



448Withdrawals


(646
)


(500
)Net change in payables for collateral under securities loaned
    and other transactions


655



4Financing element of certain derivative instruments


31



(15
)Net change in short-term debt-affiliated


40



Net cash provided by (used in) financing activities


360



(63
)Change in cash and cash equivalents


13



(10
)Cash and cash equivalents, beginning of period


230



233Cash and cash equivalents, end of period

$
243


$
223Supplemental disclosures of cash flow information:Net cash paid during the period for:Income tax

$
1


$
   See accompanying notes to interim condensed consolidated
    financial statements.
 7




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)
  Notes
    to Interim Condensed Consolidated Financial Statements
    (Unaudited)
  1.
    Business,
    Basis of Presentation, and Summary of Significant Accounting
    Policies  Business
          Basis
    of Presentation
    (i)
    the fair value of investments in the absence of quoted market
    values;(ii)
    investment impairments;(iii)
    the recognition of income on certain investments;(iv)
    application of the consolidation rules to certain investments;(v)
    the fair value of and accounting for derivatives;(vi)
    the capitalization and amortization of deferred policy
    acquisition costs (DAC) and the establishment and
    amortization of value of business acquired (VOBA);(vii)
    the measurement of goodwill and related impairment, if any;(viii)
    the liability for future policyholder benefits;(ix)
    accounting for income taxes and the valuation of deferred income
    tax assets;(x)
    accounting for reinsurance transactions; and(xi)
    the liability for litigation and regulatory matters.   8




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
          Form 10-K
  Adoption
    of New Accounting Pronouncements
  Income
    Taxes
  Accounting for Uncertainty in
    Income Taxes  An Interpretation of FASB Statement
    No. 109
  2007-61, 2007-61
 9




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Insurance
    Contracts
  05-1, Accounting by Insurance Enterprises for Deferred Acquisition
    Costs in Connection with Modifications or Exchanges of Insurance
    Contracts (SOP 05-1). SOP 05-1 Accounting and Reporting by Insurance Enterprises for Certain
    Long-Duration Contracts and for Realized Gains and Losses from
    the Sale of Investments. SOP 05-1 SOP 05-1 SOP 05-1. SOP 05-1.
  SOP 05-1
  SOP 05-1
  Other
  Accounting for Servicing of Financial
    Assets  an amendment of FASB Statement
    No. 140
  Future
    Adoption of New Accounting Pronouncements
  SOP 07-1, Clarification of the Scope of the Audit and Accounting Guide
    Investment Companies and Accounting by Parent Companies and
    Equity Method Investors for Investments in Investment
    Companies (SOP 07-1).Upon SOP 07-1, FIN 46(r)-7, Application of FASB Interpretation No. 46 to Investment
    Companies FIN 46(r)-7), Consolidation of
    Variable Interest Entities  An Interpretation of
    Accounting Research Bulletin No. 51, SOP 07-1 Investment
    Companies SOP 07-1 SOP 07-1
 10




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  SOP 07-1 FIN 46(r)-7 SOP 07-1. SOP 07-1 FIN 46(r)-7
  No. FIN 39-1, Amendment of FASB Interpretation No. 39 (FSP 39-1). FSP 39-1 Offsetting of Amounts Related to
    Certain Contracts , FSP 39-1 FSP 39-1 FSP 39-1 FSP 39-1, FSP 39-1
  The
    Fair Value Option for Financial Assets and Financial Liabilities instrument-by-instrument
  Fair Value Measurements Accounting for
    Derivative Instruments and Hedging Activities and/or
 11




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  2.
    Investments  Fixed
    Maturity and Equity Securities Available-for-Sale
    September 30, 2007Cost or


GrossAmortized


Unrealized


Estimated


% ofCost


Gain


Loss


Fair Value


Total(In millions)U.S. corporate securities

$
2,582


$
10


$
94


$
2,498



42.0
%Foreign corporate securities


906



7



27



886



14.9U.S. Treasury/agency securities


633



4



15



622



10.5Commercial mortgage-backed securities


743



3



11



735



12.4Residential mortgage-backed securities


833



5



11



827



13.9Asset-backed securities


184







5



179



3.0State and political subdivision securities


113



1



6



108



1.8Foreign government securities


81



6



1



86



1.5Total fixed maturity securities

$
6,075


$
36


$
170


$
5,941



100.0
%Non-redeemable preferred stock

$
75


$
2


$
5


$
72



75.8
%Common stock


23











23



24.2Total equity securities

$
98


$
2


$
5


$
95



100.0
%   December 31, 2006Cost or


GrossAmortized


Unrealized


Estimated


% ofCost


Gain


Loss


Fair Value


Total(In millions)U.S. corporate securities

$
2,542


$
18


$
62


$
2,498



42.4
%Foreign corporate securities


892



5



21



876



14.9U.S. Treasury/agency securities


801



2



20



783



13.3Commercial mortgage-backed securities


736



4



6



734



12.5Residential mortgage-backed securities


734



10



5



739



12.5Asset-backed securities


102







2



100



1.7State and political subdivision securities


91



1



6



86



1.5Foreign government securities


69



5



1



73



1.2Total fixed maturity securities

$
5,967


$
45


$
123


$
5,889



100.0
%Non-redeemable preferred stock

$
55


$
2


$
1


$
56



98.2
%Common stock


1











1



1.8Total equity securities

$
56


$
2


$
1


$
57



100.0
%  12




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Unrealized
    Loss for Fixed Maturity and Equity Securities
    Available-for-Sale
    September 30, 2007Equal to or GreaterLess than 12 months


than 12 months


TotalGross





Gross





GrossEstimated


Unrealized


Estimated


Unrealized


Estimated


UnrealizedFair  Value


Loss


Fair Value


Loss


Fair Value


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

$
1,693


$
72


$
378


$
22


$
2,071


$
94Foreign corporate securities


472



17



189



10



661



27U.S. Treasury/agency securities


301



7



152



8



453



15Commercial mortgage-backed securities


267



4



99



7



366



11Residential mortgage-backed securities


453



10



36



1



489



11Asset-backed securities


78



3



21



2



99



5State and political subdivision securities


29



3



56



3



85



6Foreign government securities


18



1



4







22



1Total fixed maturity securities

$
3,311


$
117


$
935


$
53


$
4,246


$
170Equity securities

$
73


$
4


$
6


$
1


$
79


$
5Total number of securities in an unrealized loss position


910







353







1,263   December 31, 2006Equal to or GreaterLess than 12 months


than 12 months


TotalGross





Gross





GrossEstimated


Unrealized


Estimated


Unrealized


Estimated


UnrealizedFair Value


Loss


Fair Value


Loss


Fair Value


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

$
1,330


$
40


$
500


$
22


$
1,830


$
62Foreign corporate securities


462



13



174



8



636



21U.S. Treasury/agency securities


474



17



51



3



525



20Commercial mortgage-backed securities


304



2



109



4



413



6Residential mortgage-backed securities


307



4



59



1



366



5Asset-backed securities


45







22



2



67



2State and political subdivision securities


21



3



54



3



75



6Foreign government securities


13



1



12







25



1Total fixed maturity securities

$
2,956


$
80


$
981


$
43


$
3,937


$
123Equity securities

$
37


$
1


$
5


$



$
42


$
1Total number of securities in an unrealized loss position


772







430







1,202  13




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Aging
    of Gross Unrealized Loss for Fixed Maturity and Equity
    Securities Available-for-Sale
    September 30, 2007Cost or


Gross


Number ofAmortized Cost


Unrealized Loss


SecuritiesLess than


20% or


Less than


20% or


Less than


20% or20%


more


20%


more


20%


more(In millions, except number of securities)Less than six months

$
2,753


$
9


$
83


$
2



747



11Six months or greater but less than nine months


552







25







118



Nine months or greater but less than twelve months


191







11







34



Twelve months or greater


995







54







353



Total

$
4,491


$
9


$
173


$
2



1,252



11   December 31, 2006Cost or


Gross


Number ofAmortized Cost


Unrealized Loss


SecuritiesLess than


20% or


Less than


20% or


Less than


20% or20%


more


20%


more


20%


more(In millions, except number of securities)Less than six months

$
2,763


$
4


$
66


$
2



696



9Six months or greater but less than nine months


16















24



Nine months or greater but less than twelve months


291







13







43



Twelve months or greater


1,029







43







430



Total

$
4,099


$
4


$
122


$
2



1,193



9        14




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    September 30,


December 31,2007


2006Sector:U.S. corporate securities


54
%


50
%Foreign corporate securities


15



17U.S. Treasury/agency securities


9



16Commercial mortgage-backed securities


6



5Residential mortgage-backed securities


6



4State and political subdivision securities


3



5Other


7



3Total


100
%


100
%Industry:Industrial


17
%


26
%Finance


28



20Government


9



17Utility


14



12Mortgage-backed


12



9Consumer


6



2Other


14



14Total


100
%


100
%     security-by-security asset/liability
   15




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Securities
    Lending
    Net
    Investment Income
    Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006(In millions)Fixed maturity securities

$
87


$
78


$
258


$
234Equity securities


1







2



1Mortgage loans on real estate


5



4



16



12Policy loans


1



1



3



2Other limited partnership interests


1



8



9



19Cash, cash equivalents and short-term investments


4



4



11



10Other invested assets






1



1



1Total investment income


99



96



300



279Less: Investment expenses


11



1



29



4Net investment income

$
88


$
95


$
271


$
275    16




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  Net
    Investment Gains (Losses)
    Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006(In millions)Fixed maturity securities

$
(12
)

$
(12
)

$
(33
)

$
(56
)Equity securities


2







(2
)


Mortgage loans on real estate










1



1Other limited partnership interests


(1
)






3



Derivatives


12



18



11



(13
)Net investment gains (losses)

$
1


$
6


$
(20
)

$
(68
)       Variable
    Interest Entities
    September 30, 2007Not Primary BeneficiaryMaximumTotal


Exposure toAssets(1)


Loss(2)(In millions)Other limited partnership interests(3)


263



46Trust preferred securities(4)


3,300



30Total

$
3,563


$
76     (1)
    
    The assets of the other limited partnership interests and trust
    preferred securities are reflected at the carrying amounts at
    which such assets would have been reflected on the
    Companys consolidated balance sheet had the Company
    consolidated the VIE from the date of its initial investment in
    the entity.(2)
    
    The maximum exposure to loss relating to other limited
    partnership interests and trust preferred securities is equal to
    the carrying amounts plus any unfunded commitments, reduced by
    amounts guaranteed by other partners.(3)
    
    Other limited partnership interests include partnerships
    established for the purpose of investing in public and private
    debt and equity securities. 17




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
   (4)
    
    Trust preferred securities are complex, uniquely structured
    investments which contain features of both equity and debt, may
    have an extended or no stated maturity, and may be callable at
    the issuers option after a defined period of time.  3.
    Derivative
    Financial Instruments  Types
    of Derivative Financial Instruments
    September 30, 2007


December 31, 2006Current Market





Current MarketNotional


or Fair Value


Notional


or Fair ValueAmount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Interest rate swaps

$
752


$
220


$
1


$
911


$
266


$
32Financial futures


171



1



2



26







Foreign currency swaps


60







11



32



1



9Foreign currency forwards


6











4







Options






43



2







53



5Financial forwards






















1Credit default swaps


25











4







Total

$
1,014


$
264


$
16


$
977


$
320


$
47       Hedging
    September 30, 2007


December 31, 2006Notional


Fair Value


Notional


Fair ValueAmount


Assets


Liabilities


Amount


Assets


Liabilities(In millions)Cash flow

$
18


$



$
1


$



$



$
Non-qualifying


996



264



15



977



320



47Total

$
1,014


$
264


$
16


$
977


$
320


$
47    18




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Fair
    Value Hedges
        Cash
    Flow Hedges
        Non-qualifying
    Derivatives and Derivatives for Purposes Other Than
    Hedging
   19




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006Net investment gains (losses), excluding embedded derivatives

$
18


$
4


$

(3)

$

(52)   Embedded
    Derivatives
      September 30,


December 31,2007


2006Embedded derivative assets

$
4


$
9Embedded derivative liabilities

$



$
     Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006Net investment gains (losses)

$

(9)

$
8


$
8


$
27   Credit
    Risk
       20




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
    4.
    Short-term
    Debt  Affiliated    5.
    Contingencies,
    Commitments and Guarantees  Contingencies
  Litigation
  and/or
      Macomber, et al. v. Travelers Property Casualty Corp., et al.
    (Conn. Super. Ct., Hartford, filed April 7, 1999).
 21




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
            Commitments
  Commitments
    to Fund Partnership Investments
    Mortgage
    Loan Commitments
    Commitments
    to Fund Bank Credit Facilities and Private Corporate Bond
    Investments
    Guarantees
   22




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
          6.
    Comprehensive
    Income    Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006(In millions)Net income

$
47


$
59


$
138


$
141Other comprehensive income (loss):Unrealized gains (losses) on derivative instruments, net of
    income tax


(1
)






(1
)


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


24



90



(16
)


6Other comprehensive income (loss)


23



90



(17
)


6Comprehensive income

$
70


$
149


$
121


$
147  23




---



##### Table of Contents



MetLife
    Life and Annuity Company of Connecticut (A
    Wholly-Owned Subsidiary of MetLife Insurance Company of
    Connecticut)Notes to Interim Condensed Consolidated Financial Statements
    (Unaudited)  (Continued)
  7.
    Other
    Expenses    Three Months Ended


Nine Months EndedSeptember 30,


September 30,2007


2006


2007


2006(In millions)Compensation

$
3


$
7


$
10


$
27Commissions


21



29



65



135Amortization of DAC and VOBA


52



54



173



130Capitalization of DAC


(12
)


(22
)


(40
)


(118
)Insurance tax


1



3



7



9Other


18



13



41



39Total other expenses

$
83


$
84


$
256


$
222   8.
    Related
    Party Transactions        Regulation A-XXX
 24




---



##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations  Form 10-Q. Form 10-K
    and/or
    Business
      Summary
    of Critical Accounting Estimates
   25




---



##### Table of Contents



(i)
    the fair value of investments in the absence of quoted market
    values;(ii)
    investment impairments;(iii)
    the recognition of income on certain investments;(iv)
    application of the consolidation rules to certain investments;(v)
    the fair value of and accounting for derivatives;(vi)
    the capitalization and amortization of DAC and the establishment
    and amortization of VOBA;(vii)
    the measurement of goodwill and related impairment, if any;(viii)
    the liability for future policyholder benefits;(ix)
    accounting for income taxes and the valuation of deferred income
    tax assets;(x)
    accounting for reinsurance transactions; and(xi)
    the liability for litigation and regulatory matters.    Results
    of Operations
  Discussion
    of Results
    Nine Months EndedSeptember 30,2007


2006(In millions)RevenuesPremiums

$
28


$
33Universal life and investment-type product policy fees


331



365Net investment income


271



275Other revenues


18



21Net investment gains (losses)


(20
)


(68
)Total revenues


628



626ExpensesPolicyholder benefits and claims


90



87Interest credited to policyholder account balances


98



114Other expenses


256



222Total expenses


444



423Income before provision for income tax


184



203Provision for income tax


46



62Net income

$
138


$
141  26




---



##### Table of Contents



Net
    Income
        
    Higher DAC amortization of $28 million, net of income tax,
    driven by lower net investment losses and revisions to
    managements assumptions used to determine estimated gross
    profits.
    Lower universal life and investment-type product policy fees and
    other revenues of $18 million, net of income tax, resulting
    from an increase in ceded reinsurance on certain universal life
    and annuity products.
    Unfavorable underwriting results primarily in life products of
    $11 million, net of income tax. Underwriting results are
    generally the difference between the portion of premium and fee
    income intended to cover mortality, morbidity or other insurance
    costs, less claims incurred, and the change in insurance-related
    liabilities. Underwriting results are significantly influenced
    by mortality, morbidity, or other insurance-related experience
    trends, as well as the reinsurance activity related to certain
    blocks of business. Consequently, results can fluctuate from
    period to period.
    A decrease in interest margins of $3 million, net of income
    tax. Interest margins relate primarily to the general account
    portion of investment-type products. Management attributed
    $14 million of the decrease to annuities and other
    investment-type products partially offset by a $11 million
    increase in the universal life business. Interest margin is the
    difference between interest earned and interest credited to
    policyholder account balances related to the general account on
    these businesses. Interest earned approximates net investment
    income on invested assets attributed to these businesses with
    net adjustments for other non-policyholder elements. Interest
    credited approximates the amount recorded in interest credited
    to policyholder account balances. Interest credited to
    policyholder account balances is subject to contractual terms,
    including some minimum guarantees, and may reflect actions by
    management to respond to competitive pressures. Interest
    credited to policyholder account balances tends to move
    gradually over time to reflect market interest rate movements,
    subject to any minimum guarantees and, therefore, generally does
    not introduce volatility in expense.    
    Higher net investment income of $11 million, net of income
    tax, on blocks of business not driven by interest margins, due
    to growth in the average asset base.
    Lower expenses of $6 million, net of income tax, primarily
    due to lower compensation expense and a reduction in the current
    year of previously established legal liabilities.    Revenues
     27




---



##### Table of Contents



Expenses
          Insurance
    Regulations
      Adoption
    of New Accounting Pronouncements
  Income
    Taxes
  Accounting for Uncertainty in
    Income Taxes  An Interpretation of FASB Statement
    No. 109
 28




---



##### Table of Contents



2007-61, 2007-61
  Insurance
    Contracts
  05-1, Accounting by Insurance Enterprises for Deferred Acquisition
    Costs in Connection with Modifications or Exchanges of Insurance
    Contracts (SOP 05-1). SOP 05-1 Accounting and Reporting by Insurance Enterprises for Certain
    Long-Duration Contracts and for Realized Gains and Losses from
    the Sale of Investments. SOP 05-1 SOP 05-1 SOP 05-1. SOP 05-1.
  SOP 05-1
  SOP 05-1
  Other
  Accounting for Servicing of Financial
    Assets  an amendment of FASB Statement
    No. 140
  Future
    Adoption of New Accounting Pronouncements
  SOP 07-1, Clarification of the Scope of the Audit and Accounting Guide
    Investment Companies and Accounting by Parent Companies and
    Equity Method Investors for Investments in Investment
    Companies (SOP 07-1) SOP 07-1, FIN 46(r)-7, Application of FASB Interpretation No. 46 to Investment
    Companies
 29




---



##### Table of Contents



FIN 46(r)-7), Consolidation of
    Variable Interest Entities  An Interpretation of
    Accounting Research Bulletin No. 51, SOP 07-1 Investment
    Companies SOP 07-1 SOP 07-1 SOP 07-1 FIN 46(r)-7 SOP 07-1. SOP 07-1 FIN 46(r)-7
  No. FIN 39-1, Amendment of FASB Interpretation No. 39 (FSP 39-1). FSP 39-1 Offsetting of Amounts Related to
    Certain Contracts , FSP 39-1 FSP 39-1 FSP 39-1 FSP 39-1, FSP 39-1
  The
    Fair Value Option for Financial Assets and Financial Liabilities instrument-by-instrument
  Fair Value Measurements Accounting for
    Derivative Instruments and Hedging Activities and/or
  Item 4.
    Controls
    and Procedures  Rule 15d-15(e)
 30




---



##### Table of Contents



Rule 13a-15(f)
  Part II 
    Other Information
  Item 1.
    Legal
    Proceedings  Form 10-Q
 31




---



##### Table of Contents



Item 6.
    Exhibits  31
.1

Certification of President pursuant to Section 302 of the
    Sarbanes-Oxley Act of 200231
.2

Certification of Chief Financial Officer pursuant to
    Section 302 of the Sarbanes-Oxley Act of 200232
.1

Certification of President pursuant to Section 906 of the
    Sarbanes-Oxley Act of 200232
.2

Certification of Chief Financial Officer pursuant to
    Section 906 of the Sarbanes-Oxley Act of 2002  32




---



##### Table of Contents



Signatures
      By:
    /s/  Joseph
    J. Prochaska, Jr.   Title:
    Executive Vice-President and Chief Accounting Officer    33




---



##### Table of Contents



Exhibit Index
  ExhibitNumber

Exhibit Name31
.1

Certification of President pursuant to Section 302 of the
    Sarbanes-Oxley Act of 200231
.2

Certification of Chief Financial Officer pursuant to
    Section 302 of the Sarbanes-Oxley Act of 200232
.1

Certification of President pursuant to Section 906 of the
    Sarbanes-Oxley Act of 200232
.2

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