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                                                                     EXHIBIT 11





                      HARTFORD LIFE, INC. AND SUBSIDIARIES

         COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS
             TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
                                  (In millions)


<TABLE>
<CAPTION>
                                                                       1997        1996        1995         1994          1993
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<S>                                                                 <C>          <C>          <C>         <C>           <C>
   EARNINGS                                                         $   480      $      31    $   226     $    223      $    201
ADD:
FIXED CHARGES
   Interest expense                                                      58             55         35           29            25
   Interest factor attributable to rentals                                9              9          8            8             8
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   TOTAL FIXED CHARGES                                                   67             64         43           37            33
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EARNINGS, AS DEFINED                                                $   547      $      95    $   269     $    260      $    234
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FIXED CHARGES
   Fixed charges above                                              $    67      $      64    $    43     $     37      $     33
   Dividends on subsidiary preferred stock                                -              -          -            -             -
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TOTAL FIXED CHARGES AND PREFERRED DIVIDEND REQUIREMENTS             $    67      $      64    $    43     $     37      $     33
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RATIOS
   Earnings, as defined, to total fixed charges (1)                     8.2           1.5         6.3          7.0           7.1
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   Earnings, as defined, to total fixed charges and
      preferred dividend requirements                                   8.2           1.5         6.3          7.0           7.1
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>

(1)    The 1996 earnings to total fixed charges ratio, excluding charges of
       $348, before taxes, primarily related to the recognition of losses on
       Closed Book GRC, was 6.9.