Exhibit 12.1

MetLife, Inc.
Ratio of Earnings to Fixed Charges

	Years Ended December 31,
	2009			2008		2007			2006			2005
	(In millions, except ratios)
Income (loss) from continuing operations before provision for income tax	$	(4,333	)	$	5,061	$	5,780		$	3,943		$	4,088
Undistributed income and losses from investees		1,473			784		(596	)		(169	)		(106	)
Adjusted earnings before fixed charges (1)	$	(2,860	)	$	5,845	$	5,184		$	3,774		$	3,982
Add: fixed charges
Interest and debt issue costs		1,083			1,157		1,117			900			659
Estimated interest component of rent expense (2)		74			46		71			80			68
Interest credited to bank deposits		163			166		199			194			109
Interest credited to policyholder account balances		4,849			4,788		5,461			4,899			3,650
Total fixed charges	$	6,169		$	6,157	$	6,848		$	6,073		$	4,486
Preferred stock dividends		228			181		193			182			88
Total fixed charges plus preferred stock dividends	$	6,397		$	6,338	$	7,041		$	6,255		$	4,574
Total earnings and fixed charges	$	3,309		$	12,002	$	12,032		$	9,847		$	8,468
Ratio of earnings to fixed charges (1)		—			1.95		1.76			1.62			1.89
Total earnings including fixed charges and preferred stock dividends	$	3,537		$	12,183	$	12,225		$	10,029		$	8,556
Ratio of earnings to fixed charges and preferred stock dividends (1)		—			1.92		1.74			1.60			1.87

(1)	Earnings were insufficient to cover fixed charges by $2,860 million for the year ended December 31, 2009, primarily due to increased net investment losses on freestanding derivatives, partially offset by gains on embedded derivatives.
(2)	15.48% for the year ended December 31, 2009, 9.66% for the year ended December 31, 2008, 18.93% for the year ended December 31, 2007 and 23.10% for the years ended December 31, 2006 and 2005.