Exhibit 12.1

MetLife, Inc.

Ratio of Earnings to Fixed Charges

	Nine Months
	Ended September 30,						Years Ended December 31,
	2010			2009			2009			2008		2007			2006			2005
	(In millions, except ratios)
Income (loss) from continuing operations before provision for income tax	$	3,955		$	(4,512	)	$	(4,333	)	$	5,061	$	5,780		$	3,943		$	4,088
Undistributed income and losses from investees		(300	)		1,443			1,473			784		(596	)		(169	)		(106	)
Adjusted earnings before fixed charges(1)	$	3,655		$	(3,069	)	$	(2,860	)	$	5,845	$	5,184		$	3,774		$	3,982
Add: fixed charges
Interest and debt issue costs(2)		1,155			799			1,083			1,157		1,117			900			659
Estimated interest component of rent expense		29			37			74			46		71			80			68
Interest credited to bank deposits		108			120			163			166		199			194			109
Interest credited to policyholder account balances		3,458			3,655			4,849			4,788		5,461			4,899			3,650
Total fixed charges	$	4,750		$	4,611		$	6,169		$	6,157	$	6,848		$	6,073		$	4,486
Preferred stock dividends		134			156			228			181		193			182			88
Total fixed charges plus preferred stock dividends	$	4,884		$	4,767		$	6,397		$	6,338	$	7,041		$	6,255		$	4,574
Total earnings and fixed charges	$	8,405		$	1,542		$	3,309		$	12,002	$	12,032		$	9,847		$	8,468
Ratio of earnings to fixed charges(1)		1.77			—			—			1.95		1.76			1.62			1.89
Total earnings including fixed charges and preferred stock dividends	$	8,539		$	1,698		$	3,537		$	12,183	$	12,225		$	10,029		$	8,556
Ratio of earnings to fixed charges and preferred stock dividends(1)		1.75			—			—			1.92		1.74			1.60			1.87

(1)	Earnings were insufficient to cover fixed charges at a 1:1 ratio by $3,069 million and $2,860 million for the nine months ended September 30, 2009 and the year ended December 31, 2009, respectively, primarily due to increased net derivatives losses on freestanding derivatives.
(2)	Interest costs include $312 million related to variable interest entities for the nine months ended September 30, 2010. Excluding these costs would result in a ratio of earnings to fixed charges and ratio of earnings to fixed charges including preferred stock dividends of 1.82 and 1.80, respectively.