Exhibit 12.1

MetLife, Inc.

Ratio of Earnings to Fixed Charges

	Years Ended December 31,
	2010			2009			2008		2007			2006
Income (loss) from continuing operations before provision for income tax	$	3,958		$	(4,334	)	$	5,059	$	5,778		$	3,941
Undistributed income and losses from investees		(424	)		1,473			784		(596	)		(169	)
Adjusted earnings before fixed charges (1)	$	3,534		$	(2,861	)	$	5,843	$	5,182		$	3,772
Add: fixed charges
Interest and debt issue costs (2)		1,565			1,083			1,157		1,117			900
Estimated interest component of rent expense		50			74			46		71			80
Interest credited to bank deposits		137			163			166		199			194
Interest credited to policyholder account balances		4,925			4,849			4,788		5,461			4,899
Total fixed charges	$	6,677		$	6,169		$	6,157	$	6,848		$	6,073
Preferred stock dividends		174			228			181		193			182
Total fixed charges plus preferred stock dividends	$	6,851		$	6,397		$	6,338	$	7,041		$	6,255
Total earnings and fixed charges	$	10,211		$	3,308		$	12,000	$	12,030		$	9,845
Ratio of earnings to fixed charges (1)		1.53			—			1.95		1.76			1.62
Total earnings including fixed charges and preferred stock dividends	$	10,385		$	3,536		$	12,181	$	12,223		$	10,027
Ratio of earnings to fixed charges and preferred stock dividends (1)		1.52			—			1.92		1.74			1.60

(1)	Earnings were insufficient to cover fixed charges at a 1:1 ratio by $2,861 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)	Interest costs include $411 million related to consolidated securitization entities for the year ended December 31, 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 1.56 and 1.55, respectively.

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