MetLife 2010 Annual Report Download - page 187

Information regarding the types of guarantees relating to annuity contracts and universal and variable life contracts is as follows:
In the
Event of Death At Annuitization In the Event of Death At Annuitization
2010 2009
December 31,
(In millions)
Annuity Contracts(1)
Return of Net Deposits
Separateaccountvalue........................ $ 55,753 $ 390 $ 41,125 N/A
Netamountatrisk(2).......................... $ 6,194(3) $ 289(4) $ 4,585(3) N/A
Averageattainedageofcontractholders ............. 62years 67years 62years N/A
Anniversary Contract Value or Minimum Return
Separateaccountvalue........................ $ 92,041 $ 55,668 $ 78,808 $ 40,234
Netamountatrisk(2).......................... $ 5,297(3) $ 6,373(4) $ 9,039(3) $ 7,361(4)
Averageattainedageofcontractholders ............. 62years 61years 61years 61years
Two Tier Annuities
Generalaccountvalue......................... N/A $ 280 N/A $ 282
Netamountatrisk(2).......................... N/A $ 49(5) N/A $ 50(5)
Averageattainedageofcontractholders ............. N/A 62years N/A 61years
Secondary
Guarantees Paid-Up Guarantees Secondary Guarantees Paid-Up Guarantees
2010 2009
December 31,
(In millions)
Universal and Variable Life Contracts(1)
Account value (general and separate account) . . . . . . . . . . . $ 11,015 $ 4,102 $ 9,483 $ 4,104
Net amount at risk(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . $156,432 (3) $ 26,851 (3) $150,905 (3) $ 28,826 (3)
Averageattainedageofpolicyholders ................ 52years 58years 52years 57years
(1) The Company’s annuity and life contracts with guarantees may offer more than one type of guarantee in each contract. Therefore, the
amounts listed above may not be mutually exclusive.
(2) The net amount at risk is based on the direct and assumed amount at risk (excluding ceded reinsurance).
(3) The net amount at risk for guarantees of amounts in the event of death is defined as the current GMDB in excess of the current account
balance at the balance sheet date.
(4) The net amount at risk for guarantees of amounts at annuitization is defined as the present value of the minimum guaranteed annuity
payments available to the contractholder determined in accordance with the terms of the contract in excess of the current account
balance.
(5) The net amount at risk for two tier annuities is based on the excess of the upper tier, adjusted for a profit margin, less the lower tier.
F-98 MetLife, Inc.
MetLife, Inc.
Notes to the Consolidated Financial Statements — (Continued)