| Level 1 |
Unadjusted quoted prices in active markets for identical assets or liabilities. The Company defines active markets based on average trading volume for equity securities. The size of the bid/ask spread is used as an indicator of market activity for fixed maturity securities. | |||
| Level 2 |
Quoted prices in markets that are not active or inputs that are observable either directly or indirectly. These inputs can include quoted prices for similar assets or liabilities other than quoted prices in Level 1, quoted prices in markets that are not active, or other significant inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. | |||
| Level 3 |
Unobservable inputs that are supported by little or no market activity and are significant to the estimated fair value of the assets or liabilities. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability. | |||
| Other securities – FVO general account securities |
$ | 2 | $ | — | $ | 1 | ||||||
| Other securities – FVO contractholder-directed unit-linked investments |
$ | (11 | ) | $ | 121 | $ | 89 |
| METLIFE INSURANCE COMPANY OF CONNECTICUT
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| By: |
/s/ Michael K. Farrell | |
| Name: Michael K. Farrell | ||
| Title: Chairman of the Board, President | ||
| and Chief Executive Officer | ||