FBL Financial Group, Inc.Exhibit 12-Statement Re: Computation of RatiosRatio of Earnings to Fixed ChargesFor the year ended December 31,2009
                  
                  2008
                  
                  2007
                  
                  2006
                  
                  2005(Dollars in thousands)EarningsPre-tax earnings (loss) from continuing operations
                  
                  $
                  102,161
                  
                  
                  $
                  (31,878
                  )
                  
                  $
                  125,806
                  
                  
                  $
                  133,488
                  
                  
                  $
                  108,563Less: Noncontrolling interest
                  
                  143
                  
                  
                  71
                  
                  
                  49
                  
                  
                  (126
                  )
                  
                  (159
                  )Add: Distributed income from equity investees
                  
                  331
                  
                  
                  337
                  
                  
                  438
                  
                  
                  2,021
                  
                  
                  1,107102,635
                  
                  
                  (31,470
                  )
                  
                  126,293
                  
                  
                  135,383
                  
                  
                  109,511Fixed charges
                  
                  370,229
                  
                  
                  353,209
                  
                  
                  422,951
                  
                  
                  296,074
                  
                  
                  253,607Less: Capitalized bonus interest
                  
                  (4,219
                  )
                  
                  (7,095
                  )
                  
                  (9,636
                  )
                  
                  (3,886
                  )
                  
                  (1,233
                  )Less: Tax gross up on preferred stock
                  
                  —
                  
                  
                  —
                  
                  
                  —
                  
                  
                  —
                  
                  
                  (805
                  )Add: Amortization of capitalized interest
                  
                  10,847
                  
                  
                  4,141
                  
                  
                  6,255
                  
                  
                  5,985
                  
                  
                  5,461Total earnings
                  
                  $
                  479,492
                  
                  
                  $
                  318,785
                  
                  
                  $
                  545,863
                  
                  
                  $
                  433,556
                  
                  
                  $
                  366,541Fixed chargesInterest credited to contract holders
                  
                  $
                  339,498
                  
                  
                  $
                  325,313
                  
                  
                  $
                  395,392
                  
                  
                  $
                  279,257
                  
                  
                  $
                  236,561Capitalized bonus interest credited to contract holders
                  
                  4,219
                  
                  
                  7,095
                  
                  
                  9,636
                  
                  
                  3,886
                  
                  
                  1,233Interest expense on debt
                  
                  25,280
                  
                  
                  19,567
                  
                  
                  16,666
                  
                  
                  11,744
                  
                  
                  13,590Tax gross up on preferred stock
                  
                  —
                  
                  
                  —
                  
                  
                  —
                  
                  
                  —
                  
                  
                  805Estimate of interest within rental expense
                  
                  1,232
                  
                  
                  1,234
                  
                  
                  1,257
                  
                  
                  1,187
                  
                  
                  1,418Total fixed charges
                  
                  $
                  370,229
                  
                  
                  $
                  353,209
                  
                  
                  $
                  422,951
                  
                  
                  $
                  296,074
                  
                  
                  $
                  253,607Ratio of earnings to fixed charges
                  
                  1.30
                  
                  
                  0.90
                  
                  
                  1.29
                  
                  
                  1.46
                  
                  
                  1.45Earnings deficiency
                  
                  —
                  
                  
                  $
                  (34,424
                  )
                  
                  —
                  
                  
                  —
                  
                  
                  —