Exhibit 12

Genworth Life and Annuity Insurance Company

Statement of Ratio of Income to Fixed Charges

(Dollar amounts in millions)



|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|---------------------------------------------------------------------------------------------- |  | ------------------------ | ----- | ---- | - | ----- |  | ---- | ----- | ---- | - | ----- |  | - | ------
|                                                                                               |  | Years ended December 31,
|                                                                                               |  | 2006                     |       | 2005 |   | 2004  |  | 2003 |       | 2002
|Income before income taxes and accounting changes                                              |  | $                        | 119.4 |      | $ | 54.8  |  | $    | 55.4  |      | $ | 16.6  |  | $ | 158.7 
|Fixed charges:                                                                                 |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Interest expense                                                                               |  |                          |      |      |   | 0.2   |  |      | 0.1   |      |   | 0.1   |  |   | 0.1   
|Interest portion of rental expense                                                             |  |                          | 1.3   |      |   | 1.1   |  |      | 0.5   |      |   | 1.0   |  |   | 1.0   
|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Subtotal                                                                                       |  |                          | 1.3   |      |   | 1.3   |  |      | 0.6   |      |   | 1.1   |  |   | 1.1   
|Interest credited to investment contractholders                                                |  |                          | 318.2 |      |   | 269.1 |  |      | 291.2 |      |   | 410.6 |  |   | 462.1 
|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Total fixed charges                                                                            |  |                          | 319.5 |      |   | 270.4 |  |      | 291.8 |      |   | 411.7 |  |   | 463.2 
|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Income available for fixed charges (including interest credited to investment contractholders) |  | $                        | 438.9 |      | $ | 325.2 |  | $    | 347.2 |      | $ | 428.3 |  | $ | 621.9 
|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Income available for fixed charges (excluding interest credited to investment contractholders) |  | $                        | 120.7 |      | $ | 56.1  |  | $    | 56.0  |      | $ | 17.7  |  | $ | 159.8 
|                                                                                               |  |                          |       |      |   |       |  |      |       |      |   |       |  |   |       
|Ratio of income to fixed charges (including interest credited to investment contractholders)   |  |                          | 1.37  |      |   | 1.20  |  |      | 1.19  |      |   | 1.04  |  |   | 1.34  
|Ratio of income to fixed charges (excluding interest credited to investment contractholders)   |  |                          | 92.85 |      |   | 43.15 |  |      | 93.33 |      |   | 16.09 |  |   | 145.27