Exhibit 12

Genworth Life and Annuity Insurance Company

Statement of Ratio of Income to Fixed Charges

(Dollar amounts in millions)



|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|---------------------------------------------------------------------------------------------- |  | ------------------------ | ------ | - | ---- | - | ------- |  | ---- | ------- | ---- | - | ----- |  | - | -----
|                                                                                               |  | Years ended December 31,
|                                                                                               |  | 2008                     |        |   | 2007 |   | 2006    |  | 2005 |         | 2004
|Income (loss) before income taxes and equity in net income (loss) of subsidiary                |  | $                        | (584.0 | ) |      | $ | 405.9   |  | $    | 548.0   |      | $ | 418.5 |  | $ | 367.3
|Fixed charges:                                                                                 |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Interest expense(1)                                                                            |  |                          | 168.1  |   |      |   | 205.1   |  |      | 134.0   |      |   | 48.7  |  |   | 24.5 
|Interest portion of rental expense                                                             |  |                          | 4.0    |   |      |   | 3.5     |  |      | 2.9     |      |   | 2.6   |  |   | 2.5  
|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Subtotal                                                                                       |  |                          | 172.1  |   |      |   | 208.6   |  |      | 136.9   |      |   | 51.3  |  |   | 27.0 
|Interest credited to investment contractholders                                                |  |                          | 450.7  |   |      |   | 541.3   |  |      | 496.7   |      |   | 456.0 |  |   | 487.0
|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Total fixed charges                                                                            |  |                          | 622.8  |   |      |   | 749.9   |  |      | 633.6   |      |   | 507.3 |  |   | 514.0
|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Income available for fixed charges (including interest credited to investment contractholders) |  | $                        | 38.8   |   |      | $ | 1,155.8 |  | $    | 1,181.6 |      | $ | 925.8 |  | $ | 881.3
|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Income available for fixed charges (excluding interest credited to investment contractholders) |  | $                        | (411.9 | ) |      | $ | 614.5   |  | $    | 684.9   |      | $ | 469.8 |  | $ | 394.3
|                                                                                               |  |                          |        |   |      |   |         |  |      |         |      |   |       |  |   |      
|Ratio of income to fixed charges (including interest credited to investment contractholders)   |  |                          | 0.06   |   |      |   | 1.54    |  |      | 1.87    |      |   | 1.82  |  |   | 1.71 
|Ratio of income to fixed charges (excluding interest credited to investment contractholders)   |  |                          | (2.39  | ) |      |   | 2.95    |  |      | 5.00    |      |   | 9.17  |  |   | 14.61



|(1) | Interest expense primarily relates to interest on our non-recourse funding obligations as further described in note 10
of our consolidated financial statements in Item 8Financial Statements and Supplementary Data.
|--- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

For the
year ended December 31, 2008, additional income required to achieve a 1:1 ratio coverage was $584.0 million.