<PAGE>   1
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 10-Q

         X        QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1999

                                       OR

                  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934

        FOR THE TRANSITION PERIOD FROM _______________ TO _______________



                         COMMISSION FILE NUMBER 33-58677


                     THE TRAVELERS LIFE AND ANNUITY COMPANY
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

        CONNECTICUT                                              06-0904249
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)

                  ONE TOWER SQUARE, HARTFORD, CONNECTICUT 06183
               (Address of principal executive offices) (Zip Code)

                                 (860) 277-0111
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.

                          Yes     X               No

As of the date hereof, there were outstanding 30,000 shares of common stock, par
value $100 per share, of the registrant, all of which were owned by The
Travelers Insurance Company, an indirect wholly owned subsidiary of Citigroup
Inc.


                            REDUCED DISCLOSURE FORMAT

The registrant meets the conditions set forth in General Instruction H(1)(a) and
(b) of Form 10-Q and is therefore filing this Form 10-Q with the reduced
disclosure format.
<PAGE>   2
                     THE TRAVELERS LIFE AND ANNUITY COMPANY


                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
PART I - FINANCIAL INFORMATION                                                                                       Page
                                                                                                                     ----
<S>                                                                                                                  <C>
ITEM 1.  FINANCIAL STATEMENTS

Condensed Statements of Income for the Three and
Nine Months Ended September 30, 1999 and 1998 (unaudited)..............................................................3

Condensed Balance Sheets as of September 30, 1999 (unaudited) and
December 31, 1998......................................................................................................4

Condensed Statements of Changes in Retained Earnings and
Accumulated Other Changes in Equity from Non-Owner Sources
for the Three and Nine Months Ended September 30, 1999 and 1998 (unaudited)............................................5

Condensed Statements of Cash Flows for the
Nine Months Ended September 30, 1999 and 1998 (unaudited)..............................................................6

Notes to Condensed Financial Statements (unaudited)....................................................................7

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS..........................................................................8



PART II - OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.............................................................................12



SIGNATURES............................................................................................................13
</TABLE>


                                       2
<PAGE>   3
                     THE TRAVELERS LIFE AND ANNUITY COMPANY

                         CONDENSED STATEMENTS OF INCOME
                                   (UNAUDITED)
                                ($ IN THOUSANDS)

<TABLE>
<CAPTION>
                                                         THREE MONTHS ENDED               NINE MONTHS ENDED
                                                            SEPTEMBER 30,                   SEPTEMBER 30,
--------------------------------------------------------------------------------------------------------------
                                                        1999             1998           1999           1998
                                                      --------        --------        --------        --------
<S>                                                   <C>             <C>              <C>           <C>
REVENUES
Premiums                                              $  6,542        $  5,459        $ 18,157        $ 17,989
Net investment income                                   46,444          44,266         133,523         126,047
Realized investment gains                                1,166           8,558           7,893          15,773
Fee income                                              13,815           4,980          32,778          11,768
Other revenues                                           2,491           3,693          11,620           8,464
                                                      --------        --------        --------        --------
     Total revenues                                     70,458          66,956         203,971         180,041
                                                      --------        --------        --------        --------

BENEFITS AND EXPENSES
Current and future insurance benefits                   18,910          19,786          60,478          60,958
Interest credited to contractholders                    14,381          13,275          40,512          37,637
Amortization of deferred acquisition costs and
   operating expenses                                    7,298           2,497          21,483          16,601
                                                      --------        --------        --------        --------
     Total benefits and expenses                        40,589          35,558         122,473         115,196
                                                      --------        --------        --------        --------

Income before federal income taxes                      29,869          31,398          81,498          64,845
                                                      --------        --------        --------        --------

Federal income taxes                                    10,382          10,861          28,425          22,541
                                                      --------        --------        --------        --------

Net income                                            $ 19,487        $ 20,537        $ 53,073        $ 42,304
                                                      ========        ========        ========        ========
</TABLE>


                  See Notes to Condensed Financial Statements.

                                        3
<PAGE>   4
                     THE TRAVELERS LIFE AND ANNUITY COMPANY

                            CONDENSED BALANCE SHEETS
                                ($ IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                             SEPTEMBER 30, 1999     DECEMBER 31,
                                                                                (UNAUDITED)            1998
                                                                                -----------         -----------
<S>                                                                          <C>                    <C>
ASSETS
Investments                                                                     $ 2,217,601         $ 2,302,229
Separate accounts                                                                 3,655,477           2,178,474
Deferred acquisition costs                                                          307,404             177,808
Other assets                                                                        156,541              85,993
                                                                                -----------         -----------
     Total assets                                                               $ 6,337,023         $ 4,744,504
                                                                                -----------         -----------

LIABILITIES
Future policy benefits                                                          $   952,706         $   963,171
Contractholder funds                                                              1,083,390             947,411
Separate accounts                                                                 3,655,477           2,178,474
Other liabilities                                                                   157,619             114,690
                                                                                -----------         -----------
     Total liabilities                                                            5,849,192           4,203,746
                                                                                -----------         -----------

SHAREHOLDER'S EQUITY
Common stock, par value $100; 100,000 shares authorized,
     30,000 issued and outstanding                                                    3,000               3,000
Additional paid-in capital                                                          167,316             167,314
Retained earnings                                                                   335,628             282,555
Accumulated other changes in equity from non-owner sources                          (18,113)             87,889
                                                                                -----------         -----------
     Total shareholder's equity                                                     487,831             540,758
                                                                                -----------         -----------

     Total liabilities and shareholder's equity                                 $ 6,337,023         $ 4,744,504
                                                                                ===========         ===========
</TABLE>


                  See Notes to Condensed Financial Statements.


                                       4
<PAGE>   5
                     THE TRAVELERS LIFE AND ANNUITY COMPANY
            CONDENSED STATEMENTS OF CHANGES IN RETAINED EARNINGS AND
           ACCUMULATED OTHER CHANGES IN EQUITY FROM NON-OWNER SOURCES
                                   (UNAUDITED)
                                ($ IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                        THREE MONTHS ENDED                  NINE MONTHS ENDED
                                                                           SEPTEMBER 30,                      SEPTEMBER 30,
--------------------------------------------------------------------------------------------------------------------------------
STATEMENTS OF CHANGES IN  RETAINED EARNINGS                            1999              1998             1999              1998
--------------------------------------------------------------------------------------------------------------------------------
<S>                                                               <C>               <C>              <C>               <C>
Balance, beginning of period                                      $ 316,141         $ 246,837        $ 282,555         $ 225,070
Net income                                                           19,487            20,537           53,073            42,304
                                                                  ---------         ---------        ---------         ---------
Balance, end of period                                            $ 335,628         $ 267,374        $ 335,628         $ 267,374
                                                                  =========         =========        =========         =========

--------------------------------------------------------------------------------------------------------------------------------
STATEMENTS OF ACCUMULATED OTHER CHANGES
IN EQUITY FROM NON-OWNER SOURCES
--------------------------------------------------------------------------------------------------------------------------------

Balance, beginning of period                                      $   2,645         $  88,375        $  87,889         $  70,277
Unrealized gains (losses), net of tax                               (20,758)           27,746         (106,002)           45,844
                                                                  ---------         ---------        ---------         ---------
Balance, end of period                                            $ (18,113)        $ 116,121        $ (18,113)        $ 116,121
                                                                  =========         =========        =========         =========

--------------------------------------------------------------------------------------------------------------------------------
SUMMARY OF CHANGES IN EQUITY
FROM NON-OWNER SOURCES
--------------------------------------------------------------------------------------------------------------------------------

Net income                                                        $  19,487         $  20,537        $  53,073         $  42,304
Other changes in equity from
     Non-owner sources                                              (20,758)           27,746         (106,002)           45,844
                                                                  ---------         ---------        ---------         ---------
Total changes in equity from
Non-owner sources                                                 $  (1,271)        $  48,283        $ (52,929)        $  88,148
                                                                  =========         =========        =========         =========
</TABLE>


                  See Notes to Condensed Financial Statements.


                                       5
<PAGE>   6
                     THE TRAVELERS LIFE AND ANNUITY COMPANY
                       CONDENSED STATEMENTS OF CASH FLOWS
                           INCREASE (DECREASE) IN CASH
                                   (UNAUDITED)
                                ($ IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                      NINE MONTHS ENDED
                                                                        SEPTEMBER 30,
                                                                   1999              1998
                                                                 ---------         ---------
<S>                                                              <C>               <C>
NET CASH USED IN OPERATING ACTIVITIES                            $(118,714)        $  (8,440)
                                                                 ---------         ---------

CASH FLOWS FROM INVESTING ACTIVITIES
     Proceeds from maturities of investments
         Fixed maturities                                          169,354            80,619
         Mortgage loans                                             22,811            22,477
     Proceeds from sales of investments
         Fixed maturities                                          522,952           559,939
         Equity securities                                           2,387             6,449
     Purchases of investments
         Fixed maturities                                         (775,665)         (768,359)
         Equity securities                                          (9,577)          (13,322)
         Mortgage loans                                             (7,581)          (18,305)
     Policy loans                                                   (4,683)           (1,636)
     Short-term securities (purchases) sales, net                   51,252           (82,680)
     Other investment purchases, net                               (13,065)            3,632
     Securities transactions in course of settlement, net           26,610           100,131
                                                                 ---------         ---------
     Net cash used in investing activities                         (15,205)         (111,055)
                                                                 ---------         ---------
CASH FLOWS FROM FINANCING ACTIVITIES
     Contractholder fund deposits                                  188,154           175,924
     Contractholder fund withdrawals                               (52,176)          (57,975)
                                                                 ---------         ---------
     Net cash provided by financing activities                     135,978           117,949
                                                                 ---------         ---------

Net increase (decrease) in cash                                      2,059            (1,546)

Cash at beginning of period                                            624             1,563
                                                                 ---------         ---------
Cash at end of period                                            $   2,683         $      17
                                                                 ---------         ---------

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
     Income taxes paid                                           $  24,726         $  25,959
                                                                 =========         =========
</TABLE>



                  See Notes to Condensed Financial Statements.


                                       6
<PAGE>   7
                     THE TRAVELERS LIFE AND ANNUITY COMPANY
               NOTES TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)



1.   BASIS OF PRESENTATION

     The interim financial statements of The Travelers Life and Annuity Company
     (the Company), a wholly owned subsidiary of The Travelers Insurance Company
     (TIC), an indirect wholly owned subsidiary of Citigroup Inc. (Citigroup),
     have been prepared in conformity with generally accepted accounting
     principles (GAAP) and are unaudited. In the opinion of management, the
     interim financial statements reflect all adjustments necessary (all of
     which were normal recurring adjustments) for a fair presentation of results
     for the periods reported. The accompanying condensed financial statements
     should be read in conjunction with the financial statements and related
     notes included in the Company's Form 10-K for the year ended December 31,
     1998.

     Certain financial information that is normally included in financial
     statements prepared in accordance with GAAP but is not required for interim
     reporting purposes has been condensed or omitted.

     Certain prior year amounts have been reclassified to conform with the
     current year's presentation.

     ACCOUNTING CHANGES

     In January 1999, the Company adopted Statement of Position 97-3,
     "Accounting by Insurance and Other Enterprises for Insurance-Related
     Assessments" (SOP 97-3). SOP 97-3 provides guidance for determining when an
     entity should recognize a liability for guaranty-fund and other
     insurance-related assessments, how to measure that liability, and when an
     asset may be recognized for the recovery of such assessments through
     premium tax offsets or policy surcharges. The adoption of this SOP had no
     impact on the Company's financial condition, results of operations or
     liquidity.

     FUTURE APPLICATION OF ACCOUNTING STANDARDS

     In June 1998, the Financial Accounting Standards Board (FASB) issued
     Statement of Financial Accounting Standards No. 133, "Accounting for
     Derivative Instruments and Hedging Activities" (FAS 133). This statement
     establishes accounting and reporting standards for derivative instruments,
     including certain derivative instruments embedded in other contracts,
     (collectively referred to as derivatives) and for hedging activities. It
     requires that an entity recognize all derivatives as either assets or
     liabilities in the balance sheet and measure those instruments at fair
     value. If certain conditions are met, a derivative may be specifically
     designated as (a) a hedge of the exposure to changes in the fair value of a
     recognized asset or liability or an unrecognized firm commitment, (b) a
     hedge of the exposure to variable cash flows of a forecasted transaction,
     or (c) a hedge of the foreign currency exposure of a net investment in a
     foreign operation, an unrecognized firm commitment, an available-for-sale
     security, or a foreign-currency-denominated forecasted transaction. The
     accounting for changes in the fair value of a derivative (that is, gains
     and losses) depends on the intended use of the derivative and the resulting
     designation. Upon initial application of FAS 133, hedging relationships
     must be designated anew and documented pursuant to the provisions of this
     statement. FAS 133 was to be effective for all fiscal quarters of fiscal
     years beginning after June 15, 1999. However, in June 1999 the FASB issued
     Statement of Financial Standards No. 137, "Deferral of the Effective Date
     of FASB Statement No. 133" (FAS 137) which allows entities that have not
     adopted FAS 133 to defer its effective date to all fiscal quarters of all
     fiscal years beginning after June 15, 2000. The Company expects to adopt
     the deferral provisions of FAS 137 and has not yet determined the impact
     that FAS 133 will have on its consolidated financial statements.


                                       7
<PAGE>   8
                     THE TRAVELERS LIFE AND ANNUITY COMPANY
               NOTES TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)
                                   (CONTINUED)



2.   SHAREHOLDER'S EQUITY

     Statutory capital and surplus of the Company was $328.2 million at December
     31, 1998. The Company is currently subject to various regulatory
     restrictions that limit the maximum amount of dividends available to be
     paid to its parent without prior approval of insurance regulatory
     authorities. Statutory surplus of $32.8 million is available in 1999 for
     dividend payments by the Company without prior approval of the Connecticut
     Insurance Department. The Company did not pay any dividends to its parent
     during the nine months ended September 30, 1999 and 1998.


3.   COMMITMENTS AND CONTINGENCIES

     The Company is a defendant in various litigation matters in the normal
     course of business. Although there can be no assurances, as of September
     30, 1999, the Company believes, based on information currently available,
     that the ultimate resolution of these legal proceedings would not be likely
     to have a material adverse effect on its results of operations, financial
     condition or liquidity. This statement is a forward-looking statement
     within the meaning of the Private Securities Litigation Reform Act. See
     "Forward-Looking Statements" on page 11.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

Management's narrative analysis of the results of operations is presented in
lieu of Management's Discussion and Analysis of Financial Condition and Results
of Operations, pursuant to General Instruction H(2)(a) of Form 10-Q.

RESULTS OF OPERATIONS ($ in millions)

<TABLE>
<CAPTION>
FOR THE NINE MONTHS ENDED SEPTEMBER 30,                                 1999                 1998
                                                                        ----                 ----
<S>                                                                   <C>                  <C>
Revenues (1)                                                          $204.0               $180.0
                                                                      ------               ------

Net income (2)                                                         $53.1                $42.3
                                                                       =====                =====
</TABLE>

--------------------------

(1)  Revenues include pre-tax investment portfolio gains of $7.9 million and
     $15.8 million in 1999 and 1998, respectively.

(2)  Net income includes $5.1 million and $10.3 million of reported
     after-tax investment portfolio gains in 1999 and 1998, respectively.

The Travelers Life and Annuity Company (the Company) offers fixed and variable
deferred annuities and individual life insurance to individuals and small
businesses. These products are marketed primarily through the Financial
Consultants of Salomon Smith Barney Inc., an affiliate of the Company, and a
nationwide network of independent agents. During 1998 and 1999, Copeland
Companies (Copeland), Primerica Financial Services (Primerica) and Citibank,
affiliates of the Company, also began marketing these products. The majority of
the annuity business and a substantial portion of the individual life business
written by the Company is accounted for as investment contracts, with the result
that the deposits collected from contractholders are reported as liabilities and
are not included in revenues.


                                       8
<PAGE>   9
                     THE TRAVELERS LIFE AND ANNUITY COMPANY



The Company has reserves related to structured settlement contracts that provide
guarantees for the contractholders independent of the investment performance of
the assets held in the related separate account. The assets held in this
separate account are owned by the Company and contractholders do not share in
their investment performance. The assets and liabilities of this separate
account are included in investments, future policy benefits and contractholder
funds for financial reporting purposes. These contracts were purchased by the
insurance subsidiaries of Travelers Property Casualty Corp. (TAP), an affiliate
of the Company, in connection with the settlement of certain of their
policyholder obligations. Effective April 1, 1998, all new structured settlement
contracts have been written by TIC.

The Company offers a variety of variable annuity products where the investment
risk is borne by the contractholder, not the Company, and the majority of
benefits are not guaranteed. The premiums and deposits related to these products
are reported in separate accounts. The Company considers it necessary to
differentiate, for financial statement purposes, the results of the risks it has
assumed from those it has not.

Operating earnings for the nine months ended September 30, 1999 were $48.0
million compared with $32.0 million for the prior year period. This increase was
primarily driven by business volume. The impact of this volume growth is
reflected in net investment income and fee income in both the deferred annuity
and universal life businesses.


PREMIUMS AND DEPOSITS ($ in millions)

<TABLE>
<CAPTION>
FOR THE NINE MONTHS ENDED SEPTEMBER 30,           1999          1998
                                                 ------        ------
<S>                                              <C>           <C>
Deferred Annuities                               $1,650        $  767
Universal Life                                       83            63
Traditional Life                                     17            12
Structured Settlements                             --               9
                                                 ------        ------
                                    Total        $1,750        $  851
                                                 ======        ======
</TABLE>

The substantial increase in deferred annuity deposits is primarily attributable
to the introduction of the Company's products into the Primerica distribution
channel, $572 million in 1999 compared with $88 million in 1998, and to strong
introductory sales from Citibank and Copeland affiliates of the Company. The
structured settlement decrease reflects a change in Company policy that all new
structured settlements be sold by TIC.

Account balances, which included policyholder benefit reserves, contractholder
funds and separate account reserves totaled $5.7 billion at September 30, 1999,
up from $3.4 billion at September 30, 1998, primarily as a result of growth in
the variable annuity separate account business.


                                       9
<PAGE>   10
                     THE TRAVELERS LIFE AND ANNUITY COMPANY



MERGER

On October 8, 1998, Citicorp merged with and into a newly formed, wholly owned
subsidiary of Travelers Group Inc. (Travelers Group) (the Merger) and
subsequently, Travelers Group changed its name to Citigroup Inc.

Upon consummation of the Merger, Citigroup became a bank holding company subject
to the provisions of the Bank Holding Company Act of 1956 (the BHCA). The BHCA
precludes a bank holding company and its affiliates from engaging in certain
activities, generally including insurance underwriting. Under the BHCA in its
current form, Citigroup has two years from the date it became a bank holding
company to comply with all applicable provisions.

On November 12, 1999, President Clinton signed into law the Gramm-Leach-Bliley
Act (the "Act"), which will become effective in most significant respects 120
days after enactment. Under the Act, bank holding companies, such as Citigroup,
all of whose depository institutions are "well capitalized" and "well managed"
(as defined in the BHCA) and which obtain satisfactory Community Reinvestment
Act ratings, and their affiliates will have the ability to engage in a broader
spectrum of activities than those currently permitted, including insurance
underwriting and brokerage. Citigroup and its affiliates (including the Company)
will be permitted to continue to operate their insurance businesses as currently
structured and, if they so determined, to expand those businesses through
acquisition or otherwise. Citigroup and its affiliates (including the Company)
will also have increased ability to make investments in companies engaged in
non-financial activities.


INSURANCE REGULATIONS

Risk-based capital requirements are used as minimum capital requirements by the
National Association of Insurance Commissioners and the states to identify
companies that merit further regulatory action. At September 30, 1999, the
Company had adjusted capital in excess of amounts requiring any regulatory
action.

The Company is subject to various regulatory restrictions that limit the maximum
amount of dividends available to be paid to its parent without prior approval of
insurance regulatory authorities in the state of domicile. The maximum amount of
dividends available to be paid to the Company's shareholder in 1999 without
prior approval of the Connecticut Insurance Department is $32.8 million. The
Company did not pay any dividends to its parent during the nine months ended
September 30, 1999 and 1998.


YEAR 2000

The Company is highly dependent on computer systems and systems applications for
conducting its ongoing business functions. In 1996, TIC and its subsidiaries,
including the Company, began the process of identifying, assessing and
implementing changes to computer programs to address the Year 2000 issue. The
issue involves the ability of computer systems that have time sensitive programs
to recognize properly the Year 2000. The inability to do so could result in
major failures or miscalculations that would disrupt the Company's ability to
meet its customer and other obligations on a timely basis.


                                       10
<PAGE>   11
                     THE TRAVELERS LIFE AND ANNUITY COMPANY



The Company has achieved compliance with respect to its business critical
systems in accordance with its Year 2000 plan and has completed the process of
certification to validate compliance. An ongoing re-certification process will
continue through fourth quarter 1999 to ensure all business critical systems and
products remain compliant.

The total cost associated with the required modifications and conversions is
being expensed as incurred in the period 1996 through 1999. The Company also has
third party customers, financial institutions, vendors and others with whom it
conducts business and has confirmed their plans to address and resolve Year 2000
issues on a timely basis. While it is likely that these efforts by third party
vendors and customers will be successful, it is possible that a series of
failures by third parties could have a material adverse effect on the Company's
results of operations in future periods.

In addition, the Company has developed business resumption contingency plans to
address perceived risks associated with the Year 2000 effort. These plans
address the possibility of internal systems failures and the possibility of
failure of systems or processes outside the Company's control. These business
resumption contingency plans would enable business critical units to function
January 1, 2000 in the event of an unexpected failure. Preparations for the
management of the date change will continue through 1999.

Certain information contained in the foregoing paragraphs constitutes
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act. See "Forward-Looking Statements" below.


FUTURE APPLICATIONS OF ACCOUNTING STANDARDS

See Note 1 of Notes to Condensed Financial Statements for Future Application of
Accounting Standards.


FORWARD-LOOKING STATEMENTS

Certain of the statements contained herein that are not historical facts are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act. The Company's actual results may differ materially from
those included in the forward-looking statements. Forward-looking statements are
typically identified by the words "believe," "expect," "anticipate," "intend,"
"estimate," "may increase," "may fluctuate," and similar expressions, or future
or conditional verbs such as "will," "should," "would," and "could." These
forward-looking statements involve risks and uncertainties including, but not
limited to, the resolution of legal proceedings, the conduct of the Company's
business following the Merger and the ability of the Company and third party
vendors to modify computer systems for the Year 2000 data conversion in a timely
manner.


                                       11
<PAGE>   12
                     THE TRAVELERS LIFE AND ANNUITY COMPANY

                           PART II - OTHER INFORMATION


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(A)  EXHIBITS.

<TABLE>
<CAPTION>
    EXHIBIT NO.      DESCRIPTION
    -----------      -----------
<S>                  <C>
         3.01        Charter of The Travelers Life and Annuity Company (the
                     "Company"), as amended on April 10, 1990, incorporated
                     herein by reference to Exhibit 6(a) to the Registration
                     Statement on Form N-4, File No. 33-58131, filed on March
                     17, 1995.

         3.02        By-laws of the Company, as amended on October 20, 1994,
                     incorporated herein by reference to Exhibit 6(b) to the
                     Registration Statement on Form N-4, File No.
                     33-58131, filed on March 17, 1995.

       27.01+        Financial Data Schedule
</TABLE>
------------------
+  Filed herewith.

(b)  REPORTS ON FORM 8-K.

None.


                                       12
<PAGE>   13
                     THE TRAVELERS LIFE AND ANNUITY COMPANY



                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                        THE TRAVELERS LIFE AND ANNUITY COMPANY
                                                                 (Registrant)


Date  November 12, 1999                 /s/ Jay S. Benet
      -----------------                 --------------------------------------
                                        Jay S. Benet
                                        Senior Vice President,
                                        Chief Financial Officer and
                                        Chief Accounting Officer
                                        (Principal Financial Officer)


                                       13