Exhibit 12

Exhibit 12

Genworth Financial, Inc.

Computation Of Ratio Of Earnings To Fixed Charges

(Dollar amounts in millions)


	Nine months ended September 30, 2004		Year ended
	Nine months ended September 30, 2004		December 31, 2003		December 31, 2002		December 31, 2001		December 31, 2000		December 31, 1999
Net earnings from continuing operations before income taxes and accounting changes	$	1,223	$	1,382	$	1,791	$	1,821	$	1,851	$	1,589
Fixed charges included in earnings from continuing operations:
Interest expense		154		140		124		126		126		78
Interest portion of rental expense		11		23		25		23		25		24
Interest credited to contractholders		1,088		1,624		1,645		1,620		1,456		1,290

Subtotal		1,253		1,787		1,794		1,769		1,607		1,392
Fixed charges included in earnings from discontinued operations:
Interest expense		—		12		16		15		17		17
Interest portion of rental expense		—		8		12		12		12		9
Interest credited to contractholders		—		68		79		51		41		6

Subtotal		—		88		107		78		70		32
Total fixed charges		1,253		1,875		1,901		1,847		1,677		1,424

Earnings available for fixed charges (including interest credited to contractholders)	$	2,476	$	3,257	$	3,692	$	3,668	$	3,528	$	3,013

Ratio of earnings to fixed charges (including interest credited to contractholders)⁽¹⁾		1.98		1.74		1.94		1.99		2.10		2.12

⁽¹⁾

For purposes of determining this ratio, earnings consist of earnings from continuing operations before taxes and accounting changes plus fixed charges from continuing and discontinued operations. Fixed charges consist of (a) interest expense on short-term and long-term borrowings; (b) interest credited to contractholders on annuities and financial products; and (c) the portion of operating leases that are representative of the interest factor.