Information current at December 31, 2006 ============================================================ ================== Company Jurisdiction of Incorporation ============================================================ ================== Scottish Re Group Limited Cayman Islands - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ The Scottish Annuity Company (Cayman) Ltd. Cayman Islands - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Annuity & Life Insurance Company (Cayman) Ltd. Cayman Islands - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Annuity & Life Holdings (Bermuda) Limited Bermuda - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Annuity & Life Insurance Company (Bermuda) Limited Bermuda - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Annuity & Life International Insurance Company Bermuda (Bermuda) Ltd. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re Life (Bermuda) Limited Bermuda - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Holdings (Barbados) Ltd. Barbados - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re (Dublin) Limited Ireland - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Reinsurance Intermediaries (Canada) Inc. Canada - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ SRGL Vermogensverwaltungs GmbH Germany - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re Holdings Limited England / Wales - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re Limited England / Wales - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re PCC Limited Guernsey - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Tartan Holdings (U.K.) Limited England / Wales - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Tartan Financial (U.K.) England / Wales - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ World-Wide Life Assurance S.A. Luxembourg - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Financial (Luxembourg) S.a.r.l. Luxembourg - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Holdings, Inc. Delaware, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re Capital Markets, Inc. Delaware, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re (U.S.), Inc. Delaware, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Re Life Corporation Delaware, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Scottish Solutions LLC North Carolina, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Orkney Holdings, LLC Delaware, U.S. - ------------------------------------------------------------ ------------------ - ------------------------------------------------------------ ------------------ Orkney Re, Inc. South Carolina, U.S. ============================================================ ==================