Exhibit 24.1

                               POWER OF ATTORNEY

          KNOW ALL MEN BY THESE PRESENTS, that the undersigned, on behalf of
Scottish Annuity & Life Holdings, Ltd., a Cayman Islands company (the
"Company"), hereby constitutes and appoints Michael C. French and Bruce Crozier,
and each of them, the true and lawful attorney or attorneys-in-fact, with full
power of substitution and resubstitution, for the Company, to sign on behalf of
the Company and on behalf of the undersigned in his or her capacity as an
officer and/or a director of the Company, the Company's Annual Report on Form
10-K for the year ended December 31, 1999, and to sign any or all amendments
thereto, and to file the same, with all exhibits thereto, and other documents in
connection therewith, to or with the Securities and Exchange Commission pursuant
to the Securities Exchange Act of 1934, as amended, and the regulations
promulgated thereunder, granting unto said attorney or attorneys-in-fact, and
each of them with or without the others, full power and authority to do and
perform each and every act and thing requisite and necessary to be done in and
about the premises in order to effectuate the same as fully to all intents and
purposes as the undersigned might or could in person, hereby ratifying and
confirming all that said attorney or attorneys-in-fact, or any of them or their
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

          IN WITNESS WHEREOF, I have executed this Power of Attorney as of
March ___, 2000.

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       Sam Wyly                 Michael Austin              R. Duke Buchan III

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William Caulfeild-Browne       Robert M. Chmely             Michael C. French


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   David S. Matthews          Charles J. Wyly, Jr.            Bruce Crozier