<Page> EXHIBIT 21.1 LIST OF SUBSIDIARIES <Table> Scottish Annuity & Life Holdings (Bermuda) Limited Scottish Annuity & Life Insurance Company (Bermuda) Limited Scottish Annuity & Life Insurance Company (Cayman) Ltd. Scottish Annuity & Life International Insurance Company (Bermuda) Ltd. Scottish Holdings (Barbados), Limited Scottish Holdings, Inc. Scottish Re (Dublin) Limited Scottish Re (U.S.), Inc. Scottish Re Intermediaries (Canada) Limited Scottish Solutions, LLC Tartan Wealth Management, Inc. The Scottish Annuity Company (Cayman) Ltd. World-Wide Corporate Capital Limited World-Wide Holdings Limited World-Wide Insurance PCC Limited World-Wide Life Assurance S.A. World-Wide Reassurance Company Limited </Table>