Consent of Independent Auditors

We consent to the incorporation by reference in the Registration Statement (Form
S-8 No.  333-51496)  pertaining to the Employee Stock Option Plan of Scottish Re
Group Limited (the Company) (formerly Scottish Annuity & Life Holdings, Ltd) and
the  incorporation  by reference  in the  Registration  Statement  (Form S-3 No.
333-113030) of the Company of our report dated  February 10, 2004,  with respect
to the consolidated  financial  statements and schedules of the Company included
in the Annual Report (Form 10-K) for the year ended December 31, 2003.


/s/ Ernst & Young LLP

Philadelphia, Pennsylvania
March 2, 2004