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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                               -------------------

                                    FORM 8-K



                                 CURRENT REPORT
                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): June 5, 2006

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                            SCOTTISH RE GROUP LIMITED
             (Exact name of registrant as specified in its charter)

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       Cayman Islands                    001-16855                98-0362785
(State or Other Jurisdiction     (Commission File Number)      (I.R.S. Employer
      of Incorporation)                                      Identification No.)


               P.O. Box HM 2939
Crown House, Third Floor, 4 Par-la-Ville Road
                Hamilton HM12
                   Bermuda                                    N/A
   (Address of Principal Executive Offices)               (Zip Code)

                                 (441) 295-4451
               Registrant's telephone number, including area code

                                       N/A
          (Former name or former address, if changed since last report)

      Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.



Scottish Re Group Limited (the "Company") inadvertently omitted to state in its
proxy statement for the 2006 Annual General Meeting of Shareholders (the "2006
Proxy Statement") that its Nominating/Corporate Governance Committee Charter,
Compensation Committee Charter, Audit Committee Charter and Corporate Governance
Guidelines are available in print to any shareholder who requests it, as
required by Section 303A.09 of the New York Stock Exchange Listed Company Manual
(the "Manual").

In addition, while the Company disclosed in its 2006 Proxy Statement that
shareholders could communicate with the board or any member of the board by
sending a letter to the Secretary of the Company at Scottish Re Group limited,
P.O. Box HM 2939, Crown house, Third Floor, 4 par-la-Ville Road, Hamilton HM 08,
Bermuda, the New York Stock Exchange ("NYSE") has indicated that the Company
should have specifically stated that any interested person could communicate
with the presiding director and each of the non-management directors in this
manner.

While the Company does not believe that any of the items listed above are
material, it has addressed these omissions in its 303A Written Affirmation to
the NYSE, indicating that it is not in compliance with the listing standards of
the Manual. The Company has corrected such noncompliance by filing this Current
Report on Form 8-K with the Securities and Exchange Commission.



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                                    SIGNATURE


          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.



                                 SCOTTISH RE GROUP LIMITED


                                 By:/s/Paul Goldean
                                    --------------------------------------------
                                    Paul Goldean
                                    Executive Vice President and General Counsel



Dated:  June 5, 2006


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