-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 E8WyS7sEz7OjU0EYWNbdJsXdkc8k77i2EmbdKc9ftvobzVx91oV7UK9XY66aB8at
 WrFqid295UI5W8neBGKcmw==

<SEC-DOCUMENT>0001005477-07-003063.txt : 20070517
<SEC-HEADER>0001005477-07-003063.hdr.sgml : 20070517
<ACCEPTANCE-DATETIME>20070517181048
ACCESSION NUMBER:		0001005477-07-003063
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070507
FILED AS OF DATE:		20070517
DATE AS OF CHANGE:		20070517

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCOTTISH RE GROUP LTD
		CENTRAL INDEX KEY:			0001064122
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		GRAND PAVILION COMMERCIAL CENTRE
		STREET 2:		802 WEST BAY RD GEORGE TOWN GRAND CAYMAN
		CITY:			GRAND CAYMAN CAYMAN
		STATE:			E9
		ZIP:			00000
		BUSINESS PHONE:		3459492800

	MAIL ADDRESS:	
		STREET 1:		P O BOX HM 2939
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM MX

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SCOTTISH LIFE HOLDINGS LTD
		DATE OF NAME CHANGE:	19980615

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Brody Christopher S
		CENTRAL INDEX KEY:			0001399310

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16855
		FILM NUMBER:		07862433

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		212-891-2100

	MAIL ADDRESS:	
		STREET 1:		299 PARK AVENUE, 22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10171
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-05-07</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001064122</issuerCik>
        <issuerName>SCOTTISH RE GROUP LTD</issuerName>
        <issuerTradingSymbol>SCT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001399310</rptOwnerCik>
            <rptOwnerName>Brody Christopher S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CERBERUS CAPITAL MANAGEMENT, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>299 PARK AVENUE - 22ND FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10171</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Ordinary Shares, par value $0.01 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <remarks>Christopher S. Brody is a director of Scottish Re Group Limited (the &quot;Company&quot;).  Mr. Brody does not individually hold or otherwise beneficially own any securities of the Company.  Mr. Brody is an employee of Cerberus Capital Management, L.P., one or more affiliates of which own certain securities of the Company, all of which are subject to the sole voting and investment authority of Stephen Feinberg.  Mr. Feinberg, in his capacity as the holder of sole voting and investment authority of more than 10.0% of the ordinary shares of the Company pursuant to Reg. 13d-3, separately files statements pursuant to Section 13 and Section 16 of the Securities Exchange Act of 1934, as amended.  Mr. Brody does not exercise any voting, investment or other authority with respect to the ordinary shares of the Company separately reported by Mr. Feinberg.</remarks>

    <ownerSignature>
        <signatureName>/s/ Christopher S. Brody</signatureName>
        <signatureDate>2007-05-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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