Scottish Re Group Ltd · 8-K · For 7/28/06

Filed On 8/3/06 4:25pm ET   ·   SEC File 1-16855   ·   Accession Number 898080-6-335

Current Report   ·   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         4      8K 
 2: EX-99.1     Press Release                                          1      6K 

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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): July 28, 2006

 _____________

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

 _____________

  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 5.02. Departure of Directors or Principal Officers; Election of Directors; 
Appointment of Principal Officers.                                              

         Scott E. Willkomm, President and Chief Executive Officer of Scottish Re
Group Limited (the "Company"), resigned his position on July 28, 2006. At such  
time, Mr. Willkomm also resigned his position on the Board of Directors (the    
"Board"). The Board appointed Paul Goldean, Executive Vice President and General
Counsel, to the position of interim Chief Executive Officer, effective          
immediately. Mr. Goldean was also appointed to the Board, effective August 3,   
2006. In addition, the Board appointed Bill Caulfeild-Browne, who has been a    
director of the Company since June 1999, to the position of Vice-Chairman of the
Board. A copy of the press release regarding certain of these changes is        
attached hereto as Exhibit 99.1.                                                

         A description of Mr. Goldean's employment agreement is set forth in the
Company's proxy statement for the 2006 Annual General Meeting of Shareholders,  
which was filed with the Securities and Exchange Commission on April 4, 2006,   
and such description is incorporated by reference in this Current Report on Form
8-K.                                                                            

         Mr. Goldean has been Executive Vice President and General Counsel since
February 2004. He joined the Company in February 2002 as its Senior Vice        
President and General Counsel. Prior to joining the Company, Mr. Goldean worked 
at Jones, Day, Reavis & Pogue from March 2000 to February 2002 where, among     
other things, he acted as outside counsel to the Company. From 1997 to 2000, Mr.
Goldean worked with the law firm of Strasburger & Price, L.L.P. Mr. Goldean     
received his B.B.A. from the University of Texas at El Paso and his J.D. from   
Southern Methodist University.                                                  

Item 9.01. Financial Statements and Exhibits.                                   

(c) Exhibits.                                                                   

99.1     Press Release issued by Scottish Re Group Limited on July 31, 2006.    

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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/ Nathan V. Gemmiti
                                    ----------------------------------
                   Nathan V. Gemmiti
                 General Counsel

Dated:  August __, 2006                                                         

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 INDEX TO EXHIBITS

Number       Description                                                        
------       -----------                                                        
99.1         Press Release issued by Scottish Re Group Limited on July 31, 2006.

 4

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 8-K Filing		Date		First		Last			Other Filings
		4/4/06		2					4, DEF 14A
For The Period Ended		7/28/06		1		2
		7/31/06		2		4			8-K
Filed On / Filed As Of		8/3/06		2					8-K
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