- CEO
- Gregg Lawrence Klingenberg
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- Crown House Hamilton Bermuda HM 08
- IPO Date
- Jul 15, 2005
- Business
- Scottish Re Group Limited (SKRUF) is a Bermuda-based holding company engaged in the reinsurance of life insurance, annuities, and annuity-type products through its operating subsidiaries. It offers reinsurance services including renewable term life; term life with multi-year guarantees; ordinary life; universal life; and related products for primary insurers and reinsurers, with primary subsidiaries comprising Scottish Annuity & Life Insurance Company (Cayman) Ltd., Scottish Re (Dublin) Limited, and Scottish Re (U.S.), Inc., operating across Bermuda, Ireland, the United States, and related jurisdictions. Founded in 1998 and headquartered at Crown House in Hamilton, Bermuda, the company targets life insurers and financial institutions globally. In 2011, Scottish Re Group Limited completed a significant merger with a subsidiary of Cerberus Capital Management, L.P. and MassMutual Capital Partners LLC affiliates, under Cayman Islands law, cancelling outstanding ordinary shares and issuing new shares to the investors; more recently, Scottish Re (U.S.), Inc. entered rehabilitation on March 6, 2019, followed by liquidation on July 18, 2023, with reinsurance treaties terminated by September 30, 2023, while Scottish Re (Dublin) DAC continues under independent group structure post-parent liquidation.