Scottish Re delays 10K filing on subprime issues

NEW YORK, March 7 (Reuters) - Life reinsurer Scottish Re Group Ltd SCT.N said on Friday it will be unable to file its annual report form 10-K by the March 17 due date.

The company, which said last month it may sell its international life reinsurance and wealth management units, needs more time to address accounting and disclosure requirements related to its holdings of sub-prime and Alt-A securities.

The company said its independent auditors also need more time.

Scottish Re expected to make the 10-K filing on or about April 1. It plans to report fourth-quarter earnings on March 27. (Reporting by Chris Reiter; Editing by Andre Grenon)