EXHIBIT 23.1

            INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT

We consent to the incorporation by reference in the Registration Statement of
Annuity and Life Re (Holdings), Ltd. (the "Company") on Form S-8 (File No.
333-76229) of our reports dated February 11, 2005, except for the first
paragraph of Note 12 to which the date is March 30, 2005, with respect to the
consolidated balance sheet of the Company as of December 31, 2004, and the
related consolidated statements of operations, comprehensive loss, changes in
stockholders' equity and cash flows for the year then ended and the related
financial statement schedule, management's assessment of the effectiveness of
internal control over financial reporting as of December 31, 2004 and the
effectiveness of internal control over financial reporting as of December 31,
2004, which reports are included in this Annual Report on Form 10-K of Annuity
and Life Re (Holdings), Ltd.

Our report on the consolidated financial statements refers to a change in the
method of accounting for certain nontraditional long-duration contracts as of
January 1, 2004. Our report on the effectiveness of internal control over
financial reporting expressed an adverse opinion because of the existence of
material weaknesses.


/s/ Marcum & Kliegman LLP
Melville, New York
March 30, 2005