The Latest from BSP Life

BSP Life today announced $43.8 million in bonuses to eligible life insurance policyholders for the 2024 financial year. This marks the first time the bonus pool has surpassed $40million, growing by 14% over 2023, and totalling over $180million over the last 5 years, including the pandemic period.

BSP Life has announced three senior leadership appointments which are all internal promotions reflecting the high calibre of talent within the institution. Munendra Naidu – Chief Actuarial and Data Officer In a landmark move for BSP Life and Fiji’s insurance industry,...

BSP Life, Fiji’s largest Life and Health insurer, paid $99 million in customer benefits and processed over 123,000 transactions throughout 2024. This is the highest recorded in its 148-year history. This averages $1.9 million and over 2000 transactions weekly....

BSP Life, the leading life and health insurance provider in Fiji, has announced the divestment of 40% of shares in Future Farms Pte Limited (trading as Rooster Poultry), a prominent poultry producing company, to the Fiji National Provident Fund (FNPF). Michael Nacola,...

BSP Life today announced a Bonus Declaration of $38.4million for the 2023 financial year to customers with investment-linked insurance policies (policyholders). This is the highest Bonus allocation in its 147-year history. Managing Director, Mr. Michael Nacola said...

BSP Life, Fiji’s largest Life and Health insurer, and member of the BSP Financial Group, paid $94 million in various customer benefits in 2023. This is the highest recorded in its 147-year history. Managing Director Mr. Michael Nacola stated, "We take our...

BSP Life, Fiji’s leading Life and Health Insurance provider, today announced that its Investment Portfolio has exceeded $1 Billion, making it the second institutional investor to do so, after the Fiji National Provident Fund. BSP Life’s Managing Director, Mr. Michael...

BSP Life today announced it paid $44million in Customer Benefits for January – June 2023. This equates to around $1.7million a week, an increase of 13% from the average of $1.5million a week in 2022. Most payments were for survival benefits and maturities from life...

BSP Life today announced its bonus allocation for the 2022 financial year. Managing Director, Mr. Michael Nacola stated “On behalf of our Board and the entire BSP Life Team, I am delighted to announce a total bonus allocation of $36.8million, the highest in our proud...

BSP Life is pleased to reaffirm its sponsorship of $40,000 for the 2023 Fiji Human Resources Institute (FHRI) convention. The most awaited Human Resources (HR) event will bring professionals from various industries together to discuss emerging trends, challenges, and...