The Latest from BSP Life

Here’s whats happening in and around BSP Life. Read More to find out.

BSP Life Pays $94 Million in Benefits

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...

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BSP Life’s Investment Portfolio Surpasses $1 Billion

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...

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BSP Life Declares $36.8M Customer Bonus

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...

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BSP Life Reaffirms Support for FHRI Convention

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...

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BSP Life pays $80million in Benefits

BSP Life today announced a record $80million in Benefit payouts for 2022. This equates to over $1.5million each week. Most payments were for Living Benefits from life insurance policies at $56 million. Death and Disability payments totalled $10 million while Health...

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BSP Life’s 50 million steps for WOWS Kids on track

BSP Life’s Step with a Purpose is currently tracking at 38.5 million steps, an average of over 1.1 million steps per day over 33 days. Team BSP Life took on a 50,000,000 Step Challenge over 60 days for WOW Kids Foundation and at the halfway point is over 10,000,000...

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New Digital Payment Channel for BSP Life Customers

BSP Life in collaboration with BSP Bank has launched an Internet Payment Gateway (IPG) that allows customers to pay Life and Health insurance premiums from anywhere and anytime, using a BSP EasyCard or any VISA branded card. BSP Life Managing Director Mr. Michael...

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BSP Life Pays $67M in 2021 and $40M so far in 2022

BSP Life today announced it processed 75,000 benefits worth F$67million in 2021, averaging $250,000 each working day. Life insurance maturities and living benefits totalled $44million. Death and disability payments totalled $12million while health insurance payments...

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Fiji Kava and BSP Life Unveil $2 Million Investment

Fiji Kava and BSP Life, one of Fiji’s largest institutional investors, today announced a $2million investment program that will support a 5-year plan for expanded operations across Fiji. BSP Life is the first local company to invest in Fiji Kava Ltd via Convertible...

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BSP Life Announces New Executive Appointments

BSP Life today announced four new Executive appointments. Managing Director, Mr. Michael Nacola said these appointments, two of which are replacing retired leaders, brings the Executive to its full complement. “We undertook a comprehensive recruitment process looking...

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BSP Health Launches New Medical Product

BSP Health, a subsidiary of BSP Life, and market leader in private health insurance, today announced the launch of a new product called Value Health Care. Managing Director, Mr Michael Nacola said, “We are delighted to announce this latest innovation which is part of...

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BSP Life Welcomes New Board Director

BSP Life today announced the appointment of Ms Florence Fenton as the newest Director to BSP Life (Fiji) Limited’s Board. Ms Fenton replaces Mr Ross McDonald who completed his tenure. BSP Life’s Chairman, Mr. Robin Fleming said, “We are pleased to welcome someone of...

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International Women’s Day

Happy International Women’s Day to all the women who represent their families, community and workforce. BSP Life is proud to have 51% female workforce who strongly represent our brand and values making a difference in our customers’ lives. #ChooseToChallenge...

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BSP Life Acquires Iconic Regal Building

BSP Life today announced its acquisition of the ‘Regal’ Building in the heart of the Suva Central Business District (CBD). This acquisition follows the ground breaking of its Voivoi Development in Nadi three months ago. The Managing Director, Mr Michael Nacola, said,...

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