The Latest from BSP Life

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 customers will be sharing its record-breaking Bonus allocation of $30 million for the 2019 financial year.

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...

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...

Click hereBSP Life has announced the opening of its $8 million Voivoi Warehouse in Nadi which was completed recently. BSP Life Board Chairman, Mr. Robin Fleming said “The Voivoi warehouse development is symbolic for us as we carried it to completion despite COVID. We...

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...

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...

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, 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...

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...

BSP Life and Tower Insurance today announced a joint promotion to encourage more people to use insurance products to mitigate their risks. Responding to the latest Reserve Bank of Fiji’s Financial Services Demand-Side Survey (DSS) report released last month, leading...

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...

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...

The BSP Fiji Group (BSP Bank, BSP Life and BSP Finance) donated $10,000 worth of equipment and supplies to the Ministry of Health & Medical Services today to support Fiji’s war against COVID-19. Items included thermometers, hand sanitisers, linen and refreshments...