Friday, June 14, 2024
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BSP Life pays out $36.8M to policy holders

Bank of the South Pacific Life announced a $36.8 million in bonus pay-out for policyholders.

BSP Life Managing Director Michael Nacola indicated that 40,000 policyholders are expected to benefit from this bonus pay-out.

Nacola said this is the highest ever bonus payment that the insurance company has paid out in its 145 years of service.

He added that this pay-out is made following the company’s performance in the 2022 financial year.

Ilaitia Ravuwai
Ilaitia Ravuwai
Journalist | news@fijilive.com

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