# BSP Life

BSP Life is an Insurance Company based in Suva, Fiji.

## Overview

- **Organization type:** Insurance Company
- **Headquarters:** Suva, Fiji
- **Region:** Oceania
- **Address:** Suva, Fiji
- **Founded:** 1876
- **Assets under management:** Undisclosed
- **Website:** bsplife.com.fj
- **LinkedIn:** https://www.linkedin.com/company/bsp-life

## Regulatory record

- **Reports private funds:** No

## About

BSP Life was founded in 1876. It functions as an insurance company headquartered in Suva and remains a subsidiary of Bank of South Pacific Limited, itself controlled by BSP Financial Group Limited of Papua New Guinea. The company maintains a portfolio of commercial and mixed-use properties across Fiji. Confirmed assets comprise the Sofitel Fiji Resort and Spa on Denarau Island, the Vatu Talei mixed-use project on the same island, the One&Only Resort Yasawa on Nacula, the Domain residential development in Suva, and the BSP Life Centre on Thomson Street. Partnerships include joint ventures with Fiji Airways through Richmond Pte Limited and co-investments with Fiji National Provident Fund in Future Farms Pte Limited. Michael Nacola serves as Managing Director and participates in the Insurance Council of Fiji. The firm sponsors the Fiji Human Resources Institute and supports the WOWS Kids Foundation. No additional offices outside Fiji are recorded.

## Sectors

- Insurance
- Real Estate

## Questions

### Who owns BSP Life?

BSP Life is owned by Bank of South Pacific Limited, which is controlled by BSP Financial Group Limited based in Papua New Guinea.

### What types of insurance does BSP Life offer?

The company provides life and health insurance products to clients in Fiji.

### Does BSP Life invest in real estate?

Yes. Its portfolio includes the Sofitel Fiji Resort and Spa, One&Only Resort Yasawa, Vatu Talei mixed-use project, and several Suva office buildings.

### Which partners does BSP Life work with on developments?

Partners include Kerzner International on the One&Only Yasawa resort and Fiji National Provident Fund on Future Farms Pte Limited.

## Related profiles

- [BSP Asset Management](https://altss.com/profile/bsp-asset-management)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/bsp-life

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