Here are the latest publicly reported updates I can verify about LICI Fiji right now:
- LICI Fiji has been highlighting substantial claim payouts in its Fiji operations, with reports noting over $29 million in claims paid in a recent period and a continued focus on serving as a financial safety net for Fijians. This reflects the company’s ongoing role in supporting families during critical times.[2]
- The company has continued to attract a large share of the local life insurance market, with counts of active policies and market share cited in recent coverage indicating LICI remains the leading insurer in Fiji. This trajectory aligns with prior statements about LICI’s market leadership in the territory.[2]
If you’d like, I can pull up more recent items from specific Fiji outlets or sources (e.g., Fiji Sun, FBC News, Fiji Times) to verify any updates beyond these reports and provide direct citations.
Sources
*“I am talking about yesterday in the first 8 months of the financial year, and the total amount paid is slightly more than $34 million. We are quite confident that the claim figure will cross last year’s figure by the time we touch the end of the current financial year.”* Shenoy adds that LICI has been investing in Fiji infrastructure bonds on a regular basis, with a total investment of $64 million in the first eight months of this year. According to the latest data, 62.5 percent of the life...
www.fbcnews.com.fjMEA Indian Mission - High Commission of India, LICI Building, Level 7, Fiji
www.mea.gov.inLatest news and sports
www.fijivillage.com“The labour market continues to progress towards pre-pandemic levels. Private sector credit continues its annual ascent for the ninth straight month in September.”
fijisun.com.fjfile photo The Life Insurance Corporation of India Fiji has paid out more than $29 million in claims so far this year. LICI General Manager Suva Pradeep Shenoy states this highlights the company’s role as a financial safety net for thousands of Fijians. He adds that while the total payout is substantial, the human impact behind each claim is what truly matters. … With more than 70,000 active policies and a 62 percent market share, LICI remains the leading life insurance provider in Fiji,...
www.fbcnews.com.fjMr Shenoy said the total investments of LICI in Fiji has crossed $750 million contributing significantly in national building activities.
fijisun.com.fjFiji One News keeps you updated with latest with Fiji's local news, business news, sports, politics and world news.
fijionenews.com.fjLife Insurance Corporation of India (LICI) last week celebrated its 60th Foundation Day Anniversary of its existence in Fiji.Since 1956, this company has been the key […]
www.fijitimes.com.fjPeople are not concerned about long term savings in Fiji and are not very keen on thinking about the future as everyone is happy. This has been hig
www.fijivillage.com