Tag: Aircraft leasing
New Insurance Rule Lets Airlines Cede 90%, Stabilise Market
“For years, lessors required offshore underwriting, and over 95 percent of aviation insurance premiums left Nigeria. This new model strikes a balance,” said Omosehin....
Nigeria’s CTC Practice Direction Boosts Compliance to 70.5%
Following Nigeria’s signing of the Cape Town Convention (CTC) Practice Direction, the country’s compliance rating rose to 70.5%.
The Aviation Working Group (AWG) increased Nigeria's...