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Germanwings crash: Aviation insurance to rise globally

Germanwings crash: Aviation insurance to rise globally

The cost of insurance for aviation companies globally may rise if the directorate general of civil aviation goes ahead with its plans to make it mandatory for pilots to undergo psychiatric test before takeoff as any failure to clear the test could lead to flight cancellations and claims.

Evolution of reinsurance market offers challenges

Evolution of reinsurance market offers challenges

Despite the current market environment being generally positive for primary insurers, the evolution of the reinsurance market highlights several challenges this can create for firms, according to analysts at Moody’s.

Med-View Airline partners  First Bank to acquire Boeing  737-400 Classic

Med-View Airline partners First Bank to acquire Boeing 737-400 Classic

Med-View Airline has acquired a Boeing 737-400 Classic aircraft, with a capacity for 150 passengers in business and economy classes. This acquisition was financed by First Bank who has a business partnership with the airline. The additional aircraft is part of the airline’s expansion plans to boost its operations. And the company’s fleet has increased to five Boeing aircraft.

Samsung raises bar in android series with Galaxy S6 and S6 edge

Samsung raises bar in android series with Galaxy S6 and S6 edge

Even with the competition in the smart phone ecosystem deepening by the day as a result of innovative products by the original equipment manufacturers, (OEMs) , Samsung Electronics has again raised the bar with the introduction into the Nigerian market launched the most advanced smart phones in its stable, the Galaxy S6 edge and S6 duos respectively.