Axis buys aviation specialist Aviabel

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Aviabel is over 80 years old and controls €50m (£43m) of European insurance and reinsurance gross written premium covering airlines, airports, pilots, crews and aerospace manufacturers. Axis, which has had an aviation team since the company's inception in 2001, said it will keep the Aviabel brand and the firm's NLP brand in Holland. Mark Gregory, CEO of Axis' international division, commented: "Axis is committed to the aviation market for the long-term and, through this acquisition