ADIA to acquire a 10% stake in Aditya Birla Health Insurance for $84m.

Abu Dhabi Investment Authority, a private equity firm, agreed to acquire a 10% stake in Aditya Birla Health Insurance, an insurance services provider, for $84m. "This partnership with ADIA strengthens our resolve to further expand the company’s ‘Health-First’ proposition, as we empower our customers to lead a healthy life. We remain committed to this promise and have reimagined our business model and customer engagement accordingly, by creating differentiated products, a digital health ecosystem and a large distribution presence across the country. ABHI remains committed to grow the reach and impact of the nascent health insurance market in India," Mayank Bathwal, Aditya Birla Health Insurance CEO.