Abu Dhabi Investment Council News

Allianz Could Be Considering Buying Shares in Abu Dhabi National Insurance

State-backed Abu Dhabi Investment Council is weighing the sale of its nearly 24 percent stake in Abu Dhabi National Insurance Co. (ADNIC), with Allianz among groups showing initial interest in buying it, sources familiar with the matter said. If the …

Brazil’s BTG Teams up With Abu Dhabi Fund for Ariel Re Takeover

Grupo BTG Pactual, Brazil’s only publicly traded independent investment bank, is partnering with shareholder Abu Dhabi Investment Council to expand its reinsurance business, said Chief Executive Officer Andre Esteves. BTG and the sovereign fund will each take a 50 percent …