Abu Dhabi Developmental Holding Company PJSC agreed to acquire remaining 20% stake in DAMAN - National Health Insurance Company from Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (XTRA:MUV2) on October 14, 2021. Munich Re will continue to be Daman’s reinsurer to offer healthcare insurance services in its next stage of growth. Transaction is subject to customary closing conditions, including regulatory approvals.