The companies argue the regulator failed to assess the acquisition as part of their broader strategic alliance, including distribution and brand licensing arrangements.
Slower growth in China and India drives the easing, while Singapore and Indonesia head the other way at 14.7% and 17.3%, adding to pressure on health insurance affordability.
Part of Generali's broader expansion of MSME-focused programmes across Asia-Pacific, the challenge aims to address protection gaps facing MSMEs in India.
The trade bodies, whose members represent around US$200bn in gross written premiums, will share evidence on resilience, regulation and extreme weather, alongside emerging risks such as cyber and AI.
AIA Global will offer offshore wealth products alongside the group's franchise in Hong Kong and Singapore, which accounted for about 46% of new business value in H1 2026.
