November was a productive month for the Asian insurance industry, with a recent report indicating an expansion of output growth during the period.
The Nikkei Asia Sector Purchasing Managers’ Index, compiled by IHS Markit, showed business activity in Asia’s insurance sector for the month of November was the highest among 19 monitored sectors, closely followed by the commercial and professional services sector. The growth of the insurance business is the highest it has been in the last four years.
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