Japan Insurer MSIG Asia Hires QBE Asia ex-CEO Singapore Ronak Shah as MSIG Asia Regional CEO (1/10/26) to Succeed Clemens Philippi Who was Appointed as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for International Business, MSIG is Member of MS&AD Insurance Group Holdings (MS&AD) and Subsidiary of Mitsui Sumitomo Insurance, Ronak Shah Has 27 Years of Insurance, Risk & Financial Industry Experience at QBE, JLT Group, Allied World Assurance Company, Willis & Marsh and Held Senior Roles Including as CEO Wholesale Markets Asia, CEO Singapore and Deputy Head of Asia, Financial, Executive & Professional Risks / M&A
14th July 2026 | Hong Kong
Japan insurer MSIG Asia has hired QBE Asia ex-CEO Singapore Ronak Shah as MSIG Asia Regional CEO (1/10/26) to succeed Clemens Philippi who was appointed as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for International Business. MSIG is member of MS&AD Insurance Group Holdings (MS&AD), and subsidiary of Mitsui Sumitomo Insurance. Ronak Shah has 27 years of insurance, risk & financial industry experience at QBE, JLT Group, Allied World Assurance Company, Willis & Marsh and held senior roles including as CEO Wholesale Markets Asia, CEO Singapore and Deputy Head of Asia, Financial, Executive & Professional Risks / M&A. Announcement (14/7/26): “MSIG Asia, Southeast Asia’s leading general insurer with a growing presence across Asia Pacific, today announced the appointment of Ronak Shah as its Regional Chief Executive Officer (CEO), effective 1 October 2026. Shah succeeds Clemens Philippi, who was appointed Co-Chief Strategy Officer of MS&AD Insurance Group Holdings (MS&AD) in April 2026 to lead the Group’s International Business strategy. In his new role, Shah will lead MSIG Asia’s well-established operations across Southeast Asia, Hong Kong, India and Oceania. His remit will also expand to include regional leadership responsibility for Mainland China, Taiwan and Korea. This broader mandate demonstrates MSIG Asia’s commitment to greater strategic alignment across Asia Pacific. It will enable stronger collaboration, enhanced execution and accelerated growth, while delivering greater value to its customers, partners and stakeholders. Joining MSIG Asia from QBE Asia, where he held several senior leadership positions, Shah most recently served as CEO of Wholesale Markets Asia, having previously led the Singapore business as country CEO. With more than two decades of experience in the insurance industry in Asia and North America, he has successfully led business transformation, strengthened specialty insurance capabilities, and built strong relationships with customers, partners and industry stakeholders in these regions. In his new role, Shah will be responsible for steering the regional direction, advancing MSIG Asia’s strategic priorities, accelerating business performance across key markets, strengthening regional collaboration, and deepening customer and partner engagement.” In 2026 March, MSIG Asia appointed CEO & MSIG Japan Executive Officer Clemens Philippi as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for international business, and Norihiro Tanaka appointed as MSIC Asia Chairman to succeed Tetsuya Adachi.
“ Japan Insurer MSIG Asia Hires QBE Asia ex-CEO Singapore Ronak Shah as MSIG Asia Regional CEO (1/10/26) to Succeed Clemens Philippi Who was Appointed as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for International Business, MSIG is Member of MS&AD Insurance Group Holdings (MS&AD) and Subsidiary of Mitsui Sumitomo Insurance, Ronak Shah Has 27 Years of Insurance, Risk & Financial Industry Experience at QBE, JLT Group, Allied World Assurance Company, Willis & Marsh and Held Senior Roles Including as CEO Wholesale Markets Asia, CEO Singapore and Deputy Head of Asia, Financial, Executive & Professional Risks / M&A “
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Hironori Morimoto, Group Chief Global Officer, Senior Managing Executive Officer of MS&AD: “Ronak brings deep regional expertise, strategic insights and a strong track record of delivering results across complex and dynamic markets. We are confident he will build on MSIG’s strong heritage and presence across Asia, and lead MSIG Asia through its next phase of growth and value creation. We also thank Clemens for his contribution to the development of our Asia business, and I look forward to his continued leadership in his new role as the Group’s International Business Co-Chief Strategy Officer.”
Ronak Shah, Regional Chief Executive Officer-designate of MSIG Asia: “MSIG Asia has built a successful business with a clear sense of purpose, and I’m proud to be stepping in at such an important point in its journey. The company has a strong platform – with talented teams, deep customer relationships and a clear ambition for what it can achieve across Asia Pacific. My focus is straightforward: sharpen our strategy, empower our people to execute with excellence, and create greater value for our customers and partners who count on us. The opportunity across this region is significant, and I intend to make the most of it.”
MSIG – MSIG is a wholly owned subsidiary of Mitsui Sumitomo Insurance Co. Ltd. and a member of the MS&AD Insurance Group. The Group is one of the top non-life insurance groups in the world with A+ Stable credit rating, having about 40,000 employees worldwide. Being one of Asia’s leading general insurance brand with presence in 48 countries and regions globally, we believe in staying true to our Japanese roots by upholding our long-standing values of customer service excellence, innovation and reliability. MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan.
Japan Insurer MSIG Asia Appoints CEO & MSIG Japan Executive Officer Clemens Philippi as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for International Business, Norihiro Tanaka Appointed as MSIC Asia Chairman to Succeed Tetsuya Adachi, MSIG is Member of MS&AD Insurance Group Holdings (MS&AD) and Subsidiary of Mitsui Sumitomo Insurance
13th March 2026 – Japan insurer MSIG Asia has appointed CEO & MSIG Japan Executive Officer Clemens Philippi as MS&AD Insurance Group Holdings (MS&AD) Executive Officer & Chief Strategy Officer for international business, and Norihiro Tanaka appointed as MSIC Asia Chairman to succeed Tetsuya Adachi. MSIG is member of MS&AD Insurance Group Holdings (MS&AD), and subsidiary of Mitsui Sumitomo Insurance. MSIG – MSIG is a wholly owned subsidiary of Mitsui Sumitomo Insurance Co. Ltd. and a member of the MS&AD Insurance Group. The Group is one of the top non-life insurance groups in the world with A+ Stable credit rating, having about 40,000 employees worldwide. Being one of Asia’s leading general insurance brand with presence in 48 countries and regions globally, we believe in staying true to our Japanese roots by upholding our long-standing values of customer service excellence, innovation and reliability. MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan.
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