MSIG Asia has appointed Ronak Shah as regional chief executive officer, effective 1 Oct 2026, the insurer announced on Tuesday.
He succeeds Clemens Philippi, who became co-chief strategy officer of MS&AD...
The broker expects the structure to appeal to smaller firms exploring captives, larger corporates pursuing phased ownership strategies and ILS sponsors.
Swiss Re expects Asia to outpace global insurance growth in 2026, though the regional outlook is splitting sharply between AI beneficiaries, energy-exposed markets and reform-led growth stories.
Industry participants say the proposed framework, set to launch by 2028, could reduce costs, improve operational efficiency and support broader adoption of captives and insurance-linked securities.