QBE Asia Appoints New CEO of Wholesale Markets Asia
A newly created position underscores QBE’s commitment to strengthening its facultative reinsurance business across Asia.
QBE Asia has named Ronak Shah as the Chief Executive Officer (CEO) of Wholesale Markets Asia, effective 1 March 2025, according to a media release sent on Thursday.
This newly created position underscores QBE’s commitment to strengthening its facultative reinsurance business across Asia. Shah will lead the strategic development and expansion of QBE’s wholesale reinsurance offerings, working closely with in-house specialists and external partners to enhance QBE’s presence in both existing and new markets including Korea, Taiwan, Japan, Thailand, Indonesia, India, and mainland China.
Based in Singapore
Currently serving as CEO of QBE Singapore, Shah will retain this position until his successor is appointed to ensure a smooth transition. Based in Singapore, he will be responsible for driving QBE’s Asia wholesale strategy, leveraging the firm’s underwriting expertise, deep market knowledge, and strong global network to craft agile and effective solutions for clients.
In this role, Shah will continue reporting to Rob Kosova, CEO Asia and sitting on the QBE Asia Executive Committee.
Focusing on Tailored Industry Propositions
The Wholesale Markets business will focus on delivering tailored industry propositions to in-market insurers, leveraging QBE’s established leadership in complex and specialty lines. These include financial lines, liability, construction and engineering, marine, property, terrorism, and political violence.
Additionally, the firm will explore high-growth sectors such as renewable energy, cyber risk, and emerging liability classes, ensuring clients across the region benefit from QBE’s specialized expertise and ability to respond to evolving risks.
