Emerging-market countries represent huge, untapped opportunities for insurers, but carriers that are not properly staffed with people who understand the cultures, histories and markets of these nations will not succeed in their efforts, said former AIG CEO Maurice Hank Greenberg during the keynote presentation of the 23rd Annual Executive Conferencean...

After 12 years at the helm, Joe Plumeri is stepping down as the CEO of Willis Group Holdings on Jan. 7. He will serve as nonexecutive chairman through July 13, when his contract expires.

Greg Thompson is the new president of Markel Specialty, a division of Virginia-based insurer Markel Corp. In 1979 he formed Thompson Insurance Enterprises (ThomCo) with his father, Roy, and led the company for 32 yearsgrowing it from a small wholesale operation to a large program administrator. Markel acquired ThomCo on...