Decline due to decrease in mega-round deals, says Gallagher Re
Acquired firm was established in 2012
Move required to supports its "future ambitions in the US market"
CEO says record amount reflects company's strong financial performance in 2023
Key hires and renewals announced
Premiums also exceed $1 billion threshold
Key hire was formerly global COO of reinsurance at AIG
Promoted exec recognized for industry leadership
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