Unsecured Notes Offering, Agreements, Appointments, Joint Ventures, and Divestures - Research Report on AvalonBay, Validus, Allied World, Aspen and Cousins Properties

NEW YORK, October 7, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting AvalonBay Communities Inc. (NYSE: AVB), Validus Holdings, Ltd. (NYSE: VR), Allied World Assurance Company Holdings, AG (NYSE: AWH), Aspen Insurance Holdings Ltd. (NYSE: AHL), and Cousins Properties Inc. (NYSE: CUZ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

AvalonBay Communities Inc. Research Report

On September 16, 2013, AvalonBay Communities Inc. (AvalonBay) announced that it has priced a $400 million offering of unsecured notes maturing in 2020 under its existing shelf registration statement. According to the Company, the offering is for 3.625% Medium Term Notes for a principal amount of $400 million, maturity date of October 1, 2020, with an issue price of 99.73%, and yield to investors of 3.67%. The Company informed that interest on the notes will be paid semi-annually on April 1 and October 1, with the first payment to be made on April 1, 2014 and settlement scheduled for September 20, 2013. AvalonBay stated that the Company expects net proceeds of c.$396.2 million, after estimated issuance costs,  from the offering, which will be used to reduce indebtedness outstanding under the Company' $1.3 billion unsecured revolving credit facility and for general corporate purposes. The Full Research Report on AvalonBay Communities Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ab37_AVB]

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Validus Holdings, Ltd. Research Report

On September 26, 2013, Validus Holdings, Ltd. (Validus) announced that it will establish a Swiss underwriting company to transform the existing operations of Flagstone Reassurance Suisse S.A. According to the Company, Flagstone Reassurance Suisse S.A. will enable Validus' reinsurance teams to work more closely with customers in their respective markets through the establishment of local branch offices. Kean Driscoll, CEO of Validus Reinsurance, Ltd., commented, "We are excited to announce this important development for Validus which capitalizes on the strategic, regulatory and financial benefits of adding a Swiss underwriting platform. A Swiss presence is another step in the evolution of Validus as we continue to develop our global underwriting platform." The Full Research Report on Validus Holdings, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5ea1_VR]

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Allied World Assurance Company Holdings, AG Research Report

On October 2, 2013, Allied World Assurance Company Holdings, AG (Allied World) announced that Allied World Europe and Markel International have entered into an agreement through which Allied World Europe will acquire the renewal rights to a book of aviation business written by Lloyd's Syndicate 1400, and Markel Europe plc. According to Allied World, Markel acquired the aviation book of business in May 2013 as part of its acquisition of Alterra Capital. The Company informed that the former Markel underwriting team led by Olivier Marre has joined Allied World Europe to ensure continuity of service and coverage to clients and brokers. Julian James, President of Allied World Europe stated, "By expanding into this market, we are taking another step in the strategy of building out our European business in areas where we believe we can make a meaningful impact." Further, William Stovin, President and Chief Operating Officer, Markel International, said, "This is a good deal for all of us which allows Markel to focus on its core lines of business while Olivier and his team can continue to look after a book of business it knows well." The Full Research Report on Allied World Assurance Company Holdings, AG - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4bc5_AWH]

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Aspen Insurance Holdings Ltd. Research Report

On October 1, 2013, Aspen Insurance Holdings Ltd.'s (Aspen) reinsurance segment, Aspen Reinsurance announced that it has appointed Jamie Lewis as Head of its Casualty Reinsurance business in London with effect from November 1, 2013. As stated by Aspen, in his new role, Lewis will be responsible for developing Aspen Re's book of Casualty reinsurance treaty and facultative business written from London which includes both the US and International Casualty portfolios. Aspen informed that Mr. Lewis is currently serving as President IronHealth International, Ironshore Europe Ltd.  Peter Emblin Managing Director, Head of Casualty & Specialty Reinsurance, stated, "Jamie has a wealth of relevant reinsurance experience, particularly in all sectors of professional liability and he is ideally qualified to lead our Casualty reinsurance business in London." The Full Research Report on Aspen Insurance Holdings Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4f10_AHL]

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Cousins Properties Inc. Research Report

On September 30, 2013, Cousins Properties Inc. (Cousins Properties) announced the disposal of two retail joint ventures and the sale of a retail power center as a part of its strategy to exit non-core holdings and focus on Class-A office properties and opportunistic mixed-use developments. The Company informed that the Prudential Insurance Company of America, which previously held an approximately 89% interest in the ventures, purchased Cousins' interests valued at c.$57 million (prior to allocation of property level debt) to become sole owner of the portfolio. Cousins Properties also announced that it has completed the sale of Tiffany Springs MarketCenter for c. $54 million to an unrelated third party. The Full Research Report on Cousins Properties Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ae53_CUZ]

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