Veritas makes 7.4% investment return, but contributions fall

first_imgNiina Bergring, CIO, said: “We are very pleased with the result, considering the market situation.”Fixed income performance had lowered the overall result, she said, with the asset class ending with a return of just 1.5%.Property investments, which the company said were traditionally strong within its portfolio, returned 5.9%.Total contributions fell by 1.2% to €452.8m from €458.2m, while pensions and other benefits paid out rose 7.3% to €432m.Veritas blamed the fall in contributions partly on payroll developments, with pension client numbers declining, and partly on the fact more corporate clients had failed this year to make their scheduled contributions.Managing director Jan-Erik Stenman said he was not surprised by the slide in contributions.“We are now seeing the aftermath of the general economic situation,” he said.“In the course of 2013, the impact of globalisation hit our customers – small and medium-sized enterprises – which had hitherto perhaps fared better than large companies in the current economic situation.”Over the year, Veritas lost 1.8% of employees as clients, or 53,339 workers.Total investment assets rose to €2.4bn, up €170m from a year earlier.Solvency capital increased during the year to end at 27.8% of technical provisions from 24.1% a year before, Veritas said, adding that this meant solvency capital was 2.1 times the solvency limit. Finland’s Veritas produced a 7.4% return on investments in 2013, but saw contributions fall by 1.2% as globalisation effects hit small and medium-sized enterprises (SMEs) in the country.Reporting preliminary results for last year, Veritas said it was the positive trend in equity markets that boosted investment returns, particularly at the end of the year.The 2013 investment return was helped by listed equities, which generated the pension insurer’s highest returns at 18.3%.However, the overall return was down from last year, when investments ended the year with a profit of 11.3%.last_img read more

Pearson hails Cambiasso impact

first_imgLeicester manager Nigel Pearson has offered high praise for the way Esteban Cambiasso has adapted to a relegation fight during his first year in English football. Cambiasso has at club level become the most decorated player in Argentinian history, even winning more honours than Real Madrid legend Alfredo Di Stefano, over an illustrious career spanning 17 years. But the 34-year-old has become entrenched in Leicester’s culture since arriving on a free transfer last summer and even told reporters last month that helping the Foxes secure Barclays Premier League survival would feel like winning another piece of silverware. The former Argentina international, who has previously played for Real Madrid, River Plate and Inter Milan, has been instrumental all season but particularly during the recent run which has brought six wins from the last seven matches and put Pearson’s team three points clear of the relegation zone. “His impact is difficult to quantify but it’s been a very positive one, there’s no doubt about that,” said Pearson following Saturday’s 2-0 victory over Southampton. “If you take away the influence on other players and just look at his own performances, what he brings to the side in terms of his vision and game understanding, then I think he’s been a fantastic addition to our squad. “Also where he takes an awful lot of credit is for someone with the CV he has and the amount of trophies and, if you like, positive situations he’s been in, to embrace a relegation battle in the way he has done I think gives you an indication of his professional outlook on his role within the squad. “I couldn’t give him any higher compliment than to recognise that. “I know that if he was five years younger we wouldn’t have him, or two years younger even. But I’m very pleased he’s with us and that he’s contributed fantastically to the team’s plight and situation. He’s dug in like everyone else has dug in.” Cambiasso is making Leicester wait over a new contract, with his current deal set to expire at the end of the season, as he waits to see how the campaign pans out. But Pearson would love to keep the 2010 Champions League winner. Press Association “Of course I want him to stay but he’s already pointed out that he wants to wait until the end of the season and that’s fine. For sure we’d like to keep him,” said the Foxes boss. Southampton’s defeat at the King Power Stadium came courtesy of another sluggish start and manager Ronald Koeman is becoming concerned by the trend. Both Leicester goals came inside the opening 19 minutes. It followed another slow start at Sunderland last week when Koeman’s men also found themselves behind at the same stage of the match. For most of the season, Southampton appeared capable of challenging for a place in the top four but their form has since tailed off. Defeat to Leicester was a fourth successive away loss and extended Southampton’s overall winless run to four games, all but ending their hopes of catching Liverpool in fifth place, with their campaign in danger of unravelling due to the poor run. Koeman was surprised to see his team make the same mistake for the second straight match and the Dutchman wants it rectified against Aston Villa next time out. He said: “The reason that we lost is because if you start a game like we did then it’s very difficult to change it. “Last week we had a big problem to start on a good level and today again. They [Leicester] had more spirit in the beginning. “They’re a strong team at the moment and full of confidence. It’s a difficult place to come, but we made it more difficult. “Still, there are two games to play. Next week we play at home and we need to finish on a good way for the fans. “We expect to bring our level and to have the belief in ourselves. I think that’s the difference in the last few games.” last_img read more

Best athlete Halloween costumes

first_imgNFL Network analyst LaVar Arrington Former Trojan linebacker Devon Kennard (Luigi) and his NYG teammates Former Trojan guard/forward Nick Young Cavs forward LeBron James Thunder guard Russell Westbrook Thunder forward Nick Collison and center Steven Adams Wizards forward Paul Pierce and center Marcin GortatLadies and gentleman Paul Pierce !!!:)) #legend #this #guyyyyyycenter_img Thunder guard Serge Ibaka and his girlfriend, Keri Hilson (I think OKC wins Halloween) Cardinals pitcher Adam Wainwright Former Trojan wide receiver Robert Woods Colts punter Pat McAfee Boston Bruins playerslast_img

FAITHFULLY: Kielan Whitner relies on religion throughout his circuitous path to starting role at Syracuse

first_img Published on August 30, 2018 at 11:43 pm Contact Josh: jlschafe@syr.edu | @Schafer_44,Mountain View wouldn’t see a winning season in its first seven years. Former-head coach Tim Hardy left just months after naming Whitner a varsity starter during his freshman season. When his coach left, his friends followed suit.Whitner stayed.A two-star recruit, schools told him he wasn’t fast enough. Coaches valued other recruits more. He was undersized. Whitner committed to Appalachian State and finished his high school career without a single winning season.But then came the Syracuse offer which changed the course of his career. To attend a Power Five school, that he had always dreamed of, Whitner had to decommit.“When he had to call people and let them down, people that he didn’t want to let down, people that he genuinely liked and people that were very good to us … when he did that, that was rough,” said Whitner’s mother, Lisa. “He just wanted to go into his room and be by himself.”Whitner saw his first extended action of his college career against South Florida in a 45-24 loss. Then a true-freshman, he made several errors, including a personal foul call that all but solidified the outcome. The performance prompted an apology from Whitner on Twitter.After the game, Whitner found himself in what he called a tough place. Fans bombarded him on Twitter. Media dissected his errors. He turned to the Bible and found his favorite passage. Book 2 of Corinthians 12:8-10 reads:My power is made perfect in weakness“I just felt like you go through tough times, and that’s when you find, like, who you are as a person, and really build your strength through those tough times,” Whitner said.Less than a month later, Whitner registered a career-high nine tackles and forced a fumble against Louisville in a 41-17 loss. Syracuse finished the 2015 season 4-8. Scott Shafer was fired, resulting in more than half of Whitner’s freshman class leaving the program before their senior season.Whitner stayed.“At the end of the day you have to realize this is a business … they have to do what’s best for them and their family,” Whitner said. “I love coach Shafe and was sad to see him go. But at the same time, I was going to do everything in my power to be a guy for coach Babers and what they wanted a Syracuse football player to be.”Last year, Whitner observed senior linebackers Paris Bennett and Zaire Franklin. He hopes to mimic Bennett’s quick feet while also channeling the disruptive nature of Franklin in opposing backfields.His experience at multiple spots on the defense only helps when understanding his new position, Whitner said. He compared his role as a linebacker to that of a strong safety rolling down into the box.“He’s very, very intelligent and he cares,” head coach Dino Babers said. “The way he prepares and stuff, the things he does off the field, makes him a better him on the field.”Babers declined to name the starting linebackers during his last press conference of the preseason, leaving no clear indication that Whitner won the position battle.Regardless, Whitner is in a better place now. In his Twitter bio, he links to a different Bible passage. Matthew 6:33 reads:But seek first his kingdom and his righteousness, and all these things will be given to you as well.“All this adversity, there’s not really anything I can do worrying about it or anything like that, so I’ve been at a good place,” Whitner said. “I just feel like in everything I do in my life, it’s most important if I focus on what God wants to in that situation rather than my own personal gain.”Cover photo by Paul Schlesinger | Staff Photographer,Cancel replyYou must be logged in to post a comment. Mountain View wouldn’t see a winning season in its first seven years. Former-head coach Tim Hardy left just months after naming Whitner a varsity starter during his freshman season. When his coach left, his friends followed suit.Whitner stayed.A two-star recruit, schools told him he wasn’t fast enough. Coaches valued other recruits more. He was undersized. Whitner committed to Appalachian State and finished his high school career without a single winning season.But then came the Syracuse offer which changed the course of his career. To attend a Power Five school, that he had always dreamed of, Whitner had to decommit.“When he had to call people and let them down, people that he didn’t want to let down, people that he genuinely liked and people that were very good to us … when he did that, that was rough,” said Whitner’s mother, Lisa. “He just wanted to go into his room and be by himself.”Whitner saw his first extended action of his college career against South Florida in a 45-24 loss. Then a true-freshman, he made several errors, including a personal foul call that all but solidified the outcome. The performance prompted an apology from Whitner on Twitter.After the game, Whitner found himself in what he called a tough place. Fans bombarded him on Twitter. Media dissected his errors. He turned to the Bible and found his favorite passage. Book 2 of Corinthians 12:8-10 reads:My power is made perfect in weakness“I just felt like you go through tough times, and that’s when you find, like, who you are as a person, and really build your strength through those tough times,” Whitner said.Less than a month later, Whitner registered a career-high nine tackles and forced a fumble against Louisville in a 41-17 loss. Syracuse finished the 2015 season 4-8. Scott Shafer was fired, resulting in more than half of Whitner’s freshman class leaving the program before their senior season.Whitner stayed.“At the end of the day you have to realize this is a business … they have to do what’s best for them and their family,” Whitner said. “I love coach Shafe and was sad to see him go. But at the same time, I was going to do everything in my power to be a guy for coach Babers and what they wanted a Syracuse football player to be.”Last year, Whitner observed senior linebackers Paris Bennett and Zaire Franklin. He hopes to mimic Bennett’s quick feet while also channeling the disruptive nature of Franklin in opposing backfields.His experience at multiple spots on the defense only helps when understanding his new position, Whitner said. He compared his role as a linebacker to that of a strong safety rolling down into the box.“He’s very, very intelligent and he cares,” head coach Dino Babers said. “The way he prepares and stuff, the things he does off the field, makes him a better him on the field.”Babers declined to name the starting linebackers during his last press conference of the preseason, leaving no clear indication that Whitner won the position battle.Regardless, Whitner is in a better place now. In his Twitter bio, he links to a different Bible passage. Matthew 6:33 reads:But seek first his kingdom and his righteousness, and all these things will be given to you as well.“All this adversity, there’s not really anything I can do worrying about it or anything like that, so I’ve been at a good place,” Whitner said. “I just feel like in everything I do in my life, it’s most important if I focus on what God wants to in that situation rather than my own personal gain.”Cover photo by Paul Schlesinger | Staff Photographer Two gold chains hang from Kielan Whitner’s neck. One dangles a block letter 25 his father gave him, and a cross. The other, resting further down his torso, carries a Miraculous Medal formerly worn by Whitner’s great-grandfather.The back of the medal displays an “M” merged with a cross, surrounded by stars, which represents the 12 apostles. On the front is an image of the Virgin Mary bordered by a message inscribed:O Mary, conceived without sin, pray for us who have recourse to thee.The self-proclaimed “mama’s boy” is a regular at the Cathedral of the Immaculate Conception in downtown Syracuse. A senior at Syracuse, Whitner has had the same friends since grade school, and he’s never removed the rastafarian colored friendship bracelet on his left wrist, given to him on a mission trip in Haiti in summer 2015.AdvertisementThis is placeholder textIn Whitner’s freshman season at SU in 2015, he led all freshmen with 33 tackles. He entered 2016 fall camp as the starting strong safety, but finished the year with only three starts. In 2017, he switched positions to outside linebacker before moving back to safety in a supplemental role, tallying eight tackles on the season.This year, the senior is slotted as the starting weakside linebacker, his third position in four years.“You want to be that guy,” Whitner said. “Just, you know, being able to stay the course and contribute as much as I could to this team without trying to be selfish.”At the start of high school, Whitner and a group of friends agreed to attend Mountain View (Georgia) High School together. Built in 2009, the high school was new to Class 6A football.David Salanitri | Staff Photographercenter_img Commentslast_img read more