Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Raphael Whyte has been accused of second-degree attempted murder. (NCPD)Exactly nine months after a stabbing left a 19-year-old man with serious injuries, police have arrested the second half of a duo they believe allegedly attacked the man because of an ongoing dispute.Nassau County police Special Investigations Squad detectives on Friday arrested 28-year-old Raphael Whyte, whose brother Uriel was arrested for the same incident last July, after executing an arrest warrant on a Flint Avenue home in Hempstead, police said.But before they could place the Coram man into custody, Whyte “became suspicious of police activity,” and allegedly fled on foot, police said. Authorities called in assistance from the Aviation Bureau and K-9 Unit and eventually located and arrested Whyte.He was charged with second-degree attempted murder, two unrelated warrant charges for criminal possession of marijuana and criminal possession of a controlled substance.The arrest stems from the June 21, 2013 stabbing in which the brothers were allegedly driving on Patterson Avenue in Hempstead and spotted the man they had an ongoing dispute with, police said. The brothers allegedly got out of the vehicle and chased the 19-year-old victim before Uriel allegedly pulled out a knife and stabbed the victim in the arm and chest. After the attack, the man was admitted to Nassau University Medical Center where he received treatment for a collapsed lung and severe lacerations, police said.Uriel was arrested at his Hempstead home about a month later, police said. He pleaded not guilty during his arraignment last July to charges of second-degree attempted murder, assault, criminal possession of a weapon and possession of a dangerous weapon.Raphael will be arraigned Saturday at First District Court in Hempstead.
The pension fund has insured some £8.2bn of liabilities through buy-in transactions since 2014. It has struck five such deals with Scottish Widows, and three with Prudential. In addition to the bulk annuity policies, it also has a £2bn liability-driven investment portfolio managed by BlackRock.According to its most recent annual report, in March last year it made the decision to liquidate all its return-seeking assets, the allocation to which had by then been reduced to 3% of total fund assets. As as at the end of March this year it only had £45m of such investments left, representing 0.4% of assets.Aon has estimated that £12.7bn of risk transfer deals were placed in the first half of this year, noting that this used to be the typical market size for the whole year before the strong growth in the market in 2018-2019, fuelled mainly by some large full scheme buyouts.2020, in contrast, has so far been dominated by pensioner transactions, it noted.Yesterday a £930m buy-in for Littlewoods pension scheme with Rothesay Life was announced. ICI Pension Fund is the pension fund for the former Imperial Chemicals Industries, taken over by Akzo Nobel in 2008.The trustee was advised on the transaction by LCP and Allen & Overy.To read the digital edition of IPE’s latest magazine click here. ICI Pension Fund completed a £70m (€76m) buy-in with Legal & General Assurance Society in May, its 17th such de-risking deal.With £10.3bn in assets and more than 85% of its membership comprising pensioners, the pension fund is one of the largest and most mature defined benefit schemes in the UK.The buy-in in May was its ninth with Legal & General, with whom it established an innovative umbrella contract in 2014 in connection with a then record-breaking package of liability insurance. “This latest transaction demonstrates the value of [that] contract […] and highlights what can be achieved by trustees with thorough preparation, the right experienced advisors and a clear decision making framework,” said Heath Mottram, CEO, ICI Pension Fund.
Swedish CEOs challenge ‘unrealistic demands’ against threat of igaming becoming obsolete June 8, 2020 Related Articles StumbleUpon Share Submit Share Evolution Gaming tables ‘game changing’ €1.8bn buyout of NetEnt June 24, 2020 Operator CEOs head speaker line-up for Latin America’s largest virtual betting and gaming conference May 28, 2020 NetEnt Games has continued its expansion into globally regulated markets after launching its portfolio of games in Czechia, formally known as the Czech Republic.The digital casino solutions provider has agreed a deal with Tipsport, the leading sports betting company in the country.Enrico Bradamante, Managing Director of NetEnt Malta Ltd, commented: ”We continue to deliver on our strategy to expand on regulated markets globally and we are excited about entering Czechia. “I am confident that our games will be well received by Czech players and that we can support Tipsport in driving online casino growth.” Following a successful integration process, a selection of NetEnt’s popular games are now available on the popular Tipsport platform.Jakob Lorentzon, Online Casino Director at Tipsport, added: “Tipsport, as the market leader, always prefers to work with established, trusted companies to deliver the best solutions and offer the highest quality product to our customers. This is why we chose to partner with NetEnt.”Earlier in the year NetEnt’s global expansion strategy led the firm to signing a similar deal with Caliente, its second customer with the Latin American market.Caliente, the largest online gaming operator in the regulated Mexican market, is to see its online casino complimented with a wide selection of digital games from NetEnt.