Swansea student wins sponsorship

A post-graduate student from Swansea University’s school of business and economics has been awarded £15,000, over three years, by the UK Government Actuary’s Department (GAD) for doctoral research.

Elena Veprauskaite, 25, has recently completed her MSc degree in economics and business finance. The GAD sponsorship will fund Veprauskaite’s PhD research to examine the linkage between reserving, reinsurance and earnings management in the UK non-life insurance industry.

During her doctorate, Veprauskaite will also be funded by the GAD to attend work placements at their offices in London and to attend relevant training courses.

Veprauskaite said: “I am excited to be starting my PhD at Swansea University. I am very grateful to the Government Actuary’s Department for their generous support and I’m appreciative of the great help and guidance that I continue to receive from Professor Adams.”

Harvey Duckers, chief actuary, insurance at the GAD says: “We look forward to working with Elena. Her research will be a valuable addition to the thinking on solvency regulation and taxation of insurance companies, in the UK and overseas.”