12 Facts About Filip Lundberg

Filip Lundberg studied mathematics at the University of Uppsala, graduating in 1896 and receiving his Licentiate in 1898.

However, instead of becoming a teacher, Filip Lundberg joined a newly founded insurance company.

In 1903, Filip Lundberg went on to defend his doctoral thesis on the probability and collective risk.

Filip Lundberg soon moved to a second company where he was appointed actuary and, at the age of 28, became its managing director.

From 1904 to the 1930s, Filip Lundberg's activities were divided between his everyday life and trying to understand the relationship between the concepts 'collective' and 'risk'.

Filip Lundberg's results are described in his academic publications between the years 1909 and 1930.

Filip Lundberg advocated a cautious approach to the insurance business which emphasized consolidation before expansion.

Filip Lundberg went on to become a leader of the industry, managing other companies, serving as chairman of the Association of Swedish Life Insurance Companies for ten years, and sitting on government committees on insurance.

Filip Lundberg left his last position within Swedish insurance, as chairman of the board of Eir, in the same year that his collective risk theory was definitively clarified.

In parallel to his business career, Filip Lundberg worked on a theory of collective risk.

Filip Lundberg's work anticipated many future developments of probability theory, including what was later to be known as the theory of point processes.

However, eventually Filip Lundberg's ideas became known largely through the work of Cramer and his students.