The Swedish parent company of Folksam UK is going into liquidation.

Folksam UK has been in run-off since 1997.

Its parent, Återförsäkrings AB LUAP, applied for liquidation to the Court of Stockholm, it announced yesterday.

The move came after a deal fell through to sell Folksam International Insurance Company, through which the UK business of Folksam UK was conducted.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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