Heliport
20th Jun 2002, 22:20
Extract from Press Release by LUAP - formerly Folksam International
The reinsurance company "Aterforsakrings AB LUAP" formerly Folksam International applies for liquidation
"The board of LUAP (formerly Folksam International) has handed in an application for liquidation to the Court of Stockholm. The liquidity of the company will be non-existent around August 2002 and the company has no possibility to fulfil its commitments.
.......... The liquidity will be non-existent in August 2002 with the present development and thereafter the company is not able to fulfil its commitments to its policy-holders."
For further information contact: [email protected]
Extract from Press Release by Folksam International Insurance Company (UK) Ltd
UK operations of 'LUAP', formerly Folksam International Insurance Company of Sweden
"....... From 1997, LUAP conducted its UK operations through a London branch of the Swedish company. This business is now part of the liquidation estate of LUAP."
For further information, contact:
Folksam International Insurance Company (UK) Ltd
Tel: 0207 481 2784
The reinsurance company "Aterforsakrings AB LUAP" formerly Folksam International applies for liquidation
"The board of LUAP (formerly Folksam International) has handed in an application for liquidation to the Court of Stockholm. The liquidity of the company will be non-existent around August 2002 and the company has no possibility to fulfil its commitments.
.......... The liquidity will be non-existent in August 2002 with the present development and thereafter the company is not able to fulfil its commitments to its policy-holders."
For further information contact: [email protected]
Extract from Press Release by Folksam International Insurance Company (UK) Ltd
UK operations of 'LUAP', formerly Folksam International Insurance Company of Sweden
"....... From 1997, LUAP conducted its UK operations through a London branch of the Swedish company. This business is now part of the liquidation estate of LUAP."
For further information, contact:
Folksam International Insurance Company (UK) Ltd
Tel: 0207 481 2784