 Folksam consists of the two mutual insurance companies Folksam sak and Folksam liv.Folksam is today a Swedish insurance company only, after the sale in 2001 of the English subsidiary "Folksam International".Folksam is closely connected to the cooperative and trade union organizations in Sweden and it was started in 1908 as an insurance branch of Kooperativa Förbundet, KF, the main cooperative retail organisation.