The mortgage finance have reached a value of €31.2 billion (US$38.3 billion) in the year 2004 in Germany. The market for mortgage finance in Germany is predicted to grow by 5.9% from 2004 to 2009.
Among the various mortgage lenders in Germany, Hypo Real Estate has a market share of 6.5% was the dominant player in this fragmented market in 2004. Deutsche Hypo has increased its turnover by 8.6% in 2004.
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The major insurance companies in Germany are as follows:
Allianz
Axa-Colonia
DBV-Winterthur
Munich Re
Gerling Group
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