DGAP-News
Hypoport AG: Private Clients - value of new loans brokered and insurance portfolio achieve significant double-digit growth - Seite 2
brought forward, the fourth quarter was strong in relative terms (up 100
per cent on the third quarter). "However, regulation and the persistently
low level of interest rates will continue to make life difficult for the
insurance industry in 2015," was how Gawarecki viewed the outlook.
The insurance portfolio managed by Dr. Klein expanded across all product
segments. Whereas health insurance grew by only 1 per cent (to EUR30.8
million), life insurance & investments - the largest segment - increased by
19 per cent (to EUR66.3 million) and general insurance jumped by 48 per
cent (to EUR21.8 million).
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"For some time now we have been of the view that portfolio growth will be
the key benchmark for gauging the success of insurance product distributors
going forward. Only sufficiently large insurance portfolios can guarantee a
certain level of protection against market volatility. Our growth of 18 per
cent shows that we are on the right track in this respect," concluded
Gawarecki.
Note: Neither the revenue nor the earnings generated by Dr. Klein can be
directly extrapolated from the transaction figures given above.
Information on Dr. Klein
Dr. Klein is an independent provider of financial services for private and
corporate clients. It offers personalised solutions for private clients'
full range of financial needs. Some 650 specialists deliver impartial and
comprehensive advice over the internet and at more than 200 branches on
issues such as mortgages, insurance and investments.
Dr. Klein & Co. AG has been a major financial service partner to housing
companies, local authorities and commercial property investors since 1954.
It provides its institutional clients with a fully integrated service
comprising expert advice and customised solutions in the areas of financial
management, portfolio management and insurance for business customers. Its
client-focused advisory expertise and close, longstanding relationships
with all leading banks and insurance companies ensure that its customers
always have quick and easy access to the best financial services. It is for
these achievements that the Company has been awarded accolades such as
'Exemplary Financial Product Distributor' by Springer Fachmedien and the
'German Fairness Prize' by the n-tv news channel. Dr. Klein is a wholly
owned subsidiary of Hypoport AG, an online financial service provider that
is listed on the Frankfurt Stock Exchange.
Contact:
Christian Würdemann
Head of Communications, Human Resources & Legal
Hypoport AG
Klosterstraße 71
D-10179 Berlin
Phone: +49 (0) 30 / 4 20 86 - 1920
Fax: +49 (0) 30 / 4 20 86 - 281920
E-Mail: ir@hypoport.de
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport
---------------------------------------------------------------------
19.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: +49/30 42086-0
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
314263 19.01.2015
the key benchmark for gauging the success of insurance product distributors
going forward. Only sufficiently large insurance portfolios can guarantee a
certain level of protection against market volatility. Our growth of 18 per
cent shows that we are on the right track in this respect," concluded
Gawarecki.
Note: Neither the revenue nor the earnings generated by Dr. Klein can be
directly extrapolated from the transaction figures given above.
Information on Dr. Klein
Dr. Klein is an independent provider of financial services for private and
corporate clients. It offers personalised solutions for private clients'
full range of financial needs. Some 650 specialists deliver impartial and
comprehensive advice over the internet and at more than 200 branches on
issues such as mortgages, insurance and investments.
Dr. Klein & Co. AG has been a major financial service partner to housing
companies, local authorities and commercial property investors since 1954.
It provides its institutional clients with a fully integrated service
comprising expert advice and customised solutions in the areas of financial
management, portfolio management and insurance for business customers. Its
client-focused advisory expertise and close, longstanding relationships
with all leading banks and insurance companies ensure that its customers
always have quick and easy access to the best financial services. It is for
these achievements that the Company has been awarded accolades such as
'Exemplary Financial Product Distributor' by Springer Fachmedien and the
'German Fairness Prize' by the n-tv news channel. Dr. Klein is a wholly
owned subsidiary of Hypoport AG, an online financial service provider that
is listed on the Frankfurt Stock Exchange.
Contact:
Christian Würdemann
Head of Communications, Human Resources & Legal
Hypoport AG
Klosterstraße 71
D-10179 Berlin
Phone: +49 (0) 30 / 4 20 86 - 1920
Fax: +49 (0) 30 / 4 20 86 - 281920
E-Mail: ir@hypoport.de
Internet: www.hypoport.de
Twitter: http://twitter.com/Hypoport
---------------------------------------------------------------------
19.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Hypoport AG
Klosterstraße 71
10179 Berlin
Germany
Phone: +49/30 42086-0
Fax: +49/30 42086-1999
E-mail: ir@hypoport.de
Internet: www.hypoport.de
ISIN: DE0005493365
WKN: 549336
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
314263 19.01.2015
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