Continental Group reports 26% insurance premium growth in 2024, expanding total active insurance coverage to $6.9bn
The company's total coverage for life clients grew by 5 per cent last year, adding $800 million to the existing coverage.
The firm said it now has nearly $6.9 billion in active life coverage under management, reinforcing its position as a trusted partner in wealth management and insurance solutions in the Middle East.
'Continental Group's legacy is a story of thousands of families safeguarded, aspirations turned into reality, and three decades of trust garnered in the Middle East,' said Ashok Sardana, Founder & Managing Director, Continental Group.
The firm said its role in securing financial stability was underscored by $7.4 million in claims processed in 2024, including $3.2 million in non-motor claims, $2.4 million in motor claims and $1.7 million in life and critical insurance claims.
The company said its growth was driven by a sharper focus on personalised financial strategies, cross-border wealth structuring, and an evolving approach to lifetime client relationships.
Continental said its next phase of growth will see it integrating technology-driven solutions and deepening client engagement.
The firm plans to expand its team size by 20 per cent, strengthening its advisory division with specialist Wealth Managers and Financial Advisors, while also creating pathways for new entrants to the industry through structured training and development programmes.
It will also accelerate its digital transformation by introducing AI-driven advancements in cybersecurity, automation, and portfolio management to enhance security and provide real-time insights for clients and advisors, the company said.
'We have been building a framework that ensures financial security across generations. As we move forward, transparency, and a client-first approach will remain at the core of everything we do,' said Akshay Sardana, SEO, Executive Director, CFS DIFC Limited.
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