High crash rate for Saudi Arabia

Saudi Arabia’s shockingly high crash rate is providing cause for concern. Research suggests that the country could see up to 1.1 million road crashes in 2016. This data comes from statistics provided by Najm Insurance Services of Saudi Arabia. The firm’s studies suggest that the number of motor vehicle crashes in the country could increase from 962,000 in 2015 and top 1.1 million in 2016. The insurance firm estimates that 17 people/day die due to road crashes in Saudi Arabia. It is also estimated that less
April 8, 2016 Read time: 2 mins
Saudi Arabia’s shockingly high crash rate is providing cause for concern. Research suggests that the country could see up to 1.1 million road crashes in 2016. This data comes from statistics provided by Najm Insurance Services of Saudi Arabia. The firm’s studies suggest that the number of motor vehicle crashes in the country could increase from 962,000 in 2015 and top 1.1 million in 2016. The insurance firm estimates that 17 people/day die due to road crashes in Saudi Arabia. It is also estimated that less than 45% of cars in Saudi Arabia are insured even though third-party motor vehicle insurance is mandatory. Insurers paid a total of US$6.67 billion for motor crash claims over last five years. The annual loss ratio has exceeded 100% after including sales, marketing and general administrative expenses that accounted for 15-20% of total sales. Insurers also have to deal with rising cost of spare parts and increase in fraud cases. According to a report by the World Health Organisation, Saudi Arabia is ranked 23rd in the world for number of deaths caused by road crashes.

Related Content

  • Western construction firms operating in developing nations face extra challenges
    January 9, 2024
    Contracting firms carrying out road construction works in developing nations can face extra challenges - Gordon Feller reports
    Read More
  • Better road safety reduces Europe’s casualty figures
    October 2, 2014
    Improving road safety in the EU has resulted in a drop in the fatality rate. Official figures just released show that the number of people killed on Europe's roads fell by 8% in 2013. This follows on from the drop in fatalities of between 2011 and 2012 and Europe is on track to halve road deaths in the 2010-2020 period Figures released by the European Commission provide grounds for optimism and Antonio Avenoso, executive director of the European Transport Safety Council (ETSC) said, “We welcome the reductio
    Read More
  • Set the ALARM for repairs in England and Wales
    January 10, 2019
    More than 3,900km of roads in England and Wales will need essential maintenance within the next year, according to the annual ALARM survey* Cash-strapped local governments are reporting that the gap between the funds they received and the amount they needed for repairs and maintenance was almost €639 million. This equated to an average shortfall of €3.75 million for every authority. It would take 14 years to get local roads back into a reasonable steady state, but only if adequate funds and resources wer
    Read More
  • India’s poor road safety requires improvement
    September 13, 2016
    The Indian Government has revealed that 146,133 people died in crashes on the country’s roads during 2015. This figure is of concern as it is an increase of 4.6% over India’s road fatality rate of 139,671 for the previous year. Also of concern is the fact that over half of the people who died in crashes were aged from 15-34, revealing that there is a particularly high risk for the young on India’s roads. The data also shows that there were 501,423 reported crashes on India’s road network in 2015, an increas
    Read More

Highlighted Content