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

  • Reduced traffic may not mean fewer crashes
    May 8, 2020
    Reduced traffic may not mean that there are fewer crashes on the world’s roads.
    Read More
  • UK construction machinery sales continue to rise, reports the CEA
    May 24, 2017
    UK exports of construction and earthmoving equipment showed further growth in the first quarter this year, the highest level since Q2 2015. Sales topped nearly €812 million, according to the latest report from the UK’s Construction Equipment Association. Continued healthy export sales “can be attributed to both improving demand in some of the major overseas markets, as well as the benefit of the weaker £ exchange rate since the middle of 2016, following the Brexit referendum”, report the noted. In terms of
    Read More
  • India’s IRTE wins top Prince Michael of Kent Safety Award
    July 4, 2019
    India’s Institute of Road Traffic Education (IRTE) was among the international winners at the annual Prince Michael International Road Safety Awards in London. IRTE picked up the Premier Award for its road injury prevention programme and for being a key partner in the Safer Cars for India project established by Global NCAP, an independent certification body that evaluates the safety of vehicles. Part of IRTE’s strategy has been the setting up of what is believed to be Asia’s first Masters of Science i
    Read More
  • Measures needed to increase awareness of cyclists
    May 4, 2012
    The latest official data shows a continuing improvement in road safety statistics in both France and the UK. However the data also reveals worrying trends in accidents concerning vulnerable road users. Department for Transport figures for 2010 have revealed a 17% drop in road fatalities to 1,850. But 111 pedal cyclists died in 2010, compared with 104 in 2009, with cyclist fatalities in capital London of particular concern. The DfT believes that the severe winter weather, lower traffic in general due to th
    Read More

Highlighted Content