Skip to main content

South Korea’s high crash rate is giving cause for concern

A report from South Korea highlights the country’s high road crash rate. Produced jointly by the Korea Insurance Development Institute and the General Insurance Association of Korea, the report reveals an increase in road crashes over the last three years. The report compared the crash rate for period from July to August 2014 against the same time period for the preceding years, revealing an increase in crashes of 5.6% for the time slot in focus. According to the report, the number of highway crashes increa
August 14, 2014 Read time: 1 min

A report from South Korea highlights the country’s high road crash rate. Produced jointly by the Korea Insurance Development Institute and the General Insurance Association of Korea, the report reveals an increase in road crashes over the last three years. The report compared the crash rate for period from July to August 2014 against the same time period for the preceding years, revealing an increase in crashes of 5.6% for the time slot in focus. According to the report, the number of highway crashes increases when South Koreans take their summer vacation.

Related Content

  • Europe’s road safety challenge for the future
    March 2, 2022
    Europe’s road safety challenge is to reduce casualties for the future.
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • UK equipment sales remain strong
    September 1, 2021
    Sales in the first seven months of 2021 were 66 per cent up on 2020 levels to over 22,000 units.
  • Volvo CE posts optimistic results
    February 7, 2014
    Volvo Construction Equipment is posting optimistic financial results that show an increase in deliveries in the fourth quarter of 2013. The firm reports deliveries climbing by 9% as global markets show sign of improvement. A slowly recovering global market helped Volvo Construction Equipment round off 2013 with sales up 3% in the fourth quarter and improved market share, especially in compact equipment. When adjusted for currency movements net sales increased further – to 6%. These improved figures are due