Muscat – Insurance coverage firms in Oman paid RO25mn in claims for site visitors accidents in 2022, in line with the Capital Market Authority (CMA).
Regardless of an increase within the variety of motor insurance coverage claims final 12 months, the whole quantity paid in claims by insurers decreased 12.6 per cent in 2022 in comparison with 2021 when insurers paid RO28.6mn.
The entire variety of site visitors accidents elevated 15.5 per cent to 76,200 in 2022 in comparison with the earlier 12 months. These embody 60,900 minor accidents and 15,300 main accidents throughout the 12 months, CMA information reveals.
The variety of insurance coverage claims for minor accidents rose to 64,300, whereas the whole compensation for minor accidents decreased to RO12mn in 2022.
The entire quantity paid in claims for accidents with damages decreased to RO8.5mn; the quantity paid in claims for bodily accidents and medical therapy additionally decreased to RO4mn.
Insurance coverage firms paid 327 dying claims as a consequence of main accidents involving a complete compensation quantity of RO456,000 in 2022.
Falling street accidents
In accordance with the Nationwide Centre for Statistics and Data, site visitors security within the 5 years from 2017 to 2021 improved significantly, highlighting a discount in street accidents.
Statistics reveal the variety of accidents in Oman decreased 60 per cent in 5 years – from 3,845 in 2017 to 1,539 in 2021.
In 2017, there was an accident each three hours, which diminished to 1 each six hours on the finish of 2021. Knowledge reveals 640 folks had been killed in site visitors accidents in 2017, 637 in 2018, 511 in 2019 and 371 in 2020.
The info for 2021 signifies collisions between automobiles constituted the commonest sort – 41.1 per cent – of site visitors accidents, whereas velocity was the largest explanation for accidents, with 820 attributable to dashing automobiles, constituting 53.3 per cent of the whole site visitors accidents.
In accordance with Brig Mohammed bin Awad al Rawas, Director Common of Site visitors at Royal Oman Police, the sultanate is witnessing an excessive amount of developments within the street community.