Saudi Arabia – Wrong estimations for 44% of accidents
Wednesday, 10 19 2016, Category: Insurance and Reinsurance, Country: Saudi Arabia
A Saudi academic study found that wrong estimations from traffic authorities affect approximately 44% of accidents.
The study undertaken by Mohammed bin Mania from Naif Arab University for Security Sciences showed that the insurance sector in Saudi Arabia faces a dilemma related to the wrong evaluation of traffic accidents resulting from personal assessments where loss reaches 95%. He also suggested to establish a court for the settlement of related disputes.
Source: Al Arabiya